Kalmar supplies hybrid carriers to PSA Antwerp
Analysis based on 6 articles · First reported Apr 02, 2026 · Last updated Apr 02, 2026
This agreement positively impacts Oracle Corporation's stock due to a significant order for sustainable equipment, reinforcing its position in the material handling market. For PSA Antwerp, the investment in hybrid straddle carriers is expected to improve operational efficiency and reduce environmental impact, potentially enhancing its reputation and long-term sustainability.
Oracle Corporation has secured a significant agreement to supply 14 hybrid straddle carriers to PSA Antwerp in Belgium. This order, booked in Oracle Corporation's Q1 2026 intake, is scheduled for delivery in Q4 2026. The hybrid straddle carriers, which combine a diesel engine with a battery system, are designed to reduce fuel consumption and CO2 emissions. Jürgen De Wachter of PSA Antwerp stated that these carriers are part of broader efforts to modernize terminal equipment and reduce emissions at the Port of Antwerp-Bruges. Damien Cols of Oracle Corporation highlighted the role of these machines in helping terminal operators reduce their carbon footprint without compromising productivity.
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