ZPMC wins US$376M crane order

The S-ASC includes a new hoist system, with the hoist drive optimised by increasing the rotating speed and reducing the output torque of the hoist motor.

Five STS cranes and two RTGs were delivered to Kribi Deepwater Port, Cameroon, for its Phase II expansion, set for completion in 2024.

US ports welcomed a crucial tariff exemption, saving them over US$ 130 million in unexpected costs on Chinese-made cranes.

Under new rules from the US Trade Representative, ship-to-shore cranes ordered before May 14, 2024, and arriving by May 14, 2026, will avoid a 25% tariff on imports from China.

House Committee reports says ZPMC could serve as “a Trojan horse capable of helping the CCP and the PRC military exploit and manipulate US maritime equipment and technology.”

ZPMC has won a major contract with AD Ports Group for terminal projects in Africa.