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NEWS : Full Story

Newsletter #044 (View other news stories)

MITSUBISHI SEALS ROMANIA DEAL

HIROSHIMA, Japan
Thursday, 14 Feb 2002

Mitsubishi Heavy Industries (MHI) has won a USD334 million port equipment order from the Romanian port of Constantza.

The equipment was facilitated through Japan's first-ever, large-scale loan to an eastern European country. It will also be the first time MHI has exported cranes to Europe, according to a Lloyd's List report. Delivery is scheduled for mid-2003.

The three ship-to-shore gantries, eight rubber-tyred gantries and two rail-mounted gantries will be manufactured in MHI's Hiroshima factory and shipped to Romania. The order came after MHI won a tender last August.

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