Konecranes wins EUR 200 million deal in USA
Konecranes wins EUR 200 million deal in USA — biggest in company’s history
Konecranes will deliver 86 Automated Stacking Cranes (ASCs) in two contracts to the Board of Commissioners of the Virginia Port Authority. The first contract is for 60 ASCs for Norfolk International Terminals and the second for 26 ASCs for Virginia International Gateway. The value of the contracts exceeds EUR 200 million, making this the largest deal in Konecranes’s history.
The Virginia Port Authority, marketed as The Port of Virginia, is the fifth largest port in the USA, and is one of the largest economic engines for the Commonwealth of Virginia. The port has experienced record growth over the past two years and is in the midst of two large-scale infrastructure projects at its largest container terminals.
“Once the construction is done and these cranes are in place and operational, our port will have the capacity to process an additional 1 million containers annually, have the channel depth to handle the biggest ships in the Atlantic trade and double-stack rail service offered by Norfolk Southern and CSX to some of the nation’s most important markets,” Virginia Governor Terry R. McAuliffe says.
The agreement between Konecranes and the VPA covers two projects. The first is redevelopment of container handling operations at Norfolk International Terminals (NIT). The second is expansion at Virginia International Gateway (VIG). Konecranes supplied the Automated Stacking Crane system currently working at Virginia International Gateway. It has been working, reliably and productively, for ten years.
“The product is field-proven, the delivery is on-time and ultimately, on-budget. We’re looking forward to putting them into use and further increasing our ability to serve as an economic engine for the Commonwealth,” says John F. Reinhart, CEO and executive director of The Port of Virginia.
The two contracts further strengthen Konecranes’s presence both in USA and Virginia concept.
“Konecranes supplied the Port of Virginia’s current automated stacking crane system in 2007. The concept we developed with the Port of Virginia at the time, the ‘Virginia Concept’, has established itself as the benchmark around the world. Since 2007, every new automated stacking crane container terminal has used the Virginia Concept to a greater or lesser degree,” Mika Mahlberg, Senior Vice President, Head of BU Port Cranes, Konecranes, says.