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The Indonesian branch of Malaysian national oil company Petronas has awarded energy and marine consultancy ABL a contract to provide rig inspection services to its assets operating offshore Indonesia.

The contract is valid for one year, with an optional one-year period extension.

Under the terms of the contract, ABL can be called on to provide rig assurance, equipment focused inspections, drilling readiness peer reviews, client representation and technical risk assessments.

“Our rig inspection experts have extensive industry experience and in-depth knowledge across all types of rigs. We have a well-developed set-up that is tailored to make the rig inspection process as efficient, consistent and transparent as possible while also de-risking the impact of rig operations on the local marine environments. We look forward to supporting Petronas offshore Indonesia.” Deddy Setiyatno, Country Manager ABL Indonesia.

ABL’s Indonesian team in Jakarta will manage and resource the project. ABL also has a newly established office in Batam, Indonesia.

ABL is part of Oslo-listed ABL Group ASA, an independent consultancy group providing energy, marine, engineering and digital solutions to drive safety and sustainability across global renewables, maritime and oil and gas sectors.

Last year ABL Group acquired the international wells and reservoir consultants, AGR, enabling the group to provide an end-to-end and project-focussed approach to supporting rig operations. Together, ABL and AGR provide a comprehensive range of services tailored to clients’ specific needs and project requirements.

The post Petronas appoints ABL in Indonesia first appeared on Project Cargo.

Hiab, part of Cargotec, has produced truck mounted forklift unit number 100,000 at the production supply centre in Dundalk, Ireland.

Designed to be carried on the rear of most trucks and trailers, truck mounted forklifts can be dismounted and ready to deliver loads in under 60 seconds. The Dutch company Kooi created the first truck mounted forklift in 1967 while MOFFETT created its first truck-mounted forklift in 1986. In 2004, Kooi was incorporated into MOFFETT, then a part of Hiab.

Today, Hiab produces truck mounted forklifts under two brands, MOFFETT which is available in 40 countries and PRINCETON which supplements Hiab’s offering in the US. In 2021, the assembly of both brands was expanded to the US, in Streetsboro, Ohio.

“Hiab is the world’s leading provider of truck mounted forklifts with over 25,000 units sold in the last five years. A big thank you to customers, all partners and employees who make this possible,” says Jon Lopez, Senior Vice President, Truck Mounted Forklifts, Hiab.

Jann Hansen, Vice President, Sales & Product Management, Truck Mounted Forklifts, Hiab, adds: “Our truck mounted forklifts are being used to keep everyday life moving in over 40 countries around the globe. There is a truck mounted forklift for almost any application with our line-up of more than 30 different models, ranging from 1.5 to 3.5 tonnes.”

As the first manufacturer, Hiab has introduced a complete all-electric lineup of emission free models matching the diesel versions. Electric charging contributes to a lower total cost of ownership for electric units combined with reduced service costs as they are engineered with fewer moving parts.

“We have made significant investments in R&D as we develop our portfolio, in particular, our MOFFETT eSeries of all-electric models. Our focus is on safety, sustainability, productivity and lowering the total cost of ownership. In the future, new models will benefit from improvements to our advanced control systems and connected services,” says Kevin Turnbull, R&D Director, Truck Mounted Forklifts.

All truck mounted forklifts models can navigate tight spaces and drive on uneven and soiled surfaces. This makes them ideal to distribute building supplies, beverages and gas canisters. Not limited to traditional logistical operations, their versatility means that truck mounted forklifts are used for defence and poultry farming operations and everything in between.

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Marr Contracting has published its first Social Impact Report covering the period from the launch of their Social Impact Strategy and Roadmap in 2021 up until December 2023.

The inaugural report highlights Marr’s journey in developing its strategy, outlines the business’ future intentions, and details its progress against five key focus areas:Health, safety and wellbeing;Environmental impact; Learning and development; Equality, diversity and inclusion; and Local employment.

“As a third-generation family-owned business we know that a good business is one that continually innovates and adapts to respond to the challenges of its time. And as problem-solvers who love a challenge, we are never shy of tackling the big issues,” said Marr’s Managing Director, Simon Marr.

