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Trade press release

Cargotec wins major contract for MacGregor offshore

1/20/2010


Cargotec has signed a contract to deliver a range of advanced MacGregor offshore and subsea load handling systems to a deepsea research vessel which will be built at Mitsubishi Heavy Industries Shimonoseki shipyard in Japan. The order was booked in the fourth quarter 2009 order intake.


"This contract serves as recognition of Cargotec's capacity and technological expertise in the offshore load-handling segment," says Øystein Bondevik, sales director for offshore load handling at Cargotec. The contract covers some of the major MacGregor products for ultra deepwater operations and deck handling machinery and will be manufactured at Cargotec's production hub in Kristiansand, Norway. The contractual agreement includes an extensive engineering package and customisation of solutions for special operations and the distinctive design of the vessel.


Systems ordered include a large knuckle-jib crane; an advanced moonpool-based module handling system, deck-skid system and several deepsea AHC winches with a capacity down to 10,000m. All winches in this series are fitted with a proven MacGregor electric drive system introduced three years ago. "The winch performance, compact design, power efficiency and low noise level of this system makes it a superior solution to any alternative," Mr Bondevik says.


"This order further strengthens our presence in Asia, and by working together with our global team enables us to serve our customers in the best possible way".



Further information for the press:

Øystein Bondevik, Sales Director, Offshore Load Handling, tel: +47 95 72 34 13

E-mail:


Henrik Vildenfeldt, Senior Vice President, Offshore Load Handling, tel. +45 44 54 47 47

E-mail:


Minna Karhu, Vice President, Corporate Communications, tel. +358 (0)204 55 4630


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 more than 9,500 people. Cargotec's class B shares are quoted on the NASDAQ OMX Helsinki.

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.