Northport inks deal to acquire new quay cranes

Quick Summary:

PETALING JAYA: Northport (Malaysia) Bhd, a member of MMC Group, has signed an agreement to acquire four units of super post panamax container handling ship-to-shore gantry crane (quay cranes) from Shanghai Zhenhua Heavy Industries Co Ltd (ZPMC).

The company operates six production bases in Jiangsu Province, covering a total area of 6.7 million square meters with over 10 kilometres of coastline.

ZPMC is a heavy equipment manufacturer headquartered in Shanghai, China.

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Category: EconomyBusiness

Markets: MalaysiaChinaJapanPanama

Topics: /Business/Business News Corporate News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-16 @ 15:33:00 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 357 words

Reading Time: 2 minutes read

Sentences: 13 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 24427778

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Official Website: thestar.com.my

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