It is reported that Shanghai Zhenhua Port Machinery Co Ltd, a world's No 1 heavy terminal machinery manufacturer, received USD 2.03 billion worth of orders during the first half of 2008 up by 32% YoY over USD 1.54 billion in the same period of 2007.
As per report, Zhenhua Port Machinery Co Ltd has obtained orders for 27 dual 40 feet container cranes which are self developed products of the company with high added value and higher technical content.
Zhenhua Port Machinery Co Ltd, which is integrating Shanghai Port Machinery Plant another crane giant in the country, has hold USD 7 billion orders in hand. After the integration, it will occupy the entire domestic market and 78% of the international market.
It is expected to achieve its 2009 production goal of USD 5 billion, USD 3 billion from port machinery products and USD 2 billion from offshore heavy industrial products.
