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Cargotec has been chosen as the preferred partner to supply 40 Kalmar automatic stacking cranes with related technology and 28 Kalmar shuttle carriers to DP World's deepsea container port London Gateway.
Ports operator DP World will invest another US$1 billion in the London Gateway project over the next three years, the company said, adding the new port centre will be operational by the fourth quarter of 2013.
The world's largest port operator said the under-construction port will have an initial capacity of 1.6 million twenty-foot equivalent units (TEU).
Cargotec and DP World have signed a cooperation agreement and aim to finalise the contract shortly. The parties have agreed not to disclose the value of the intended contract however, a typical value of this size of a project is around US$135-203mn depending on the scope of the delivery.
"We are proud to be chosen as the partner in the heart of this landmark project and we are committed to London Gateway's success. With this cooperation, we are strengthening our position as a leader in the field of port automation," says Harald de Graaf, Executive Vice President, EMEA.
"Since 1990, we have steadily developed our track record in the field of automation in automatic stacking crane systems and in horizontal transportation. We are determined to lead the way in automation," continues Harald de Graaf.
To support its customer focused strategy, Cargotec acquired terminal operating systems provider Navis earlier this year. Together, Cargotec and Navis will be able to offer solutions to ports. Cargotec also unveiled plans to establish a joint venture with Jiangsu Rainbow Heavy Industries Co Ltd in China to provide leading heavy crane solutions globally.