Philadelphia’s port operator has concluded the purchase agreement for two super post-Panamax container gantry cranes.
The two cranes will be delivered by Zhenhua Heavy Industries Company Limited (ZPMC) and will cost US$23.5m for both of them.
The cranes will be put to work at Packer Avenue Marine Terminal (PAMT), along with two other new gantry cranes purchased this year.
The first two cranes will arrive in March 2018 and the second two will arrive at PAMT in April 2019.
“The second set of cranes will mirror the two cranes arriving in the first quarter of 2018,” said PhilaPort CEO Jeff Theobald. “These new cranes will be the largest and most modern, capable of unloading containers from the largest container ships in the world.”
Last year, Pennsylvania Governor Tom Wolf’s US$300m Port Development Plan formed a public-private agreement for capital improvements to PAMT.
Under the Plan, the terminal operator, Greenwich Terminals, a Holt subsidiary, agreed to purchase one gantry crane and PhilaPort would buy three gantry cranes.
“Each step in the development of PhilaPort is another important move in strengthening the economic success of the entire commonwealth,” said Governor Tom Wolf. “My administration is proud to partner with our port regions to invest in our infrastructure, bring key jobs to the region, and keep Pennsylvania’s economy competitive on a global scale.”
“We are busier than ever before, and we will certainly be well over 500,000 TEUs,” said Tom Holt, Jr., President of Astro Holdings, Inc. which operates PAMT for PhilaPort. “The new cranes can’t arrive soon enough because they will help us reach our goal of handling 1m teu per year.”