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Press release MacGregor

MacGregor secures new deck machinery contracts in China

10/8/2015

CARGOTEC CORPORATION, PRESS RELEASE, 8 OCTOBER 2015 AT 9.30 AM (EEST)

MacGregor, part of Cargotec, has signed contracts with Chinese shipyard Guangzhou Shunhai Shipyard Ltd to deliver anchor handling/towing winch packages for five 48m anchor handling tug supply (AHTS) vessels, each with a 75-tonne bollard pull and one 40m AHTS vessel with a 70-tonne bollard pull. The vessels are under construction for an undisclosed Middle East owner. The order was booked into third quarter 2015 order intake.
 
MacGregor will supply a medium-pressure 150-tonne capacity anchor handling/towing winch, a tugger winch, capstan and hydraulic power unit for each of the 48m AHTS vessels, and a 100-tonne capacity anchor handling/towing winch, a tugger winch, capstan and hydraulic power unit for the 40m AHTS vessel.

"The yard already has experience of MacGregor's high quality products, excellent project management, aftersales services and support, making it the obvious choice for these projects," says Terry Onn, Shiptype Group Sales Manager, MacGregor Offshore Deck Machinery.

Delivery of the first vessel is planned for December 2015; subsequent deliveries are planned at intervals up to the third quarter of 2016. All will be employed in anchor handling and towing operations in Middle East waters.

For further information please contact:
Terry Onn, Shiptype Group Sales Manager, Offshore Deck Machinery, MacGregor, tel + 65 6597 3517
Email: terry.onn@macgregor.com

or
Heli Malkavaara, Communications Manager, MacGregor, tel. +358 20 777 4500
Email: heli.malkavaara@macgregor.com

MacGregor shapes the offshore and marine industries by offering world-leading engineering solutions and services with a strong portfolio of MacGregor, Hatlapa, Porsgrunn, Pusnes and Triplex brands. Shipbuilders, owners and operators are able to optimise the lifetime profitability, safety, reliability and environmental sustainability of their operations by working in close cooperation with MacGregor.

MacGregor solutions and services for handling marine cargoes, vessel operations, offshore loads, crude/LNG transfer and offshore mooring are all designed to perform with the sea. www.macgregor.com

MacGregor is part of Cargotec. Cargotec's sales totalled approximately EUR 3.4 billion in 2014 and it employs approximately 11,000 people. Cargotec's class B shares are quoted on NASDAQ OMX Helsinki Ltd under symbol CGCBV. www.cargotec.com