Shanghai Zhenhua Heavy Industries Company Limited (ZPMC)
上海振华重工(集团)股份有限公司
TypeSubsidiary; State-owned enterprise
SSE: 600320
IndustryCrane manufacturing
Founded1992
Headquarters
Shanghai
,
China
Area served
Global
Key people
ParentChina Communications Construction Company
Websitewww.zpmc.com
Heavy lift vessel Zhen Hua 20 transports five ship-to-shore gantry cranes manufactured by ZPMC
A ZPMC rail mounted gantry crane was used in the construction of the British aircraft carrier HMS Queen Elizabeth

Shanghai Zhenhua Heavy Industries Company Limited (ZPMC, Chinese: 上海振华重工(集团)股份有限公司) is a Chinese state-owned multinational engineering company and the world's largest manufacturers of cranes and large steel structures. In 2015 the company accounted for about 75% of the world-market share for container cranes.[1]

History

The company was founded in 1992. It is a wholly-owned subsidiary of China Communications Construction Company.[2] ZPMC is listed on the Shanghai Stock Exchange. It specializes in designing, manufacturing, erecting, commissioning, shipping in fully erected state, after-sales servicing and developing new port machinery products. Its main products include container cranes (QCs) (supplied eight for London Gateway),[3][4] rubber-tyred gantry cranes (RTGs), bulk-material ship loaders and unloaders, bucket-wheel stackers and reclaimers, portal cranes, floating cranes engineering vessels and large steel bridge structures. Its cranes are found in 120 large ports around the globe.[1]

In 2009, the company rebranded itself as Shanghai Zhenhua Heavy Industries Co., Ltd.[5]

In 2021, the Port of Piraeus received three ZPMC container cranes, doubling the lifting capabilities of the former container crane and equipped with a remote control system.[6]

In 2021, agents of the Federal Bureau of Investigation (FBI) believed to have discovered intelligence-gathering equipment on a cargo ship delivering ZPMC cranes to the Port of Baltimore.[7] China saw the report as paranoid.[8] Since the 2023 Chinese balloon incident, the ZPMC has come under suspicion by U.S. officials and lawmakers over their cranes suspected spying capabilities and ZPMC's participation in military-civil fusion.[8][9]

San Francisco–Oakland Bay Bridge

The company is the fabricator of the new Bay Bridge located in the San Francisco Bay Area in the USA. Although the company had no previous experience in bridge construction, California officials selected it based on the advantages of "huge steel fabrication facilities, its large low-cost work force and its solid finance."[10] The project employed 3,000 workers who built a main bridge tower and completed 28 bridge decks.[10]

References

  1. 1 2 "Shanghai Zhenhua Port Machinery (ZPMC) startet in Hamburg durch". www.nordic-market.de (in German). Retrieved 2023-03-10.
  2. ↑ "ZPMC Stake Transfer Circular" (PDF).
  3. ↑ "Giant cranes arrive at new London Gateway port". Daily Telegraph. 3 March 2013. Archived from the original on 4 March 2013. Retrieved 3 March 2013.
  4. ↑ "Record-breaking cranes lead the way to London Gateway". London Gateway. 1 February 2013. Retrieved 3 March 2013.
  5. ↑ "ZPMC's name has been changed to Shanghai Zhenhua Heavy Industries Co., LTD. And communion meeting of on-line investors' development Brief News ZPMC.com | Crane | barge crane,STS crane, offshore platform, yard cranes, Container Crane, bulk cargo machine, floating crane, RTG crane, yard crane, ship loader, ship unloader". Archived from the original on October 9, 2010. Retrieved January 20, 2010.
  6. ↑ "ZPMC delivers 'smart core' quay cranes to Piraeus Container Terminal". Port Technology International. 2021-08-16. Retrieved 2023-03-10.
  7. ↑ "Pentagon Sees Giant Cargo Cranes as Possible Chinese Spying Tools". The Wall Street Journal. 5 March 2023. Retrieved 2023-03-06.
  8. 1 2 "'Trojan horse': Why US officials have raised alarm over giant Chinese cargo cranes". The Times of India. 2023-03-06. ISSN 0971-8257. Retrieved 2023-03-10.
  9. ↑ Lubold, Gordon; Viswanatha, Aruna (2023-04-03). "Congress Seeks Details on Spying Risks From Chinese Cargo Cranes". The Wall Street Journal. ISSN 0099-9660. Retrieved 2023-04-04.
  10. 1 2 Barboza, David (25 June 2011). "Bridge Comes to San Francisco, With Made-in-China Label". The New York Times.
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