Latest news from Heavy Lift & Project Forwarding International Magazine

Crawler crane market set for growth

Shipments of crawler cranes are expected to grow at a compound annual growth rate of over 4 percent according to a new research report by Global Market Insights (GMI).

With increasing utilisation of crawler cranes anticipated in the energy sector, the report said that many manufacturers are developing energy sector-specific machines that are capable of handling heavy lift operations at nuclear and renewable energy sites.

Additionally, the crawler crane market is witnessing growth opportunities due to increasing infrastructure projects across the globe, said GMI.

The report added that high maintenance costs and initial investments are the major factors hindering the development of the crawler crane market.

According to the report, cranes are available on lease from the manufacturers at a lower price than the newer machines, meaning that customers are preferring to rent the machines instead of procuring new equipment. GMI said that this is expected to have a negative effect on the market.

You can find the full report at here.

www.gminsights.com

Heavy Lift | News

Enerpac introduces SL gantry range thumbnail image

Enerpac introduces SL gantry range

December 18 - Enerpac has introduced the latest additions to its range of lifting equipment - the SL100 and SL200 Super Lift hydraulic gantries - offering higher lifting capacities on a narrow 610 mm track gauge.
Views: 170
TWC crawler cranes get a boost thumbnail image

TWC crawler cranes get a boost

December 12 - Global lifting equipment manufacturer Terex will supply Singapore-based Tiong Woon Corporation (TWC) with a boom booster kit for the heavy lift and haulage service provider’s three Demag CC 8800-1 crawler cranes.
Views: 806
Montecon orders third LHM 800 thumbnail image

Montecon orders third LHM 800

December 12 - Liebherr Maritime Cranes will deliver an LHM 800 mobile harbour crane to Montecon, a Uruguay-based terminal operator.
Views: 858

Heavy Lift Across The World

Discover heavy lift and project logistics industry news from around the world by region.