August 28, 2019
The daily brief: 28 August 2019
Konecranes' ship-to-shore cranes will ease container handling in Lithuania.
All the daily Finnish business news that works: UPM, Konecranes and Hatch make headlines.
Finnish forest industry company UPM has ordered seven state-of-the-art vessels, Konecranes is delivering ship-to-shore cranes in Lithuania, and Hatch has found a new 5G cloud gaming partner in the US.
UPM has entered into long-term charter agreements for seven state-of-the-art sustainable vessels with Finland-based shipping company Bore and Dutch company Wijnne Barends, both affiliated with the Spliethoff Group. Bore will build three roll-on, lift-off (RoLo) vessels for UPM’s paper products and Wijnne Barends four lift-on, lift-off (LoLo) vessels for pulp and other forest products. All the vessels will be built in China and will run on liquefied natural gas (LNG), which significantly reduces C02 emissions. The deliveries will take place in 2021 and 2022.
Konecranes has received an order for two ship-to-shore cranes from Klaipeda Container Terminal (KCT) in Lithuania. The cranes will be delivered to the terminal, located in the Port of Klaipeda, in the first quarter of 2021. KCT has been using Konecranes’ equipment at Lithuania’s only port for over 20 years and needed to invest in new container handling equipment due to rapidly growing operations.
Rovio subsidiary Hatch has partnered with US-based carrier Sprint to offer 5G mobile game-streaming in the US. Hatch’s premium cloud gaming service will be pre-installed and free-of-charge for three months on Sprint 5G smartphones. Sprint is rolling out its True Mobile 5G service in the coming weeks in several of the largest cities in the US, where its 5G customers will get instant access to more than 100 premium mobile games on Hatch’s streaming platform.
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