Given that it is a less expensive and more effective means of moving goods, cargo transportation is essential to international trade. According to Eurostat, approximately 1.7 billion tonnes of goods were carried around the EU via short marine shipments in 2018, up from 1.65 billion tonnes in 2015. Italian short sea shipping accounted for nearly 15% of all EU short sea shipping volume in 2018, according to the same source. Large-sized vessels are used by several shipping companies to transport the most cargo feasible.
By the end of 2027, the market for Ship-To-Shore Cranes is anticipated to be worth US$4.32 billion.
Major Players in the Ship-to-Shore Cranes Industry:
1. Liebherr-International AG: The headquarters in France. Ile-de-France-based provider of tower crane rental services. Liebherr has offered a wide variety of high-end goods and services for more than 70 years. Its technologies and design are focused on realistic deployment scenarios around the globe. In all product areas, a consistently expanding capacity for innovation and an unwavering dedication to quality ensure the highest possible benefit to the consumer. Liebherr purchases the business operations of Libero.
2. Shanghai Zhenhua: Founded 1885. Headquarters in China. Heavy equipment is manufactured by Shanghai Zhenhua Heavy Industries Co Ltd, which also provides product design and aftermarket services. It builds massive port loading systems and equipment, massive offshore machinery, massive ships, and other massive buildings. The business also sells green technology, such as wind power, sea water desalination, sewage treatment, and recycling equipment.
3. Heavy Industries Co., Ltd.: Founded 1984. Headquarters in South Korea's Gyeonggi. HD Solutions for the maritime, heavy industry, and energy sectors are offered by Hyundai, formerly known as Hyundai Heavy Industries Holdings. These solutions include shipbuilding and offshore engineering as well as firms involved in refineries, petrochemicals, and smart energy management, among others. Nidec completes its purchases of Mitsubishi Heavy Industries Machine Tool Co., Ltd.'s stock, assets, and other items and discloses a list of its new subsidiaries.
4. Konecranes: Established in 1910. Headquarters in Finland's Hyvinkaa. For manufacturing businesses, shipyards, ports, and terminals, Konecranes Oyj offers lifting tools and services. It provides cranes, material handling options, and additional parts designed for moving and arranging materials. Advanced technologies are used in workstation lifting systems, trucks, and various hoists to improve control and equipment capabilities. Sales offices are located throughout the world, and products are marketed under numerous brands. To increase its presence in the North American market, Konecranes buys the industrial, nuclear, and crane service businesses from Whiting Corporation.
5. Kalmar: Founded 2003. Head office in Taiwan. A company that offers fingerprint identification services for integrating biometrics and surveillance systems. The business specialises in the design and development of fingerprint algorithms and imaging tools. It also combines high-performance DSP to offer a range of embedded fingerprint recognition modules and complete solutions, assisting system integrators and clients in launching products onto the market more quickly. This was primarily due to the Group's significant EPC projects, which it acquired in 2019 and 2020, smoothly progressing into the main construction phases, increasing the revenue contribution for the Year.
6. Noell Crane Systems (China) Limited: Founded in 1995. Headquarters in China. Construction and mining machinery is produced and distributed by Noell Crane Systems China Ltd. The business manufactures single box empty container forklifts, double box empty container forklifts, spreader reach stackers, and other industrial goods.
7. Anupam Industries Limited: Founded 1973. Headquarters in India. Material handling equipment is produced by a company that serves the ports, steel, manufacturing, construction, and power industries. The business provides customers with gantry cranes, charging cranes, container handling cranes, tower cranes, and wire rope hoists that are extremely effective, dependable, and affordable. Tanfac Industries Limited (BSE:506854)'s 0.83% share was acquired by Anupam Rasayan India Limited (BSE:543275) for INR 49.5 million.
*Definition: A crane is a type of machine, generally equipped with a hoist rope, wire ropes or chains, and sheaves, that can be used both to lift and lower materials and to move them horizontally.
