Shanghai Zhenhua Heavy Industries (ZPMC) has won a USD700 million order from DP World to supply port machineries for the company’s automated container terminal in Dubai.
The order mainly covers quay cranes and rail cranes, which are scheduled to be delivered in phases within three years, a statement of ZPMC said.
The order is the single largest one by contract value that ZPMC has secured so far in 2015, the statement added. It also ranked as the second-largest single port machinery order for ZPMC since its establishment.
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Also, ZPMC said in late June that it had won a USD160 million order from Qingdao Qianwan Intelligent Container Terminal (QQCTI) to build a container handling system in an automated container terminal at the Qianwan port area of Qingdao. QQCTI will operate two berths at the automated container terminal.
The system is expected to be delivered between 2016 and 2017. QQCTI, established in April 2015, is a joint venture between Qingdao Port (Group), DP World, Cosco Group, A. P. Moller-Maersk Group, Pan Asia Investment Group, China Merchants Holdings (International), and China Shipping Group.
This post was sourced from IHS Maritime 360: View the original article here.
