Cargotec establishes global competence centre in Singapore

News Story
- 9 Jun 2011 ( #517 ) - Singapore
1 min read
Cargotec is establishing a global competence centre for container terminals development in Singapore to boost its ability to provide total solutions for its Asia Pacific customers.

"Customer perspective is at the core of Cargotec's strategy," says Mikael Mäkinen, company CEO.

Mäkinen explains that an extensive geographic presence and tight collaboration with local customers, partners and stakeholders are needed to better understand customer needs. "Singapore is one of the world's largest ports and it offers a unique view to customer trends, requirements and future needs for research, development and engineering purposes."

Cargotec has been present in Singapore for over 30 years. It currently employs about 450 people in the South East Asian nation, representing its Hiab, Kalmar, MacGregor and Bromma brands.

The company has identified the Asia Pacific region as one of its growth areas that accounted for 40% of total sales in 2010. Cargotec's Asian production sites are in China, India, Korea, Malaysia and Singapore.

In 2010, Cargotec's sales totaled EUR2.6 billion (USD3.8 billion) and it employs about 10,500 people.
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Reliable charging and energy stability are more critical than ever as warehouses and ports move toward decarbonisation. Volvo Penta’s Battery Energy Storage System (BESS) subsystems can be a part of turnkey BESS solutions to deliver compact, transportable, and high-density energy, contributing towards accelerating electrification and meeting growing energy needs at ports.

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