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Konecranes received an order from the United States for 34 giant container cranes - This is what they look like. The deliveries will be made to the port by the end of 2028. Today 12:51 * Angelika Provalskaja A U.S. company has signed an agreement with crane company Konecranes, according to a recent Konecranes press release. APM Terminals Elizabeth ordered 34 electric rubber-tired gantry cranes (E-RTG) from Konecranes. The delivery of the cranes is part of a broader modernization program for the Port of New York and New Jersey in the United States. The agreement includes an option for six additional cranes. The cranes will be delivered to the United States by the end of 2028. Konecranes' rubber-tired gantry cranes are typically about 25 meters high and weigh about 150 tons, according to the company's communications. The cranes are about 30 meters wide and about 12 meters deep. The new E-RTG cranes support more efficient, electrified terminal operations at one of North America's busiest container terminals, according to the press release. In addition, the cranes increase the capacity and reliability of the container yard. The cranes are powered by battery units installed on them. The cooperation between APM Terminals Elizabeth and Konecranes has continued for over 20 years. "The new cranes improve safety, support the development of our staff's skills, and strengthen our ability to serve our customers also in the future," says Henrik Kristensen, Managing Director of APM Terminals Elizabeth, in the press release. This is a free sample of T&T's content. Subscribe to Tekniikka&Talous to get unlimited read access to all content and the archive. At the same time, you support independent Finnish technology journalism. Subscribe here.

Army Corps greenlights major new container terminal on Mississippi River. On Aug 18, 2026 The U.S. Army Corps of Engineers has granted the federal permit needed to build the Louisiana International Terminal, clearing a major regulatory hurdle for the planned deepwater container terminal on the Lower Mississippi River. The approval authorizes construction of the greenfield terminal in St. Bernard Parish, a project designed to accommodate the largest container ships calling at U.S. ports while expanding the Port of New Orleans' access to international container trade. The Louisiana International Terminal, or LIT, is being developed through a public-private partnership between the Port of New Orleans, Terminal Investment Limited (TiL), the terminal investment arm of Mediterranean Shipping Company (MSC), and Ports America. "This is a defining moment not just for Louisiana, but for the entire country," Louisiana Gov. Jeff Landry said. "The Louisiana International Terminal will stimulate economic growth and cement Louisiana's role as the nation's gateway to global trade." The terminal's location downriver from New Orleans is central to the project's strategy. Today's largest containerships cannot reach Port NOLA's existing container facilities because of the air-draft restriction imposed by the Crescent City Connection bridges. LIT will be located below those bridges, allowing ships exceeding 16,000 TEUs to reach the terminal without the same restrictions. The project will also take advantage of the 50-foot Lower Mississippi River Ship Channel and connections to major railroads and the interstate highway network, giving cargo moving through the terminal access to markets across more than 30 states. "Today's permit turns years of engineering, environmental review, and partnership into forward motion," said Port NOLA President and CEO Beth Branch. "This is not simply a regional port expansion - it is nationally significant infrastructure that will expand American export capacity and position Louisiana to lead the next generation of maritime commerce. We are ready to build." The project was first announced in 2022 as a $1.8 billion container terminal capable of handling 2 million TEUs annually at full buildout. Ports America and TiL committed $800 million toward the development, with additional investment expected from Port NOLA and state and federal sources. Port NOLA purchased more than 1,200 acres in Violet, Louisiana, in 2020 for the project, with roughly 400 acres designated for the terminal, related infrastructure and buffer areas. The federal permit represents a significant step forward for a project that has spent years working through engineering and environmental review. "This is one of the most strategically significant terminal investments in our global portfolio," said Ammar Kanaan, CEO of TiL. "The Mississippi River corridor gives the United States a chance to build deepwater capacity that rivals any port in the world." Port NOLA says its existing cargo activity supports more than $101 billion in economic value nationwide and more than 342,000 U.S. jobs, including more than 122,000 in Louisiana. At full buildout, LIT is projected to add thousands of jobs and generate billions of dollars in tax revenue. With the Army Corps permit now secured, Port NOLA and its private-sector partners will move the project into its next phase as they prepare for construction. The project is one of two major greenfield container terminal developments planned for the lower Mississippi River. APM Terminals has separately committed an initial $500 million toward a new terminal with Plaquemines Port, closer to the mouth of the river. Editorial Standards · Corrections · About gCaptain Subscribe for Daily Maritime Insights Sign up for newsletter and never miss an update - trusted by our 104,380 members Shipping route analysis

Maersk raises 2026 outlook again as earnings surge. Asia demand buoys results. · Thursday, August 13, 2026 A.P. Moller-Maersk raised its full-year earnings outlook after second-quarter revenue climbed 20% year over year and EBITDA reached $3.0 billion, as robust Far East export demand, higher spot rates and congestion across key trade lanes lifted results. Revenue rose to $15.8 billion in the second quarter from $13.1 billion a year earlier. EBIT increased to $1.6 billion from $845 million, producing a 10% EBIT margin. Ocean was the principal earnings driver, adding $2 billion in revenue during the quarter. The Copenhagen-based company (OTC: AMKBY) said disruption to traffic through the Strait of Hormuz prompted cargo destined for the Gulf region to move through alternative ports and inland routes. Maersk redeployed affected vessel capacity to other expanding trades. Import demand was particularly strong in Africa, North America and Latin America, while exports from the Far East - especially China - remained a principal source of volume growth. Spot freight rates rose substantially, according to Maersk, reflecting demand, increasingly unbalanced trade flows, tight capacity and port congestion in Europe, the Middle East, the east coast of South America and West Africa. The company said these supply-chain bottlenecks are straining landside infrastructure from ports to inland transportation networks. Ocean Leads Improvement Maersk's ocean segment increased revenue by 23% year over year. Loaded volumes rose 4.1%, led by Asian exports, while average loaded freight rates increased 22%. Vessel utilization remained high at 96%. Ocean EBIT reached $935 million, compared with $229 million in the prior-year quarter and a $192 million loss in the first quarter of 2026. Unit cost at fixed energy declined 0.8%, as greater volumes offset higher operating expenses. Logistics & Services revenue grew 15% year over year and 11% sequentially, with an EBIT margin of 5.1%, up 0.5 percentage points from the first quarter. The segment generated EBIT of $217 million, compared with $175 million a year earlier. Maersk cited Gulf-region landbridge services, strong air and project logistics forwarding volumes, and favorable contract mix in its Solutions segment. Terminals revenue increased 11%, supported by a 7.1% improvement in revenue per move and 2.2% volume growth. Terminal EBIT was $458 million, essentially unchanged from $461 million in the second quarter of 2025. Guidance raised again Maersk now expects full-year global container-market volume growth of about 4% and raised its 2026 financial guidance: The company attributed the revision to its second-quarter performance and improved visibility for the rest of the year. Maersk also highlighted continued infrastructure investment, including the opening of APM Terminals' $350 million fully electrified container terminal at Suape, Brazil, and an agreement with Hateco Group and Da Nang City to develop and operate Vietnam's Lien Chieu Container Terminal. Maersk said the Vietnam project represents investment of more than $1.7 billion. Read more articles by Stuart Chirls here. Read more: Upcoming FreightWaves Events Compliance Brokerage Compliance Symposium The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry. October 26, 2026 The Signal at Chattanooga Choo Choo - Chattanooga, TN F3 Awards Dinner The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room. October 26, 2026 The Signal at Chattanooga Choo Choo - Chattanooga, TN FreightTech F3: Future of Freight Festival Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals. October 27, 2026 - October 28, 2026 The Signal at Chattanooga Choo Choo - Chattanooga, TN