Europe

Clydeport has taken delivery of a new Hyster H18.00XM-12EC empty container handler to support its growing import and export operation at the Greenock Ocean Terminal, which expects an annual container throughput of…

Demag Cranes has rejected a merger proposal with Konecranes, despite the Finnish company stressing the need to consolidate the global crane construction sector, particularly in Europe.

Singapore-based Portek has closed its European office and shut down Portek Europe SA.

Spain’s state budget for 2011 has allocated 18% less in port funding compared with 2010. A total of €1.15bn ($1.56bn) will be made available, down on the €1.28bn ($1.74bn) invested in 2010.

Spains competition authority has given the green light to JP Morgan to acquire Dragados-SPL from existing owner ACS. The acquisition is being made at a cost of €720m ($977m). The assets will…