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Trade press release

MacGREGOR signs offshore orders exceeding EUR 50 million

12/11/2007

Container ship cover contracts from South Korea include lashing bridge orders

Orders for 31 shipsets of lift-away weatherdeck hatch covers for container carriers being built in South Korea were placed with MacGREGOR in November, aggregating a grand total of over 1,600 panelsFive series of container carriers ranging from 2,000 TEU to 13,300 TEU on order at South Korean yards Samsung Heavy Industries, Sungdong, Hyundai Mipo Dockyard and Daewoo Shipbuilding & Marine Engineering (DSME) will feature MacGREGOR hatch covers. The 31 ships have been ordered by five owners: China Shipping Container lines (CSCL), Danaos Shipping Co. Ltd, NSB/CMA -CGM, NRS, and Hartmann Schiffahrts GmbH & Co.KG (see table).

The weatherdeck hatch covers are all either reduced weathertight or non-weathertight, and can be opened and closed non-sequentially. MacGREGOR equipment deliveries will take place between 2008 and 2010.

Danaos five 6,500 TEU container carriers on order at Sungdong will feature MacGREGOR first combined contracts encompassing lift-away hatch covers, lashing bridges and fixed fittings. Each lashing bridge is 40m long (the ship beam) and there will be 16 per ship.

MacGREGOR orders for container carriers in South Korea placed in November
ShipbuilderSamsungDSMESungdong DSMEHyundai Mipo
OwnerCSCLNSB/Danaos NRSHartmann
CMA-CGM
Capacity13,300 TEU11,000 TEU 6,500 TEU4,600 TEU2,000 TEU
No of ships84568
Hull NosH1819-26H4125-8S4001-5H4140-3&H4042-9
H4164/5
No of panels/
ship 827750 41 25
Total weight/
ship 3251 tons2,705 tons1,870 tons* 1,305 tons684 tons Weather-
tightness nonreducedreducedreducedreduced
Width of hatch
opening 46.14m40.85m35.60m28.07m 23.22m
Total day
opening area/
ship 12,165m²10,037m²7,217m²4,699m²2,444m²
* includes lashing bridges

Total order value is close to u201a40million.

[ends]


For further information:
Ilkka Lyytikinen, Sales Manager, Container Ships, MacGREGOR (FIN) Oy
Tel: +358 2 4121 225
E-mail: Ilkka.lyytikainen@macgregor-group.com

or

MacGREGOR Group press office:
Mr Steve Labdon, MacGREGOR Group Media Representative
Tel: +44 (0)20 8364 1441 Fax: +44 (0)20 8364 1331
E-mail: steve.labdon@j-l-a.com