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Press release MacGregor Cargotec

MacGregor secures new subsea crane contract for advanced heavy construction vessel from South Korea

2/25/2014

CARGOTEC CORPORATION, PRESS RELEASE 25 FEBRUARY 2014 AT 1.00 PM (EET)

MacGregor, part of Cargotec, has won an order for two subsea cranes from South Korean shipyard Hyundai Heavy Industries Co Ltd. The active heave-compensated cranes will have an SWL of 100-tonnes and 25-tonnes respectively. They will be fitted on board a new 160m heavy construction vessel (hull 2654) being built at the yard for global offshore specialist, Subsea 7.

The MacGregor subsea cranes will support the vessel's year-round global deployment in complex deep and ultra deepwater offshore construction operations where highest levels of load-handling precision and reliability is required.  Delivery of the ship is scheduled for July 2015.

This order follows a recently announced contract for six AHC subsea cranes for three flexlay pipe-laying offshore vessels also destined for the UK-headquartered company, Subsea 7. All the vessels will benefit from the advanced offshore operational capabilities that MacGregor subsea cranes deliver. 

 

Caption: MacGregor subsea cranes offer highest level of load-handling precision and reliability

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For further information please contact,
Tom Harald Svennevig, Vice President, MacGregor, Advanced Load Handling, Offshore, tel.+47 909 42 330
or
Heli Malkavaara, Communications Director, MacGregor, tel. +358 2 4121 252 heli.malkavaara@macgregor.com

MacGregor is the world's leading brand of engineering solutions and services for handling marine cargoes and offshore loads. MacGregor products serve the maritime transportation, offshore and naval logistics markets, in ports and terminals as well as on board ships. Our cargo flow solutions integrate cargo access, stowage, care and handling functions to suit a particular ship's cargo profile. This benefits its productivity, environmental impact and profitable service lifetime. www.macgregor.com     

MacGregor is part of Cargotec. Cargotec's sales totalled approximately EUR 3.2 billion in 2013 and it employs approximately 11,000 people. Cargotec's class B shares are quoted on NASDAQ OMX Helsinki under symbol CGCBV. www.cargotec.com  

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