Cargotec has been chosen as the preferred partner to supply 40 Kalmar automatic stacking cranes with related technology and 28 Kalmar shuttle carriers to DP World's deep sea container port London Gateway.

Cargotec and DP World have signed a cooperation agreement and aim to finalize the contract shortly. The parties have agreed not to disclose the value of the intended contract. However, the typical value of a project this size is around EUR 100 to EUR 150 million depending on the scope of the delivery.

Mr Harald de Graaf EVP at EMEA said that "We are proud to be chosen as the partner in the heart of this landmark project and we are committed to London Gateway's success. With this cooperation, we are strengthening our position as a leader in the field of port automation."

(Sourced from www.eximin.net)