“We know that our industry faces urgent challenges and believe that finding solutions requires looking at the issues from a multi-dimensional perspective. As our business has grown both in Australia and internationally, so has our commitment to embracing new technology, legislative changes and opportunities to do things better across all levels of our business,” Marr said.

“We know we have a long way to go, and innovation and productivity are key. For us, that means working collaboratively with our clients, end-clients, partners and supply chain to make our industry safer (for people and the planet), more inclusive and more sustainable,” he said.

Key achievements outlined in the report include: Health, Safety & Wellbeing:A steady improvement in injury performance in recent years;Recertification by BSI to internationally recognised standards for Occupational Health and Safety (OH&S) and Quality management systems, ISO 45001 and ISO 9001;New global Standard Operating Procedures (SOPs) and Operational Risk Management frameworks to enhance control of critical operational risks;A new approach to safety based on psychological safety and the completion of Marr’s first psychological risk survey and assessment.

Environmental Impact: No significant environmental incidents; Annual audit and benchmarking of current Scope 1 and 2 GHG emissions – which identified that sourcing low carbon renewable fuels for our cranes would address 80 per cent of baseline emissions; Membership to the NSW Government’s Sustainability Advantage initiative; Participation in NSW Government Energy Savings Scheme with a 63.28% reduction in lighting energy consumption; and Waste management improvements and electric forklift trials.

Learning and Development: Development of Marr’s Learning & Development (L&D) framework; Benchmarking to establish a core competence model across the business; The facilitation of employee exchanges to facilitate skills transfer and knowledge sharing between between Australian and the UK operations; Participation in industry research with Torrens University & Western Sydney University study (2021).

Equality, Diversity and Inclusion: Identified strength in fostering a culturally & linguistically diverse (CALD) workplace with 37 per cent of our workforce being from a culturally & linguistically diverse background; and
Completion of employee baseline data and benchmarking for future DEI markers.

Local Employment: Supply chain mapping exercise undertaken with the aim to understand the risks and opportunities in our supply chain; and Re-certification to UK Common Assessment Standard (CAS) – Constructionline Gold Standard.

The post Marr Contracting publishes first Social Impact Report first appeared on Project Cargo.

KGE Baltic are pleased to announce the successful completion of a significant multimodal project cargo shipment.

Recently, the company managed the transportation of specialised equipment from Sweden to Kazakhstan.

The main pieces of cargo for this transport included two units of new DISAB Centurion P10 vacuum units, which were mounted onto the chassis of a Volvo truck.

Dimensions for this cargo measured 10.0 (L) x 2.50 (W) x 3.85 (H) meters, with each vacuum unit weighing 22,500 kilograms.

Also included were suction accessories as well as a hose, stored in a wooden crate.

This delivery was received from Eslev, Sweden before travelling by road and rail to Atyrau, Kazakhstan.

Continuous tracking updates were provided to KGE’s client, ensuring transparency and satisfaction.

“Throughout the operation, our team ensured meticulous planning and execution to guarantee the safe and timely delivery of the cargo.”

The post KGE manages transport to Kazakhstan first appeared on Project Cargo.

The renowned Hamburg-based shipping company UNIATLANTICO strengthens its position in the maritime sector by acquiring a majority stake in the shipping companies EMS Chartering, Fehn Ship Management, and Northwest Competence of the German Ems-Fehn-Group (Leer).

The companies provide services in shipping & chartering, ship management, and crewing and will now pursue a common growth path with UNIATLANTICO.

The combined shortsea shipping & chartering operations will be based in Leer and operate under the well-established branding of EMS Chartering. For this, the EMS Chartering team will merge with the shortsea specialists of UNIATLANTICO into one unit and jointly market the combined coaster fleets of both partners. The joint unit will also have offices and teams in Hamburg and Bremen.

“We are very pleased to have this expanded team of seasoned and acclaimed shipping professionals on board, who have enjoyed a high reputation in the market for decades,” says Andreas Bergmann, CEO and founding partner of UNIATLANTICO. Heiko Luikenga, main shareholder of EMS-Fehn-Group, adds: “Our shipping experts are known for their customer-oriented solutions. Together, they will be able to achieve even more for our clients.” EMS-Fehn-Group consists of two divisions, Maritime and Logistics. The structure of the Logistics division remains unchanged.

