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Trade press release

MacGREGOR strengthens service ties with Grimaldi Group

6/7/2007

MacGREGOR secures orders for further heavy-lift tonnage

MacGREGOR heavy-lift cranes and folding and lift-away hatch covers have been specified for a further four multi-purpose carriers for Chipolbrok, which are being built at the COSCO Dalian shipyard in ChinaMacGREGOR part of the Cargotec Corporation has been awarded a contract for the delivery of heavy-lift cranes and the design and key components for folding weatherdeck hatch covers and lift-away covers for tweendeck for four multi-purpose carries being built at Chinese COSCO Dalian shipyard.

The vessels have been ordered by Chinese-Polish Joint Stock Shipping Chipolbrok and are similar to ones delivered to the owner during 2003-2005. These previous 30,000 dwt deliveries Wladyslaw Orkan, Chipolbrok Sun, Chipolbrok Moon and Leopold Staff “are equipped with two MacGREGOR GLH 320-tonne cranes and two GL 50-tonne cranes. Lifts of 640 tonnes at 16m outreach can be made by teaming the two heavy-lift cranes. The cranes are also equipped with auxiliary hoist winches to maximise container handling rates.

These previous deliveries have now been successfully operating for a couple of years and convinced Chipolbrok to continue to invest in the growing cargo-handling market, said Mr Kenneth Mellin, Sales Manager, Crane division. MacGREGOR has paid careful attention to these crane installations through its worldwide service network, and has been able to provide service when needed.

The new cranes will be manufactured at MacGREGOR partner plant Nanjing L¼zhou Machine Works in China. Delivery is schedule to start in October 2008 and continue at four-month intervals until the last delivery at the end of 2009. The total order value for cranes exceeds u201a14 million and for hatch covers is around u201a2 million.

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For further information, please contact:
Kenneth Mellin, Sales Manager, Crane Division, MacGREGOR (SWE) AB
Tel: +46 660 29 41 76 Fax: +46 660 29 42 87
E-mail: kenneth.mellin@macgregor-group.com

or

Tomi Sundell, Director, General Cargo Ships, MacGREGOR (FIN) Oy
Tel: +358 2 4121 370 Fax: +358 4121 380
E-mail: tomi.sundell@macgregor-group.com

or

MacGREGOR Group press office:
Mr Steve Labdon, MacGREGOR Group Media Representative
Tel: +44 (0)20 8370 1740 Fax: +44 (0)20 8364 1331
E-mail: steve.labdon@j-l-a.com