Crane Plus

New 5,000 Tonner | Crane Plus : Sarens is launching its latest heavy lift crane, the 5,000 tonne SGC-250 at its site near Gent, Belgium today SGC-250 has a 250,000 tonne/metre load moment and a maximum capacity of 5,000 tonnes. The crane is on test at the moment, and once completed will head to the UK for its first lifts at the new Hinckley Point nuclear power station. Around 400 invited guests are attending the launch, including a team from Vertikal of course. Around 400 guests attended the launch - there is room for most of them on the crane itself Sarens new heavy lifter, the 5,000 tonne SGC-250 dominates the skyline in Gent We will provide more detail and coverage on the new crane next week and in the next issue of Cranes & Access magazine, which includes a heavy Lift feature.  The cranes 3,200 tonne hook block The SGC-250 is an upgrade rather than a new concept and sits on a large dual ring/track, with locally filled container counterweight modules which are used to ship...

Double Rise At Manitowoc | Crane Plus : Third quarter sales at Manitowoc were US$450 million, up 13 percent on the $399 million for the same quarter in 2017. The company attributed the increase to improved crane shipments across all regions, with the USA and Asia Pacific markets generating the majority of the increase. Order backlog was $700.2 million at the end of September 2018, up 50 % from the third-quarter of 2017. Operating income was $16.9 million, ($21.5 million on an adjusted basis), against $9.8 million ($13.5 million on an adjusted basis) in the prior year. Adjusted EBITDA was $30.5 million compared to $22.7 million a year earlier. It was a $7.8 million, or 34 %, improvement. “The Manitowoc team continues to deliver excellent results with our sixth consecutive quarter of year-over-year adjusted EBITDA percentage improvement,” commented Barry Pennypacker, Manitowoc president and chief executive Officer. “Our operational progress using the principles of The Manitowoc Way con...