China’s trade boom and building frenzy of ports help home-grown producers corner the world market of containers and cranes

//China’s trade boom and building frenzy of ports help home-grown producers corner the world market of containers and cranes

China’s trade boom and building frenzy of ports help home-grown producers corner the world market of containers and cranes

The explosive growth of China’s container ports has turned one of the most important vendors in shipping into a best-in-class industry leader, whose cranes can now be found in 300 wharves in 100 countries, with 70 per cent of the global market share.Shanghai Zhenhua Heavy Industries, a unit of China’s state-run construction behemoth China Communications Construction Company, makes quay cranes, gantry cranes, loaders and stackers used for loading and unloading shipping containers. It also…

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By | 2019-04-13T04:30:13+00:00 April 13th, 2019|Business|Comments Off on China’s trade boom and building frenzy of ports help home-grown producers corner the world market of containers and cranes