The Port of Salalah has taken delivery of the first four cranes in a series of 10 super-post panamax STS cranes being manufactured by ZPMC. The remaining cranes will arrive at Oman’s largest container port in Q2 2024 with all units fully commissioned in the third quarter of the year.
As part of an Executive Order aimed at strengthening maritime cyber-security, the Biden Administration plans to invest over US$20B over the next five years in port infrastructure including funds for recreating the domestic port crane industry
The Biden administration has announced four key actions designed to strengthen maritime cybersecurity and support domestic crane production. These will make it harder for ZPMC to build and deliver cranes to the US market, pushing up crane prices in the process.