TIPS CRANE BUY

The joint-venture TIPS container terminal operated in Laem Chabang by NYK Line and MOL is to buy two post-panamax quayside gantry cranes from ZPMC to operate vessels of up to 6,000 teu capacity.

Throughput guarantees are included in the concession, which states that 12,000 teu must be handled in the first year, 34,600 teu in the fifth and 58,400 teu in the final year of the concession.