Terminal Investment Limited (TiL) Group subsidiary Operaciones Portuarias Canarias S.A. (OPCSA) has signed a five-year service deal with Konecranes Port Services effective from November 2025. The full-scope agreement, which was booked in Q3 2025, includes preventive and corrective maintenance as well as 24/7 on-call support for the terminal's growing fleet of both Konecranes and non-Konecranes equipment.

The Port of Las Palmas is the Canary Islands' largest and busiest marine gateway. OPCSA runs the main container terminal with six hybrid Konecranes RTGs. Eight more are scheduled for delivery in Q2 2026. By switching from another service provider to Konecranes, OPCSA will benefit from dedicated expertise to maximize crane performance and uptime.

"We are very satisfied with the performance of our hybrid Konecranes RTGs, so extending the partnership to maintenance was a natural next step. This gives us the confidence that the people who know cranes best will keep them operating at peak condition as our terminal grows," says Carlos Rodríguez Mendoza, Technical Director, OPCSA.

The five-year agreement aims to deliver higher maintenance standards and timely availability of technicians. Day-to-day service will be delivered by a Konecranes Port Services team based in Las Palmas, backed by the unit's regional headquarters in Valencia. A growing team there provides support for customers in eight Mediterranean countries.

"We've worked hard to build a solid reputation for service with ports across the region. This new agreement reflects OPCSA's confidence in that track record. Our experienced team in the Canary Islands will work side by side with the customer to keep every crane performing at its best," says Catarina Lopez, Port Services Spain Manager, Konecranes.

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 click here. For more Information on Konecranes Port Services, please click here.

Further information:
Cindy Shi, Marketing Manager, Port Services, Konecranes
Email: cindy.shi@konecranes.com or phone +358 40 487 2983

Further information for investors and analysts:
Linda Häkkilä, Vice President, Investor Relations, Konecranes
Email: linda.hakkila@konecranes.com or phone: +358 20 427 2050

Konecranes Media Desk
media@konecranes.com

This release can be found on 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 16,500 professionals in over 50 countries, Konecranes is trusted every day to lift, handle and move what the world needs. In 2024, Group sales totaled EUR 4.2 billion. Konecranes shares are listed on Nasdaq Helsinki (symbol: KCR).