Good News from Wed, 04 July, 2012:

Konecranes receives an order from Norway

Konecranes has received an important order from Kvaerner in Norway. Konecranes has received an important order from Kvaerner in Norway.

Konecranes has received an order for a Goliath gantry crane from Kvaerner in Norway. The crane will be in operation at Kvaerner’s facilities at Stord on November 2013. The parties have agreed not to disclose the value of the order.

A Konecranes press release states that the markets on the Norwegian continental shelf show a large number of new oil and gas related onshore and offshore projects coming up during next eight years, and Kvaerner is preparing for the future growth and investing in upgrades of its facilities, and in lifting and trailing capacity, including a new Goliath gantry crane.

— The investments made into manufacturing capacity and thus to an improved productivity in the Nordic countries are very encouraging, says Jussi Rautiainen, Konecranes’ General Manager, Shipyard Cranes.

The ordered Goliath gantry crane will more than double the lifting capacity, from 350 to 800 tons. The span will be 153 meters and the height 115 meters. With the new Goliath crane Kvaerner will be able to conduct two topside projects in parallel, compared to one earlier.

Konecranes is a world-leading group of lifting businesses, serving a broad range of customers, including manufacturing and process industries, shipyards, ports and terminals.

www.konecranes.com

MM