Shifting sands in the yard crane market

The US and Japan are moving much closer together as the US looks to move quickly to remove China as a supplier of infrastructure and other systems it deems as critical infrastructure and/or a cyber security risk.

“Alternative drives and automation were key topics in the maritime cranes product segment” Liebherr said in its review of 2023.

Japanese OEM records a 48.8% increase in orders received by its Logistics Systems business as large RTG orders roll in.

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.

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.

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