Game changing ro-ro orders

Cargotec’s Q1 2024 report reveals record-breaking performance with EUR 137 million operating profit, marking its strongest start ever.

The operating profit percentages for the different business areas varied throughout the year, with Kalmar at 12.9%, Hiab at 14.1%, and MacGregor at 4.3%.

There are shortages in car carrying capacity, especially in China, where the export of electric vehicles has soared in the past two years.

The two Kalmar electric straddle carriers will feature batteries with an operation time of 45–50 minutes and a charging time of five to six minutes.

Cargotec is to reorganise and as part of this plan Kalmar, which is the division responsible for designing and manufacturing equipment for handling cargo, will be listed as an independent company.

Shipboard equipment orders have been booked by SM Solution/Philly Shipyard and by China Merchant Heavy Industries (Jiangsu) Co Ltd