APM Terminals Signs Agreement for Rubber Tire Gantry Equipment

APM Terminals and Chinese‐based Shanghai Zhenhua Port Machinery (ZPMC) have concluded a Main Purchase Agreement for the future delivery of rubber‐tired gantry cranes for use at APM Terminals’ growing roster of container handling facilities around the world. The signing ceremony was held on April 16th at the ZPMC offices in Shanghai. The MPA establishes a framework for the delivery schedule of RTGs in fulfillment of current and anticipated orders. APM Terminals has concluded similar agreements with Doosan Heavy Industries & Construction Co. Ltd., of South Korea, Noell Crane System GmbH, of Germany, and Kone Cranes, of Finland.