NewsStocksHD Hyundai Samho Wins U.S. Crane Order Under MASGA Shipbuilding Initiative

HD Hyundai Samho Wins U.S. Crane Order Under MASGA Shipbuilding Initiative

Author: Korea Herald Business·

Key Takeaways

  • HD Hyundai Samho will supply four cranes to Washington United Terminals at the Port of Tacoma.
  • The order includes replacing two quay cranes and adding two yard cranes to improve terminal capacity and efficiency.
  • The project will be delivered on a turnkey basis, covering design, manufacturing, transportation, installation and commissioning.
  • Delivery of the cranes is scheduled for 2028, and Posco will supply the steel used in their construction.
  • HD Hyundai Samho has supplied 20 cranes to major U.S. ports since 1985.
HD Hyundai Samho Wins U.S. Crane Order Under MASGA Shipbuilding Initiative

HD Hyundai Samho said Sunday it has secured an order to supply four cranes to Washington United Terminals at the Port of Tacoma, in a deal connected to the Korea-U.S. shipbuilding cooperation initiative known as MASGA.

Washington United Terminals, the U.S. subsidiary of HMM, currently operates eight quay cranes at the terminal. Those include four cranes delivered by HD Hyundai Samho in 1999. The latest contract is part of a modernization project aimed at replacing aging equipment and enabling the terminal to handle larger container ships.

Under the agreement, HD Hyundai Samho will replace two aging quay cranes and add two yard cranes. Quay cranes are used to load and unload containers between vessels and the dock, while yard cranes move containers within terminal storage areas, making both categories central to port throughput and vessel turnaround times. The company will carry out the project on a turnkey basis, taking responsibility for design, manufacturing, transportation, installation and commissioning. Delivery is scheduled for 2028.

The cranes will be built using steel supplied by Posco, combining Korean capabilities in shipbuilding, port equipment and steel production.

HD Hyundai Samho attributed the order to its engineering capabilities and its long track record in the U.S. market. The company has supplied 20 cranes to major U.S. ports since 1985.

The company said it expects additional opportunities under MASGA as the U.S. increases efforts to strengthen port infrastructure, supply chains and security. The order also comes as ports continue upgrading equipment to accommodate larger vessels and improve cargo-handling efficiency, areas where crane capacity and reliability directly affect terminal operations.

“The order reflects global recognition of the technology and quality we have built through projects in Korea and overseas,” a company official said.

“We will continue contributing to MASGA by developing environmentally friendly, high-efficiency port equipment.”