The EMS Chartering team will be led by Managing Director Agnieszka Acar, who has been at the helm since July 2023. “I am very much looking forward to working with my old and new colleagues to further improve our services and to continue developing individual solutions that precisely meet our customers’ requirements,” says Acar. “Combining the coaster fleets further enhances our flexibility and helps us leverage our collective expertise and resources.”

EMS Chartering’s fleet will now consist of nine modern and economic general cargo coaster vessels, ranging in size from 2,600 to 5,000 DWAT and ideal for safely transporting bulk, breakbulk, and project cargo. A number of these ships can reach river ports and seaports with limited access due to tides.

Fehn Ship Management, responsible for the technical management of owned and third-party vessels, and the manning agency Northwest Competence, including its Riga-based offshoot Baltic Transocean Shipping & Crewing, will also be part of the strategic acquisition by UNIATLANTICO, expanding its footprint in all aspects of a diversified and fully integrated shipping enterprise.

„We became ship owners in 2016 when we acquired our first fully-owned vessel, but so far we have mainly been focusing on a strong commercial operation,“ explains Bergmann. Since 2016, the UNIATLANTICO fleet has grown steadily. „However, the idea of building up in-house competence in all aspects of commercial, technical, and crew management is only now becoming reality with the acquisition of shares in EMS-Fehn-Group’s Maritime division.“

The post UNIATLANTICO becomes new majority shareholder in Maritime division of EMS first appeared on Project Cargo.

Wolfgang Karau, Director of Worldwide Project Consortium (WWPC), had the pleasure to visit Vigo, home to one of the founding members of the network, Kaleido Logistics (former Vasco Gallega De Consignaciones).

Kaleido Logistics are the members for the network in Spain and Portugal.

After visiting the project department and meeting with key staff it was a pleasure also being greeted by the company´s President, Mr. Juan Martínez and his two sons Xoán and Xosé, both CEO´s of the company. Ms. Beatriz Alvarado, Sales and Chartering Director, Mr. Roi Gómez, Procurement Manager and Ms. Yajaira Giraldez from the Procurement Department engaged in a fruitful discussion about various topics concerning the network.

Wolfgang Karau extends his gratitude and Thank You for the hospitality to the Kaleido Logistics team.

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Rhenus Port Logistics Rhein-Ruhr is now providing a weatherproof port terminal and special loading equipment for grain shipments from Ukraine at Terminal 4 of the Port of Duisburg.

The maize was previously transported to its destinations via the Ukrainian port city of Odessa. The rail transport through Ukraine, Poland and Germany replaces this previous route. On arrival in Duisburg, the maize is transferred directly from the containers into inland waterway vessels. By closely coordinating the arrivals of rail and shipping services, it is possible to ensure that the sensitive cargo is quickly transported to its next destination.

Duisburg as a new hub: Rhenus Port Logistics organises handling operations to transport Ukrainian cerealsDuisburg as a new hub: Rhenus Port Logistics organises handling operations to transport Ukrainian cereals
Rhenus Port Logistics is an expert in handling general cargo and containers and has a business presence at numerous German ports with its own terminals or offices or it is represented by long-standing partners. This is also the case in the Port of Duisburg by means of the Rhein-Ruhr Terminal. It not only provides sufficient warehouse capacity and special handling services, but also has outstanding multimodal connections with all modes of transport. Other parties involved in transporting the maize from Ukraine are the long-standing Rhenus partner and container logistics specialist Contargo and Rhenus LBH PartnerShip. The latter handles the ongoing transportation by inland waterway vessel. The rail services from Ukraine to Duisburg via Poland are handled by various rail service companies and finally by “duisport rail GmbH.”

Reloading the entire freight on several occasions is just one of numerous challenges along the itinerary. At the Ukrainian border town of Mostyska, the freight is transferred from cereal bunker wagons to standard EU bulk containers. At the Polish/Ukrainian border, the consignments are provided with special GPS tracking seals, for example, and these are then removed at the German/Polish frontier. Partners Rhenus and Contargo analysed the entire supply chain for four months before launching the first transport operations. In addition to having GMP+ certification to safely transport the animal feed, it has been necessary to coordinate all the customs procedures and arrivals of rail services and inland waterway vessels to provide punctual handling.

