# HJ Heavy Industries wins $1.4B crane contract for Busan New Port

HJ Heavy Industries signed a 187 billion won ($1.4 billion) contract with Busan Port Authority to manufacture and install transfer cranes at Busan New Port's West Container 2-6 stage. The contract runs from June 26, 2024 to June 26, 2027.

- Type: Contract
- Announced: 2024-06-26
- Where: Busan New Port, Jinhae-gu, Changwon, Gyeongsangnam-do, South Korea
- Value: $140.0M (187.0B KRW)
- Status: announced
- Products: transfer cranes
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [HJ Heavy Industries](https://endata.com/companies/72415.md)
- [Busan Port Authority](https://endata.com/companies/45997.md) (customer)

## Sources

- [businesspost.co.kr](https://www.businesspost.co.kr/BP?command=article_view&num=356848), 2024-06-26: "HJ중공업이 부산항만공사와 부산 신항 서컨 2-6단계 트랜스퍼크레인 제작설치 공사 계약을 맺었다고 26일 공시했다."
- [asiae.co.kr](https://www.asiae.co.kr/en/article/2024070210474448532), 2024-07-02: "HJ Heavy Industries Construction Division announced on the 2nd that it has won the contract for the 'Busan New Port West Container Terminal Phase 2-6 Transfer Crane Manufacturing and Installation Project' commissioned by the Busan Port Authority."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.