Zhenhua Heavy Industries’ Fleet Expansion


Zhenhua Heavy Industries expanding fleet, mentions a Seatrade Maritime news source.

Plans to invest RMB1.9bn ($268m)

Shanghai Zhenhua Heavy Industries (ZPMC) plans to invest RMB1.9bn ($268m) in acquiring five special-purpose engineering vessels to support increasing market demands.

The fleet expansion plan consists of three new vessels including one deck carrier, one floating crane vessel and one semi-submersible vessel, plus two second-hand deck carriers, which are due for delivery during 2024-2027.

Special-purpose vessel is indispensable to Zhenhua’s main business, which takes responsibility for large-size equipment relocation, small vessel transportation and lifting operations.

In the trend of upsizing, high-efficiency, light-weight, and low-carbon operations, port operators are attaching more importance to terminal transformation and there are more opportunities coming from port upgrading, said Zhenhua.


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Source: Seatrade Maritime


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