MacGregor secures offshore deck equipment order for Malaysia-based international oilfield services provider

CARGOTEC CORPORATION, PRESS RELEASE, 11 JULY 2014 AT 2.30 PM (EEST)

MacGregor, part of Cargotec, has won an order to supply equipment for three 80m ice-class vessels and a 96m shallow water pipe laying barge, all will be constructed for Bumi Armada Berhad, a Malaysia-based international offshore oilfield services provider. The vessels are destined to operate in the Caspian Sea. Equipment delivery is scheduled for mid November 2014.
The order is booked into the second quarter 2014 order intake.

Two of the three 80m ice-class vessels are designed for support services, the third is a multi-purpose duty rescue vessel. All will have a 60-tonne bollard pull and will be equipped with MacGregor electro-hydraulic windlass/mooring winches, capstans, tugger winches and storage reels, along with anchor handling/ towing winches with a 120-tonnes line pull and 200-tonne brake holding capacity. The first two vessels will be constructed at Keppel Nantong Shipyard in China and the third vessel will be constructed at Keppel Singmarine Pte Ltd in Singapore. All three vessels are classified with the Russian Maritime Register of Shipping (RMRS).

The shallow water pipe laying barge will be constructed by Romanian shipyard Santierul Naval Constanta SA and classified with Bureau Veritas (BV). MacGregor will supply ten electric variable frequency drive positioning mooring winches and mooring capstans; equipment delivery is planned for February 2015.

"MacGregor is very well positioned to deliver offshore deck equipment for highly specialised offshore support vessels designed to work in extremely low temperature environments such as Arctic region and Caspian Sea," said Francis Wong, Vice President, Segment Sales,  Offshore. "This leading market position has recently been strengthed by a number of important  acquisitions, which means that we now have a comprehensive portfolio to meet customers' specific operational requirements.

"In addition, MacGregor's extensive global services and supports networks provide confidence and peace of mind for customers running international operations." 

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For more information please contact:
Francis Wong, Vice President, Segment Sales, Offshore, tel. +65 65 973 518
Francis.wong@macgregor.com
or
Heli Malkavaara, Communications, MacGregor, tel. +358 20 777 4500
heli.malkavaara@macgregor.com

MacGregor offers world leading engineering solutions and services for handling marine cargoes and offshore loads. The scope of our integrated packages is growing and now also includes Hatlapa, Porsgrunn, Pusnes and Triplex products.

MacGregor serves the offshore, maritime transportation and naval logistics markets in ports and terminals as well as on board ships and rigs. MacGregor solutions combine load and cargo access, stowage, care and handling functions to optimise lifetime profitability, productivity and environmental sustainability. 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