Companies
Port operator to invest 300 million in electric cranes
The Meridian Daily ·
Wednesday, 7 October 2026 ·
Page 6
Meridian Port Holdings will replace its diesel cranes with electric ones over the next five years, in a 300-million investment that it says will cut the port's emissions by half.
The company also plans to supply shore power to ships at berth, so they can switch off their engines while loading and unloading.
Shares in the company rose slightly after the announcement. Analysts said the plan was ambitious but well financed.
The chamber of commerce said the news was a sign of confidence in the regional economy, which has grown faster than the national average for three years.
The company also plans to supply shore power to ships at berth, so they can switch off their engines while loading and unloading.
Shares in the company rose slightly after the announcement. Analysts said the plan was ambitious but well financed.
The chamber of commerce said the news was a sign of confidence in the regional economy, which has grown faster than the national average for three years.
