Chinese firm signs deal to build three cranes for Dammam project

  • 7/5/2022
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RIYADH: China’s Shanghai Zhenhua Heavy Industries has signed a deal with Saudi Global Ports to build three quay cranes at King Abdulaziz Port in Dammam, according to a MEED report. These cranes will have a minimum outreach of 25 rows. SGP is also exploring the possibility of equipping the cranes with remote operations and photovoltaic panels. According to the report, the agreement is in line with SGP’s commercial concession worth SR7 billion ($1.8 billion) with the Saudi Ports Authority, also known as Mawani. Signed in April 2020, SGP’s commercial concession with Mawani is a 30-year agreement aimed at developing and modernizing facilities to turn the Dammam port into a container terminal hub by increasing its capacity to 7.5 million twenty-foot equivalent units.

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