ZPMC signs $500M port equipment contract with PSA

Shanghai Zhenhua Heavy Industries (ZPMC) signed a $500 million contract with PSA for 28 quay cranes and 78 rubber-tyred gantry cranes, and will set up a research branch in Singapore with PSA.

“The contracts were signed last week during the second Belt and Road Forum held in the Chinese capital Beijing.”seatrade-maritime.com

• 1 source
• seatrade-maritime.comZPMC inks $580m in port equipment contracts with PSA and TILKatherine SiApr 29, 2019

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