This equipment is part of the US$300m Phase IV development of the Port of Balboa, which is part of a larger-scale modernisation project. The delivery takes the total number of quay cranes at the Port capable of servicing 19-container-wide post-Panamax vessels to 18 – more than most ports in Latin America. PPC, a member of the Hutchison Port Holdings (HPH) Group, operates the Ports of Balboa and Cristobal, located at each end of the Panama Canal.
Commenting on the arrival of the cranes, Alejandro Kouruklis, general manager of PPC, said, “These four new quay cranes will significantly enhance the capacity and efficiency of the Port of Balboa by providing additional craneage to current post-Panamax and larger vessels. They will facilitate the growth of trade in the region and help transform Balboa into a mega-port.”