HEFA lifting financing standards

Despite the construction sector’s ‘mega boom cycle’, financial institutions are showing a reluctance to lend money in the face of the Royal Commission into the Banking sector. According to Mark Whitla, that’s the type of environment Heavy Equipment Financing Australia thrives on.  Read more

Crane World Asia adds Terex towers

Crane World Asia adds Terex towers

Singapore-based tower crane specialist Crane World Asia has ordered 31 luffing jib tower cranes from Terex. All of them are CTL 260-18 luffing jib models. CWA also ordered three Terex CDK 100-16 luffing jib derrick cranes. In addition, nine CTL 630B-32, and one CTL 650F-45 luffing jib towers will be delivered for work in South Korea later in 2018. Read more

2018 in cranes

2018 in cranes

There is plenty of development activity in the pick and carry crane market: the cover of our last issue showed the prototype of a new 55t DRA crane, this story includes news of the anticipated 40t Terex Franna, and TIDD expects to soon announce an important new safety feature. All these updates are addressing safety in different ways, which is great for the industry. In some ways, 2018 is the calm before the storm, with most European manufacturers saving major announcements for bauma. Greg Keane reports. Read more

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