CARGOTEC CORPORATION

Cargotec reports profit margin growth

Cargotec’s annual financial results highlight notable developments in the company’s performance over the previous year.

The review shows that the comparable operating profit margin improved during the year. Orders received grew by 3%, reaching a total of US$1.565 billion, compared to US$1.52 billion in the previous year. However, the order book declined, amounting to US$672 million at the end of the period, down from US$828 million as of 31 December 2023. Furthermore, sales experienced an 8%...

https://container-news.com/cargotec-reports-profit-margin-growth/

Cargotec reports strong financial results

Cargotec’s financial results for 2023 indicate a remarkable year marked by significant increases in both sales and profitability.

In the fourth quarter, orders received showed improvement compared to the third quarter, reaching a total of US$1.6 million. The annual sales witnessed a 12% increase, reaching US$4.9 million while the comparable operating profit surged by an impressive 62% to US$553 million.

Notably, the company achieved a record-high operative cash flow, totalling US$586 million in...

https://container-news.com/cargotec-reports-strong-financial-results/

Messina Line Expands Use of Navis’ Master Terminal with Go Live at IML – Milano Segrate Inland Terminal

Messina Line Expands Use of Navis’ Master Terminal with Go Live at IML – Milano Segrate Inland Terminal

Oakland, CA — October 05, 2021 — Navis, the provider of operational technologies and services that unlock greater performance and efficiency for leading organizations throughout the global shipping industry, announced that it has gone live with Master Terminal by Navis at Inter Modal Logistic (IML) Milano Segrate Terminal (Ignazio Messina & C SpA), a long-time Master Terminal customer. Milano...

https://allaboutshipping.co.uk/2021/10/05/messina-line-expands-use-of-navis-master-terminal-with-go-live-at-iml-milano-segrate-inland-terminal/

Navis Announces Enhancements of its Automated Horizontal Transport Solution

Navis Announces Enhancements of its Automated Horizontal Transport Solution

Solution is live on N4 3.8 and will increase efficiency for customers investing in automation at their terminals

Oakland, CA — June 3, 2021 — Navis, a part of Cargotec Corporation, and the provider of operational technologies and services that unlock greater performance and efficiency for the world’s leading organizations across the shipping supply chain, announced enhancements to the Automated Horizontal Transport (AHT)...

https://allaboutshipping.co.uk/2021/06/03/navis-announces-enhancements-of-its-automated-horizontal-transport-solution/

Octopi by Navis Announces Strong Momentum going into Q2

Octopi by Navis Announces Strong Momentum going into Q2

Octopi by Navis Announces Expanded Customer Base Including Adding Several Intermodal and Marine Terminals to its Roster

Octopi continues to gain momentum in the small to mid-sized marine and intermodal terminal market due to increased demand for cloud-based solutions

Oakland, CA — April 28, 2021— Octopi, part of Navis and Cargotec Corporation, the provider of operational technologies and services that unlock greater performance and efficiency...

https://allaboutshipping.co.uk/2021/04/28/octopi-by-navis-announces-strong-momentum-going-into-q2/

Savage Selects Octopi by Navis for Idaho’s First Intermodal Terminal

Savage Selects Octopi by Navis for Idaho’s First Intermodal Terminal

Terminal will be an agricultural gateway to major global markets once complete mid-2021

Oakland, CA — April 14, 2021— Octopi, part of Navis and Cargotec Corporation, the provider of operational technologies and services that unlock greater performance and efficiency for leading organizations throughout the global shipping industry, announced today that Savage has selected Octopi by Navis’ cloud-based terminal operating system...

https://allaboutshipping.co.uk/2021/04/14/savage-selects-octopi-by-navis-for-idahos-first-intermodal-terminal/

Coastal Cargo Company signs a Subscription Agreement with Octopi by Navis for its New Orleans, LA Facility

Coastal Cargo Company Signs a Subscription Agreement with Octopi by Navis for its New Orleans, LA Facility

Coastal Cargo will implement Octopi to enhance customer experience and overall operations with cloud-based TOS

Oakland, CA — March 11, 2021— Octopi, part of Navis and Cargotec Corporation, the provider of operational technologies and services that unlock greater performance and efficiency for leading organizations throughout the global shipping industry, announced today that Coastal Cargo...

https://allaboutshipping.co.uk/2021/03/11/coastal-cargo-company-signs-a-subscription-agreement-with-octopi-by-navis-for-its-new-orleans-la-facility/

Tropical Shipping Signs Agreement with Octopi by Navis for its St. Croix Terminal

Tropical Shipping Signs Agreement with Octopi by Navis for its St. Croix Terminal

St. Croix will be the second Tropical Shipping location to sign with Octopi this year

 Oakland, CA — August 18,  2020 — Octopi, part of  Navis and Cargotec Corporation, the provider of operational technologies and services that unlock greater performance and efficiency for leading organizations throughout the global shipping industry, announced today that Tropical Shipping has signed a subscription agreement for...

https://www.allaboutshipping.co.uk/2020/08/18/tropical-shipping-signs-agreement-with-octopi-by-navis-for-its-st-croix-terminal/

Navis Examines State of Terminals Worldwide Amidst COVID-19…

Navis Examines State of Terminals Worldwide Amidst COVID-19: Customer Survey Identifies Remote Operations as Critical for Continued Operations Around the Globe 

Oakland, CA — May 8, 2020 — As COVID-19 remains prevalent around the world, terminals have had to adapt their business strategies to meet the challenges brought on by the pandemic, according to industry research done by  Navis, a part of Cargotec Corporation, the provider of operational technologies and services that unlock greater...

https://www.allaboutshipping.co.uk/2020/05/15/navis-examines-state-of-terminals-worldwide-amidst-covid-19/

MacGregor designs innovative cargo system for the world’s largest containership, MSC Gülsün

MSC Gülsün

MacGregor designs innovative cargo system for the world’s largest containership, MSC Gülsün

CARGOTEC CORPORATION,  5 SEPTEMBER 2019 AT 9.00 AM EEST – MacGregor, part of Cargotec, has designed the cargo system for the world’s largest containership, MSC Gülsün, which was delivered in July 2019 by South Korea’s Samsung Heavy Industries. She is 400 m long, 61.5 m wide and is the first in a series of 11 ultra-large containerships with a capacity of more than 23,000 TEU. Six of the vessels...

http://www.allaboutshipping.co.uk/2019/09/05/macgregor-designs-innovative-cargo-system-for-the-worlds-largest-containership-msc-gulsun/

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