“It has not only been essential to consider the current cereals market, but also the political circumstances in Ukraine and the transit and import restrictions for cereals in Europe when setting up the project; and repeated checks on the transport operations have been required to see whether they are feasible and cost-effective”, explains Michael Petersmann, Managing Director of Rhenus Port Logistics Rhein-Ruhr. As many as four block trains currently arrive at the Port of Duisburg every month. “We’d be delighted to be able to continue the handling services in Duisburg in the long term as an alternative to the previous route via Odessa. Expanding the transport services to include other cereal products such as wheat, rapeseed, sugar beet pellets and soya beans would be completely realistic,” says Marcin Czachorowski, the Managing Director and Project Manager at Contargo Intermodal Poland.

The partner-like cooperation between those involved at duisport rail GmbH and Rhenus Port Logistics Duisburg guarantees that the tipping device at the handling facility supplies the feed from the cereal trains and discharges it directly into the inland waterway vessels on time. The communications between the scheduling departments at duisport rail and at Rhenus Ports Duisburg are particularly important in this process to ensure that just-in-time handling services are provided for the block trains.

The post Rhenus organises transport of Ukrainian cereals first appeared on Project Cargo.

Total Movements Pvt.Ltd, member to the Worldwide Project Consortium (WWPC) in India, executed a contract to arrange for the safe and timely delivery of five Deethanizer Condensers for an Oil and Gas Project in Saudi Arabia.

The project team of Total Movements successfully executed this multimodal delivery in shipping the condensers via two modes: on flat rack containers and breakbulk for the over-width/height condensers on a container vessel.

A company spokesperson stated: “Our scope of work encompassed coordinating transportation from the supplier’s facility to the load port, handling all export customs clearance processes, and efficiently loading the condensers into flat rack containers with secure lashing and securing techniques. We oversaw all port handling activities, ensuring the cargo was safely loaded, unloaded, and managed. Lastly, shipping the condensers from the west coast of India to the east coast of Saudi Arabia, adhering to all maritime regulations and standards.

Despite unexpected changes in the vessel schedule that threatened to delay the shipment, our team swiftly adapted by identifying an alternative load port and securing another vessel, ensuring the condensers were shipped on time to meet the project deadline.

By efficiently managing all aspects of the transportation process and swiftly addressing unforeseen challenges, we successfully delivered the condensers, supporting the execution of the oil and gas project in Saudi Arabia.”

The post Total Movements completes Saudi contract first appeared on Project Cargo.

Hiab, part of Cargotec, launches the HIAB eX.HIPRO crane featuring cutting edge technological advancements in load handling for energy efficiency, increased productivity and ease of use with minimal environmental impact.

Energy-Efficient and Electric Vehicle (EV) ready — the new HIAB eX.HIPRO provides unprecedented efficiency with energy savings of up to 30% with its advanced all-new hydraulic systems. The cutting-edge, pressure-compensated, and load-sensing hydraulics are optimised for high oil flow, reducing fuel consumption and CO2 emissions, making operations not only more efficient but also environmentally friendly and quieter. The HIAB eX.HIPRO is ready for the future with its compatibility with electric vehicles. When installed with a diesel engine, its engine control with Dynamic RPM and Automatic Start/Stop functionality further enhances energy efficiency, ensuring operations are at peak performance with minimal environmental impact.

Superior Control and Precision — at the heart of the HIAB eX.HIPRO is the SPACEevo control system, the latest in intelligent control technology. Combined with the Olsbergs V200 valve and PFD function, the eX.HIPRO offers smooth and fluid simultaneous movements, reducing pressure drops and heat generation. This system ensures precise control, making even the most complex manoeuvres easy to execute. “With our customers’ needs in mind, we created the HIAB eX.HIPRO loader crane range to offer a leading market performance, substantial energy efficiency savings, superior capacity, speed and precision. Helping our customers in their sustainable growth journey is key for us and the HIAB eX.HIPRO is a product that will greatly aid in those efforts,” says Barry McGrane, SVP Loader Cranes Light and Medium, Hiab.

