Konecranes wins order for two more cranes on barge from China

In the first quarter of 2021, Jiangsu Zhenjiang Shipyard (Group) Co., Ltd. ordered two eco-efficient Konecranes Gottwald Model 8 Cranes on Barge. The cranes will be operated by Cosco Shipping Bulk Co. Ltd. (Cosco Bulk) off the coast of Guinea, Africa.

Home to the world’s largest reserves of bauxite, the Guinean mining industry has been expanding. Cosco Bulk, a subsidiary of a world-leading shipping company, China Cosco Shipping Corporation Limited, found they needed more cranes to cope with the volume. These two new cranes will transship bauxite for the production of aluminum from river barges onto ocean-going vessels and will bring the total number of Konecranes Gottwald Cranes on Barge in the region to twelve.

“It’s always a pleasure to receive a repeat order from a satisfied customer,” says Jerry Fann, Sales Director, Konecranes Port Solutions. “Our technology has proved itself once again under challenging conditions. As the number of Konecranes Gottwald Cranes on Barge grows around the world, we have consolidated our leading position in this market. Our cranes on barge capabilities have been growing steadily since launching in 2004, and we will continue to improve them as technology develops.”

Specially built for use on the open sea, the cranes provide a maximum outreach of 43 m and a powerful 63 t grab curve for continuous-duty bulk handling. They are designed in accordance with Lloyd’s Register Code for Lifting Appliances in a Marine Environment, which allows them to be operated at wind speeds up to 24 m/s and at maximum wave heights of 2.5 m.

 Further information: 
Jerry Fann, Sales Director, Konecranes Port Solutions
Email: jerry.fann@konecranes.com or phone: +86 1855 906 0108

Further information for investors and analysts:
Kiira Fröberg, Investor Relations, Konecranes
Email: kiira.froberg@konecranes.com or phone: +358 20 427 2050

This press release is available at our website konecranes.com

Konecranes is a world-leading group of Lifting Businesses™, serving a broad range of customers, including manufacturing and process industries, shipyards, ports and terminals. Konecranes provides productivity enhancing lifting solutions as well as services for lifting equipment of all makes. In 2020, Group sales totaled EUR 3.2 billion. The Group has around 16,900 employees in 50 countries. Konecranes shares are listed on the Nasdaq Helsinki (symbol: KCR).