Intermodal Terminal Company (ITC) has ordered seven Konecranes Rail Mounted Gantry (RMG) cranes for its new Somerton terminal in north Melbourne, Australia, to support its ambitious national growth plans. The delivery also includes seven Konecranes Remote Operating Stations (ROSs). Delivery will take place between April and September 2025. The order was booked in December 2023.

Wholly owned and backed by Aware Super, one of Australia's leading superannuation funds managing $170 billion on behalf of its 1.1 million members, the ITC aims to assemble a national portfolio of terminals with its first being the $400 million development of Somerton Intermodal Terminal (SIT).

ITC has positioned itself as Australia's only privately funded, major independent owner and operator of intermodal terminals and aims to capitalize on Australia's shift towards rail freight from trucking for the benefit of the community, environment, and supply chain.

The new terminal will be split between an Inner Terminal equipped with four RMGs, and an Outer Terminal equipped with three RMGs. The Konecranes ROSs will be divided between the terminals in the same way.

"We chose Konecranes as we wanted RMGs from a well-established company that would support us for the longer term. Konecranes has proven to be a leader in developing technology for safe remote operation," said ITC Chief Development Officer Leigh Cook.

"ITC chose Konecranes as the company wanted a reliable partner to provide and service equipment at its new Melbourne intermodal terminal. This is the beginning of a strong partnership, with Konecranes now well-positioned to support ITC's future plans for national expansion in intermodal terminals," says Konecranes Regional Sales and Service Director Oceania Dr. Klaus Woeste.

Konecranes and ITC are now also discussing a service agreement for the new Melbourne intermodal terminal.

A strong focus on customers and commitment to business growth and continuous improvement make Konecranes a material handling industry leader. This is underpinned by investments in digitalization and technology, plus our work to make material flows more efficient with solutions that decarbonize the economy and advance circularity and safety.

For a concise overview of Konecranes' business, please read more here. More information about Konecranes' RMG cranes can be seen here. For more on Port Solutions' portfolio, please click here.

Further information:
Svend Videbaek, Marketing Specialist, Port Solutions, Konecranes
Email: svend.videbaek@konecranes.com or phone: +358 40 729 3953

Konecranes Media Desk
media@konecranes.com

Further information for investors and analysts:
Kiira Fröberg, Vice President, Investor Relations, Konecranes
Email: kiira.froberg@konecranes.com or phone: +358 20 427 2050

This press release is available on our website konecranes.com

Konecranes is a global leader in material handling solutions, serving a broad range of customers across multiple industries. We consistently set the industry benchmark, from everyday improvements to the breakthroughs at moments that matter most, because we know we can always find a safer, more productive and sustainable way. That's why, with around 16,600 professionals in over 50 countries, Konecranes is trusted every day to lift, handle and move what the world needs. In 2023, Group sales totalled EUR 4.0 billion. Konecranes shares are listed on Nasdaq Helsinki (symbol: KCR).

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