US announces tariff on STS cranes
NewsA 25% tariff will apply to all STS cranes “from China”, including cranes produced by Konecranes, impacting US ports and terminal operators.
Ngqura investment trimmed
Work on developing some parts of the new port of Ngqura (Coega) in South Africa have been suspended because of the global economic slowdown. The project’s budget has been cut by R1B, so several administration buildings, the planned tug jetty and the expected extension of the container quay have been shelved.
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