Profit spike at Kobelco Cranes

Kobe Steel, parent of Kobelco Cranes, has published its third quarter results, showing a sharp rise in profits within the crane business.

Total crane sales for the nine months to the end December were ¥51.7 billion ($440.6 million), an increase of 29.8 percent on the same period last year. Operating profit for the nine months leapt 75 percent to ¥4.5 billion ($38.3 million) with the rising trend continuing during the third and into the fourth quarter.

The company said: “The strong sales are due to higher shipments of crawler cranes in Japan due to continued strong demand from higher public investments and other factors. In overseas markets, sales increased in Asia, where demand continued to be strong, and in other regions.”

Kobelco Cranes expects the trend to continue and confirmed its full year forecasts of revenues of ¥71.6 billion ($610 million) – almost 27 percent higher than the previous year, while operating profits will be in the region of ¥5 billion ($42.6 million), 75 percent up on 2013/14.

Stevenson Crane adds 9 Terex RTs to fleet

Stevenson Crane Service has nine new Terex rough terrain cranes available for nationwide rental as of Tuesday, Jan. 27. The new additions include three 30-ton Terex RT 230s, two 55-ton RT 555s, two 70-ton RT 670s and two 80-ton RT 780s.

The new equipment will provide enhanced performance and allow for increased availability to better serve contractors and users in need of the most advanced lifting equipment.

Link-Belt RTC-8050 for Expertise

Saudi Arabia based rental company Expertise Industrial Services has purchased a 50 tonne Link-Belt RTC-8050 Series II Rough Terrain crane for work at the Sadara Chemical company’s massive new chemical complex – the Jubail Industrial City.

The crane was purchased from local Link-Belt distributor Bakheet Company for Machinery, Expertise said that one of the main reasons for selecting the Link-Belt, was the support it receives from Bakheet.

Sadara Chemical is a joint venture between Saudi Aramco and Dow Chemical.

Grove cranes powering LGN construction

Australian crane company Universal Cranes is using two 120t Grove RT9130E-2 rough terrain cranes to build an on-shore LGN (liquefied natural gas) facility in Darwin, northern Australia.

The cranes, which are regularly operating with their full boom length of 48m, arrived at the construction site at the start of 2014 after being transported 3,500km across the country. They will continue installing an underground network of piping and equipment for at least the next two years, working for Leighton Contractors.

The development, which is now more than 50% complete, is called the Ichthys project and combines an off-shore facility and an 889km-long gas pipeline, as well as the on-shore LNG plant. The project is being managed by a joint venture between the main contractors GC Corporation, KBR and Chiyoda Corporation, and is estimated to cost more than A$10bn (US$8.8bn).

The cranes feature Grove’s Full Vision cab, designed to offer cool and dry working conditions in a site location where humidity regularly reaches 83% and monthly rainfall exceeds 420mm.

Nick Morris, engineering and sales manager at Universal Cranes, said: “Our Grove units are known for their ease-of-use, but their rugged design and durability are also key. This job site is a mix of heat, sand and sea – the cranes must endure the lot. And we are happy to report that they are performing admirably.”

Crane Rental bolsters fleet with five new cranes

Crane Rental Corporation, based in Orlando, Florida, has further expanded its fleet with the purchase of five cranes.

The company added a 275t Manitowoc 999 crawler crane; a 230t Link-Best LS-298 crawler; two 130t Grove RT9130E hydraulic rough-terrain cranes; and an 80t Grove RT880E hydraulic rough-terrain crane.

The move was made in response to “increasing demand in almost every sector of our industry”, said company president Alan Ashlock.

Crane Rental had already expanded its fleet this year, purchasing cranes including a Peiner SK415 tower; a 660t Manitowoc 18000 crawler; a 600t Terex AC 500-2 all-terrain hydraulic truck crane; and a 275t Grove GMK 5275 all-terrain hydraulic truck crane.

New Grove fleet helps Peru copper mine expand

A new fleet of Grove rough-terrain cranes is helping one of Peru’s largest copper mines to triple its production output.

The Gove RT9130Es, RT880Es and RT765E-2s were assembled at Manitowoc’s factory in Passo Fundo, Brazil and supplied to Graña y Montero Holdings’ (GyM) copper and molybdenum mi ning complex in southern Peru.

The units are assisting the company with the US$4.6bn mine expansion project, which will enable GyM to expand output from 120,000t to 360,000 per day, providing additional annual production of 272,000t of copper and 7,700t of molybdenum by 2016.

GyM said it chose Grove rough-terrain cranes because their standard features were ideal for mining site use.

Gerardo Castillo, Manitowoc’s regional business manager for Peru and Argentina, said: “As long as commodities prices continue to be competitive and global demand remains stable, conditions will stay favourable in our region, which will only help grow crane sales.”