Filter content by area of interest
Ports & Terminals
Port AuthoritiesContainerBulkBreakbulk/General CargoRo-Ro/AutomotiveGTOs
Cargo Handling Equipment
STS CranesYard CranesMobile CHERo-Ro EquipmentBreakbulk EquipmentLow ThroughputBulk Handling Equipment
Shipping & Logistics
Container ShippingBreakbulk/General CargoRo-Ro ShippingDry Bulk ShippingLiquid cargoesLogistics
TOSPlanning & Optimisation TechnologyWiFiMobile ComputingPort Community SystemsAsset Tracking & Monitoring
Automated EquipmentGate AutomationRemote ControlProcess Automation
RailInland WaterwaysShortsea ShippingRoadAir-Cargo
Container Industry
Container manufactureContainer leasingRepair/StorageTradingConversion/Innovation
Operations/TransportContainer leasingEquipmentM&R/Storage
General cargoProject Cargo/Heavy LiftForest productsRo-Ro/AutomotiveAgribulks
Safety & Security
InsuranceHazardous cargoLashings/SecuringLegal/Regulatory
Civil Engineering
Port & terminal construction/designCivil & Consulting EngineersDredging & ReclamationMooring & FenderingLightingPaving & Surfacing
InsuranceLegal/RegulatoryAppointments/PeopleMergers/Acquisitions/RestructuringFinance/Financial ResultsTrade & Professional AssociationsBusiness/Commerce Miscellaneous
 View all Topics View all Topics A-Z
More View all Topics View all Topics A-Z

You are viewing 1 of your 1 guest articles

register  or  login  for full access to online news

Cargotec for Chabahar?

Cargotec is understood to have been awarded a contract by India Ports Global for four RMGs and 10 RTGs for the Iranian port of Chabahar, on a low bid basis

Linked InTwitterFacebookGoogle Plus

According to the Hindu BusinessLine, India Ports Global Pty Ltd (IPG) has awarded Cargotec Oy in Finland a contract for four RMGs and 10 RTGs for the new Iranian Port of Chabahar, on a low bid basis of around US$18M.

As previously reported, IPG is a joint venture of JNPT Mumbai and Deendayal PT (formerly Kandla PT) that was awarded a 10-year concession to develop Chabahar following an Indo-Iranian bilateral agreement (WorldCargo News, August 2015, p8). New Delhi is backing the plan because Chabahar provides an alternative to Karachi for Afghani foreign trade and it looks as though this strategy is succeeding (this is discussed in WorldCargo News, March 2018).

India is increasingly worried about China’s influence and Indian Ocean reach through its friendship with India’s strategic rival Pakistan. In particular, Gwadar, which is close to Chabahar, is in practice a Chinese port.

Cargotec has told worldcargonews online that it is not able to comment on the reports, but it seems fair to assume that the Kalmar design equipment must be coming from the Rainbow-Cargotec joint venture in China, so it is not clear why Cargotec in Helsinki needed to sign the contract. The timeline is reported to be 16-18 months for the RMGs and 12-14 months for the RTGs. Last August IPG placed orders with ZPMC for four STS gantry cranes and it is now also tendering for four mobile harbour cranes and 32 tractor/trailer sets.

A curious point is that last year leading western port equipment companies such as Konecranes, Cargotec and Liebherr reportedly told IPG that the President Trump’s hostility to Iran, reversing the previous Obama Administration’s policy line, made it difficult for them to bid on Chabahar projects.


Linked InTwitterFacebookGoogle Plus

You may also be interested in...

Soft touch for Kloosterboer

Full speed ahead for Savannah

MACS3 for Zhonghu Shipping

Camco’s BoxCatcher takes off

ABB continues STS auto improvements

Singamas profit warning

Related Stories

US drops tariffs on gantry cranes

Gantry cranes have been removed from the list of Chinese imports that will be su...

Transnet CEO suspended pending an investigation

The CEO of South African transport utility Transnet, Siyabonga Gama, has been se...
Linked In