New post-panamax crane contract for Zhen Hua Port Machinery
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Maersk Sealand and the Shanghai Zhen Hua Port Machinery (ZHPM) have reached agreement on a big order for three post-panamax container cranes to be installed at Elizabeth Wharf in New York, reports Schednet.com.
The contract is worth an estimated US$16.8 million.
Similar orders are under negotiation with ZHPM which has, to date, acquired a total of $110 million worth of orders from the carrier.
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