Konecranes Oyj: APM Terminals Elizabeth orders 34 Konecranes Electric Rubber-Tired Gantry cranes

APM Terminals Elizabeth has signed an agreement with Konecranes for boosting terminal operations with electric Rubber-Tired Gantry (E-RTG) cranes as part of a broader modernization program at the Port of New York and New Jersey. The agreement covers 34 E-RTGs with an option for six additional cranes. The order was booked in Q2/2026 and the deliveries will be completed by the end of 2028.

The investment will support APM Terminals Elizabeth as it prepares for future growth at one of North Americas busiest container terminals. The new E-RTG fleet is intended to strengthen yard capacity, improve operational reliability and support a more efficient, electrified terminal operations. The RTGs are fully powered by onboard battery packs.

"As we continue investing in the development of our terminal, we are focused on solutions that support efficient container flows, reliable day-to-day operations, and the flexibility to meet future demand," said Henrik Kristensen, Managing Director of APM Terminals Elizabeth. "These cranes will support a safer operating environment, provide opportunities for skill development, and help ensure we have the capabilities needed to serve customers for years to come."

"Today's signing reflects the future of this important gateway and our commitment to supporting APM Terminals Elizabeth as it modernizes its operations. Our partnership spans more than 20 years, and we are proud that some of the first cranes we delivered here continue to serve the terminal today. We appreciate the trust APM Terminals has placed in us and look forward to delivering the next chapter of our partnership safely and reliably", says Mikko Lepistö, Senior Vice President, Konecranes.

The E-RTGs will be deployed across the terminal yard to support container handling operations with proven electrified crane technology. The investment forms part of APM Terminals Elizabeth's broader modernization program and will help prepare the terminal for future operational requirements.

This order is a showcase of Ecolifting, Konecranes' comprehensive step-by-step roadmap to zero tailpipe emissions that supports the decarbonization of port operations. Our solutions range from renewable diesel-powered drives, to hybrid and fully-electrified fleets, and emerging options like hydrogen, all designed to meet the needs of each customer today and for the future.

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 support the decarbonization of the economy and advance circularity and safety.

For a concise overview of Konecranes' business, please click here. For more information on Konecranes' Rubber-Tired Gantry cranes can be found here.

Further information:

Matthew McConnochie, Marketing Manager, Port Solutions, Konecranes
Email: matthew.mcconnochie@konecranes.com or +44 7860 779844

Konecranes Media Desk
media@konecranes.com

Further information for investors and analysts:
Ruusa Vallin, Interim Head of Investor Relations, Konecranes 
Email: ruusa.vallin@konecranes.com or phone: +358 20 427 2050 

This release can be found on Konecranes.com. For more information on APM Terminals please visit their web site at apmterminals.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 16,500 professionals in over 50 countries, Konecranes is trusted every day to lift, handle and move what the world needs. In 2025 Group sales totalled EUR 4.2 billion. Konecranes shares are listed on Nasdaq Helsinki (symbol: KCR).