Optimised for Complex Tasks — Designed for businesses that require superior performance, the HIAB eX.HIPRO excels in applications needing high capacity, speed, and precision. Its intuitive controls and state-of-the-art sensor safety features facilitate easy handling and training, enabling operators to achieve higher productivity with less effort.

Enhanced Productivity and Uptime — The HIAB eX.HIPRO is designed to maximise uptime and productivity. Its robust construction and superior quality components ensure long-lasting performance, backed by extensive warranties, five years on the steel structure and two years (three as option) on all other parts, and a wide network of service support. The HIAB eX.HIPRO can be tailored to the customer’s specific needs with a range of optional features, including variable pump flow and crane tip control. These add-ons enhance the crane’s versatility, making it the ideal choice for professionals who demand the best in every operation.

This launch includes the HIAB eX.142 HIPRO, HIAB eX.162 HIPRO, HIAB eX.192 HIPRO and HIAB eX.232 HIPRO cranes that are available in different configurations.

The post Hiab launches the HIAB eX.HIPRO crane first appeared on Project Cargo.

Sarens completed the Kiln Changeout project at the Golden Triangle site in Port Arthur, Texas, undertaken for the replacement of a large industrial kiln.

Sarens, renowned globally for its expertise in heavy lifting and engineered transport, successfully completed the Kiln Changeout project at the Golden Triangle site in Port Arthur, Texas. This project, undertaken for the replacement of a large industrial kiln, highlights Sarens’ commitment to precision, safety, and efficiency in complex lifting operations.

The primary objective of this project was to remove the old kiln and install a new one, ensuring continued operations and improved efficiency at the facility. The new kiln, measuring 91 feet in length and 6 feet in diameter, and weighing 122,000 pounds, was essential for the client’s operational upgrade. The entire process was meticulously planned and executed to minimise downtime and disruption.

Sarens was selected for this project due to its competitive pricing and proven track record with the client. The project required careful planning and execution in an extremely tight area, with safety being the top priority. Specific site training was conducted to ensure all team members were prepared for the unique challenges of the project location.

The project commenced on May 26, 2024, and concluded successfully on May 31, 2024. Utilising the LTM 1400 crane, configured with 264,600 pounds of counterweight, Sarens was able to lift and place the new kiln with precision. The crane, chosen for its optimal lift capacity, performed exceptionally well, with its smooth motion being a key factor in the project’s success. Charlie Morris, Project Manager at Sarens, remarked, “The Kiln Changeout project was a great success due to our meticulous planning and the excellent performance of our team and equipment. We’re proud to have completed this project efficiently and safely, meeting all the client’s expectations.”

The logistical aspect of the project was handled with utmost efficiency. The crane was transported to the site and assembled the day before the lift. Despite the confined space, the crane setup was completed without any significant issues. The old kiln was cut into two pieces for easier removal, while the new kiln was installed in a single pick. This strategic approach minimised the complexity of the operation.

Over the course of the project, a crew of five Sarens team members ensured that the lifts were executed safely and efficiently. The weather conditions were favourable, further contributing to the smooth progress of the project.

The Kiln Changeout project not only highlights Sarens’ capability to handle complex industrial projects but also shows the company’s dedication to delivering high-quality results under challenging conditions. The successful completion of this project is a testament to the skill and commitment of the Sarens team, as well as the advanced capabilities of their equipment.

The post Sarens completes project in Port Arthur first appeared on Project Cargo.

Hellmann helps has donated a total of 64,000€ to the Children’s Foundation Die ARCHE (Arks) in Germany and Switzerland.

The non-profit organization, established in 2022 by Hellmann employees, supports crucial contact points for children, young people, and their families in need. As part of this donation campaign, local Hellmann teams will personally present a check of 8,000 euros each to eight Children´s Arks located near to Hellmann branches.

