Konecranes VLC Corp has won an order worth more than US$8 million from Lithuania for two ship-to-shore container cranes and related equipment. The Panamax-sized cranes, to be delivered to the port of Klaipeda late this year, will be able to handle up to 1,500-teu (20 ft equivalent units) vessels. 'We believe that the harbour offers a good business potential for both modernisations and sales of spare parts and new equipment,' said Tapio Hakakari, who runs Konecranes' eastern and central European operations. 'Earlier we handled our business in Lithuania from our company in Latvia, but now we have decided to establish a subsidiary company in the country.' An official at the port, which is run by the state-owned company Klasco, said the harbour capacity would rise to 150,000 teu a year with the new cranes, which would be equipped with inverters and fully AC-controlled. Konecranes VLC is part of the KCI Konecranes Group and specialises in port, terminal and shipyard cranes.