China’s Shanghai Zhenhua Port Machinery Company (ZPMC) has announced plans to build its fourth domestic production complex.
Recent contract awards to the world’s biggest producer of dockside cranes have come from California and Hong Kong, leading to the need for increased production.
ZPMC has signed a $143m contract to supply 20 large dockside cranes to the Port of Long Beach in California, USA. It is the largest single order that ZPMC has ever received.
Under the contract, 12 of the container cranes are to be delivered between April 2002 and December 2002. They will be installed on Pier T, a new container terminal that is being built on the site of a former naval dockyard.
The remaining eight will be held on option and delivered as the port needs them. The cranes, with a 65t capacity and a lift height of 37m, are one of the heaviest types of cranes produced by the Shanghai company.
The company has also signed a $50m contract to supply container cranes to Hong Kong’s Hutchison Port Holdings from December 2001 to April 2002, and an $8m contract to supply Ports of Auckland with two 60t container cranes.
ZPMC is estimated to have about 30% of the world market for container cranes.