HD Hyundai Samho Wins Order for Four Port Cranes at Tacoma, Advancing MASGA Cooperation

Supply Contract Signed with HMM's U.S. Subsidiary WUT
Replacement of Outdated Equipment, Terminal Modernization Underway

HD Hyundai Samho will supply four port cranes to the Port of Tacoma in Washington State, officially launching the Korea-U.S. shipbuilding cooperation project, 'MASGA'.

On July 26, HD Hyundai announced that it recently signed a contract with Washington United Terminals (WUT), the U.S. subsidiary of HMM, to supply four port cranes.

HD Hyundai Samho has signed a contract to supply four port cranes to WUT, the U.S. subsidiary of HMM, at the Tacoma Port in Washington State, USA (from left in the photo: Kim Jung-kwan, Minister of Trade, Industry and Energy; Lee Junhyuk, Executive Vice President of Industrial Equipment Division at HD Hyundai Samho; Kim Shin, Executive Vice President of HMM Americas Region; Zachary Thomas, Chief Operating Officer of WUT; Howard Lutnick, U.S. Secretary of Commerce). HD Hyundai Samho

This contract was initiated as part of WUT's terminal modernization project to replace outdated cranes and enhance capacity to accommodate large container vessels.

Currently, WUT operates eight quay cranes at the Port of Tacoma, of which four were supplied by HD Hyundai Samho in 1999.

HD Hyundai Samho will replace two aging quay cranes with new equipment and supply an additional two yard cranes.

Quay cranes are used for loading and unloading containers between ships and the dock, while yard cranes are used within the terminal to move and stack containers.

Both companies anticipate that this collaboration will maximize competitiveness in port cargo handling, increase capacity for large vessels, and enhance operational stability.

HD Hyundai Samho will handle the entire process, including crane design, manufacturing, transportation, installation, and commissioning, through a turnkey approach, with delivery scheduled by 2028. High-quality steel produced by POSCO will be used for crane manufacturing.

HD Hyundai Samho has previously supplied a total of 20 port cranes to major U.S. ports since 1985.

HD Hyundai believes that this recent order will strengthen HD Hyundai Samho's business foundation in the U.S. as the MASGA project gains momentum.

In May last year, Euisun Chung, Chairman of HD Hyundai, met with Jamieson Greer, U.S. Trade Representative, to discuss Korea-U.S. cooperation in the shipbuilding industry and introduced HD Hyundai Samho's capabilities in port crane manufacturing.

An HD Hyundai Samho official said, "Winning the port crane order for the Port of Tacoma is a recognition of the technological and quality competitiveness we have accumulated through successfully carrying out various domestic and international projects. We will continue to support the MASGA project through the development of eco-friendly and highly efficient port equipment."

This content was produced with the assistance of AI translation services.