Cables News

 

Cavotec Signs $8.99 Million Shore Power Order

May 12, 2025

Cavotec has signed an order valued at USD$8.99 million (EUR 8.1 million) with a leading global container shipping company to deliver complete shore power systems for newly built container vessels. The order includes cable management reels and weatherproof enclosures, with deliveries scheduled to begin in the second half of 2026.Cavotec’s systems will provide reliable cable management solutions, enabling vessels to connect to shore power while at berth…

Grant Agreement Reached for $157m Blyth Subsea Cable Facility

Jun 15, 2022

JDR Cable Systems (JDR) reached final agreement under the UK government’s Offshore Wind Manufacturing Scheme (OWMIS) on financial support for its new subsea cable manufacturing facility in Cambois, near Blyth, Northumberland.The agreement means JDR is on track to begin construction in summer 2022…

Cavotec to Deliver Cable Reel Systems for Port of Tokyo Gantry Cranes

Jul 26, 2021

Engineering firm Cavotec has won an order for the delivery of motorized cable reel systems for integration onto advanced rail-mounted gantry cranes at the Port of TokyoCavotec will supply motorized cable reel systems for eight automated rail-mounted gantry cranes at the Wan Hai Tokyo Oi5 terminal…

Logistics News

LNG Shipping’s Long-Term Outlook Remains Positive

LNG Shipping’s Long-Term Outlook Remains Positive

Soybeans, Wheat, Corn Futures Drop As Broad Commodities Slump

Soybeans, Wheat, Corn Futures Drop As Broad Commodities Slump

Mecad USA Selects Oklahoma’s Port of Catoosa for US Headquarters

Mecad USA Selects Oklahoma’s Port of Catoosa for US Headquarters

GTT Receives LNG Carriers Tank Design Order From HD KSOE

GTT Receives LNG Carriers Tank Design Order From HD KSOE

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UK investor signs $400 Million Power Deals on Foreign Minister's Ethiopia Visit
S&P 500 closes higher; chipmakers, small caps and other stocks jump
Analysts say that the decline in copper from its record high is due to a weakening demand and rising stocks.