The donations aim not only to provide financial support but also to highlight the needs of disadvantaged children. The initiative seeks to foster long-term partnerships between Hellmann employees and Die ARCHE, contributing to the sustainable improvement of living conditions for children and their families. The Childcare centers offer daily free hot meals, homework assistance, leisure activities with sports, games, music, and extensive care and attention. As part of the initiative, Hellmann helps supports Arks in Duesseldorf, Dresden, Frankfurt, Hamburg, Kreuzlingen (CH), Leipzig, Osnabrueck and Stuttgart.

“Children are our future. To develop self-confidence, they need not only basic care but also recognition and appreciation. The Children´s Foundation Die ARCHE provides all of this by helping children and young people discover their potential, develop their talents, and prepare for an independent life. Our fundraising campaign is a contribution to this vital work,” said Martin Eberle, Chairman of the Board of Hellmann helps e.V.

Ark founder Bernd Siggelkow adds: “According to the Federal Ministry for Family Affairs, 4.6 million children in Germany are currently living in or near poverty. An unimaginable number of individual fates. And because children are not only the future, but above all live now and today, they need our help today too. We are therefore very pleased about the commitment of Hellmann helps and the Hellmann employees, who support our arks not only financially, but also on site in many individual actions.”

The post Hellmann helps donates to the Children’s Foundation Die ARCHE first appeared on Project Cargo.

Ask Safar Managing Director Hendrik Eich, and he will tell you that the Tadano AC 5.220-1 is capable of tackling an extremely broad range of jobs: “Without any counterweight, it’s a remarkably cost-effective 100-tonne crane that can get to its destination without needing any additional transportation vehicles.”

“With 11 tonnes of counterweight, it’s a versatile 130-tonne machine. With the full counterweight, it can even be used as a 250-tonne powerhouse,” he says while explaining just how versatile the crane is. And since Safar’s Cranes department continues to be on a clear growth trajectory and the market keeps demanding increasingly powerful machines, he sees the AC 5.220-1 as the best machine for expanding the range of jobs that his company can cover, as he underscored when picking up the crane from Tadano Head of Sales Frank Brachtendorf.

Hendrik Eich adds another reason why his company decided on the AC 5.220-1: “We’ve had an extraordinarily good business relationship with Tadano for many years now, and are extremely happy with the service they provide – that goes from technical support all the way to operator training and other training offerings provided by Tadano, including BKF 35 training.” On top of this, the Safar team knows how invaluable the long-term quality of Tadano cranes is: “We’ve had an ATF 100G-4 hard at work since 2019, and its total downtime is pretty close to zero, part of which we attribute to the fact that Tadano’s service and spare parts services are incredibly reliable,” Hendrik Eich points out.

Safar ordered the AC 5.220-1 with a heavy-duty short jib and a second winch, which will eliminate the need for a second crane in many cases where loads are being turned. As far as Hendrik Eich is concerned, this solution with a runner and a second winch is one of the crucial advantages offered by the crane. He also adds the unit’s adjustable-extension outriggers with five positions, the large lifting capacities, and a boom length of 68 meters as additional plus factors. And when it comes to aspects related to cost-effectiveness, the fact that the crane can travel below the 12-tonne axle load limit with a hook block, dimensional lumber, and various accessories is something he finds tremendously compelling: “This makes the AC 5.220-1 the only large five-axle crane that can be used right away without the need for additional transportation vehicles,” he succinctly puts it.

The post Safar takes delivery of Tadano all terrain crane first appeared on Project Cargo.

The completion of the partial demerger (the “Demerger”) of Cargotec Corporation (“Cargotec”) has today on 30 June 2024 been registered with the Finnish Trade Register.

Cargotec announced on 1 February 2024 the approval of a demerger plan concerning the Demerger (the “Demerger Plan”) according to which all assets, debts and liabilities of Cargotec relating to the Kalmar business area or mainly serving the Kalmar business area shall be transferred without a liquidation procedure to Kalmar Corporation (“Kalmar”).

In connection with the completion of the Demerger, Nasdaq Helsinki Ltd (“Nasdaq Helsinki”) has approved the listing application concerning the listing of Kalmar’s class B shares on the official list of Nasdaq Helsinki.

