China’s heavy equipment manufacturer, Nantong Rainbow Heavy Machineries, is acquiring German firm Koch Solutions and the two companies have signed the strategic agreement.

Chinese heavy equipment manufacturer Shanghai Zhenhua Heavy Industries Co., Ltd. (ZPMC) signed the contract for two shipbuilding factory gantries with Karachi Ship Building and Engineering Construction Plant of Pakistan.

UK-based BLOK Container Systems has introduced a new equipment to speed up the handling of containers so as to improve the overall operational efficiency at ports.

MacGregor, part of Cargotec, has announced the signing of an agreement with Ocean Sourcing to support MacGregor equipment installed on the Anglo Eastern Univan Group’s fleet of 650 managed ships.

DP World’s new deepwater terminal being built at Posorja, Ecuador has purchased a new fleet of Kalmar mobile equipment.

Safety and survival equipment specialist Survitec has opened its largest service and distribution hub globally in Singapore.

Two subsidiaries of CSSC Offshore & Marine Engineering (Comec) have received Chinese government grants totalling RMB41.59m ($6.04m) to undertake projects on developing high-tech equipment.

“Rental is really the way forward,” he declared Kalmar Asia Pacific senior vp Peter McLean, noting that ports in the developing world especially in the Asia Pacific are particularly ripe for the rental model.

China State Shipbuilding Corporation (CSSC) offically opened a new logistics centre in the Yangshang free trade zone in Shanghai which will enable it to facilitate lifecycle services and flexible solutions for the entire CSSC product portfolio.

Norway is offering credit to international shipowners who buy retrofit systems such as ballast water management from Norwegian suppliers.

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