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MacGregor Trade press release

Cargotec boosts offshore business in Brazil

9/13/2010

CARGOTEC CORPORATION, TRADE PRESS RELEASE 13 SEPTEMBER 2010

 

Two new offshore support vessels owned by Navegação São Miguel and destined for long-term charter to Brazilian operator Petrobrás, will feature a suite of MacGregor offshore equipment

 

As part of Cargotec's plans to further broaden its presence in Brazil, the company has recently won contracts that will see it supply a set of MacGregor offshore load handling and rescue handling equipment for two offshore support vessels under construction for Brazilian shipping company, Navegação São Miguel Ltda.

 

The vessels have been ordered for an eight-year charter agreement with Petrobrás, which plans to operate them in the Campos Basin in Macaé, Rio de Janeiro.

 

For each vessel Cargotec will supply two types of rescue handling systems for handling small through to heavy fast rescue craft and a telescoping marine deck crane. All equipment is planned for delivery by the beginning of 2012 and is fully-certified in accordance with international regulations.

 

"Cargotec intends to further expand its offshore business in Brazil by offering its customers integrated MacGregor offshore load handling systems and service solutions through a local team of competent new sales and service personnel at our expanded branch in Rio de Janeiro and Sao Paolo," says Henrik Vildenfeldt, senior vice president for Cargotec's Offshore Load Handling. "By offering comprehensive equipment systems and service solutions that are adapted to market demands, Cargotec will leverage a position in this region as a distinct provider of value to its offshore customers."

 

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For further information please contact,
Henrik Vildenfeldt, Senior Vice President, Offshore Load handling, tel. +45 44 54 47 47 
Email: Henrik.vildenfeldt@cargotec.com

 

 or

 

Heli Malkavaara, Communications Manager, tel. +358 2 4121 252
Email: heli.malkavaara@cargotec.com

 

Notes to editors

Cargotec improves the efficiency of cargo flows on land and at sea - wherever cargo is on the move. Cargotec's daughter brands, Hiab, Kalmar and MacGregor are recognised leaders in cargo and load handling solutions around the world. Cargotec's global network is positioned close to customers and offers extensive services that ensure the continuous, reliable and sustainable performance of equipment. Cargotec's sales totalled EUR 2.6 billion in 2009 and it employs approximately 9,500 people. Cargotec's class B shares are quoted on the NASDAQ OMX Helsinki. www.cargotec.com

MacGregor is the global market-leading brand in marine cargo handling and offshore load-handling solutions. Customer-driven MacGregor engineering and service solutions for the maritime transportation industry and the offshore load-handling and naval logistics markets are used onboard merchant ships, offshore support vessels, and in ports and terminals. www.macgregor-group.com