Trading in the 54,798,029 class B shares of Kalmar will commence on 1 July 2024 under the share trading code “KALMAR” (ISIN code: FI4000571054).

Trading in Cargotec’s class B shares will continue on the official list of Nasdaq Helsinki with a new ISIN code of FI4000571013. The new ISIN code for Cargotec’s class A shares is FI4000571005.

The new shares in Kalmar to be issued as demerger consideration shall be registered in the book-entry accounts of Cargotec’s shareholders on or about 1 July 2024. Shareholders of Cargotec who receive demerger consideration shares can trade in class B shares of Kalmar starting from 1 July 2024.

As a consequence of the completion of the Demerger, the effective date under the notices of written procedures dated 8 February 2024 concerning the written procedures for Cargotec’s EUR 100,000,000 1.250 per cent senior unsecured notes due 2025 (ISIN: FI4000399688) (the “2025 Notes”) and EUR 150,000,000 1.625 per cent senior unsecured notes due 2026 (ISIN: FI4000399696) (the “2026 Notes”) has occurred today, 30 June 2024.

In accordance with the notices of written procedures, Cargotec shall pay each holder of the 2025 Notes and the 2026 Notes registered on 11 July 2024 as direct registered owner or nominee in the holder register kept by Euroclear Finland Oy a consent fee (the “Consent Fee”) in an amount equal to 0.35 per cent of the principal amount of each 2025 Note and 2026 Note and, in addition to the Consent Fee, an early bird consent fee (“Early Bird Consent Fee”) to each relevant holder of the 2025 Notes and the 2026 Notes in an amount equal to 0.15 per cent of the principal amount of all 2025 Notes and 2026 Notes voted by such noteholder for which a valid voting instruction has been submitted to Nordea Bank Abp prior to 1:00 p.m. (Finnish time) on 16 February 2024. The payment of the Consent Fee and the Early Bird Consent Fee shall be made on 12 July 2024 at the latest.

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Marr Contracting (Marr) has been awarded the contract to provide heavy lifting services on the BlueScope No. 6 Blast Furnace (6BF) Reline Project at the Port Kembla Steelworks (PKSW).

In August 2023, BlueScope announced approval of its plans to reline and upgrade the previously dormant blast furnace in order to secure the Illawarra region’s steelmaking capacity beyond 2026 when the existing No. 5 blast furnace (5BF) completes its current production campaign.

One of only two major steelmaking plants in Australia, PKSW employs approximately 3,500 people and indirectly supports an additional 5,500 jobs in the Illawarra. The AU$1.15 billion project will include the furnace reline, repair and upgrade of ancillary plant equipment and AU$100 million of environmental improvement upgrades that will enable the plant to maintain production while at the same time investing in lower emissions steelmaking technologies as they emerge to ensure the future economic benefits of steelmaking for Australia.

As an alternative to using a 600-tonne crawler crane, the single-crane solution adopted – using one of Marr’s 330-tonne capacity M2480Ds installed on a specifically-design 7.5 x 7.5m piled foundation – provides the heavy lifting capacity required with the additional benefits of a small footprint and long reach across the project.

With minimising disruption to production at PKSW by ensuring that 6BF is available for operation prior to the end of 5BF’s campaign a priority, Marr’s solution also helps to mitigate risk to critical path by providing the project with an instant cranage solution for unscheduled lifting and emergent work during the relining process.

“Occassionally, we come across a project where the perfect solution immediately presents itself like a hand in a glove.This has been one of those projects and by working closely with the BlueScope team early in the planning stages, it has been possible to develop a simple solution that will reduce complexity and help to secure the tight construction program,” said Marr’s Managing Director, Simon Marr.

According to PKSW Project Director, Justin Reed, “The capability and capacity of Marr’s tower crane is a true game-changer for our project. At vertical industrial sites like a Blast Furnace we have always wished there was a ‘sky-hook’ that could deliver a lift at any point on the plant, and now we have a solution with significant lifting capacity. Marr’s team are challenging our traditional thinking by enabling large sections of equipment that were previously maintained in situ to be lifted to ground for repairs or replacement.”

BlueScope anticipates that the 6BF will be recommissioned in mid-2026.

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