Hudong-Zhonghua getting back on track after crane disaster

Shanghai: Shanghai's Hudong-Zhonghua Shipbuilding has placed an order for a goliath crane with a lifting capacity of 600 tons with Guangzhou Shipyard International, a subsidiary of China State Shipbuilding Corp. (CSSC) Group. The crane is to replace the one that collapsed in May. CSSC, the parent of most southern Chinese yards, is looking at the possibility of transferring construction of some ships from Hudong-Zhonghua to Jiangnan Changxing Shipbuilding Base to avoid delays arising from thecrane collapse.
Hudong-Zhonghua could be back to full operations by the end of the year, insiders suggest. [3/7/08]