HD Hyundai Samho Wins Order for Four Port Cranes at Port of Tacoma

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2▲1 ▼0Impact / 5
Summary · why it matters

HD Hyundai Samho has signed a contract with Washington United Terminals, the U.S. subsidiary of HMM, to supply four port cranes to the Port of Tacoma in Washington. The deal covers two quay cranes and two yard cranes on a turnkey basis, with delivery scheduled by 2028. The order is part of a terminal modernization project to replace aging equipment and expand capacity for larger container vessels. HD Hyundai Samho previously supplied four of the terminal's eight existing quay cranes in 1999 and has delivered a total of twenty port cranes to U.S. ports since 1985. The company says the contract advances the Korea-U.S. shipbuilding cooperation initiative known as the MASGA project.

Impact on assets 2

Industrials▲
HMM Co Ltd
011200
▲ PositiveDemandrelevance

HMM's subsidiary Washington United Terminals is the buyer, indicating HMM's terminal operations benefit from new cranes.

Energy Transition & Power Demand▲

Off-coverage companies 2

HD Hyundai Samho Co., Ltd.i
Private▲ PositiveDemandrelevance

HD Hyundai Samho won the contract to supply four port cranes, directly generating revenue.

Washington United Terminalsi
Private▲ PositiveDemandrelevance

Washington United Terminals is the buyer, acquiring new cranes for terminal modernization.