Cargotec announces today that its MacGregor business has completed the acquisition of privately owned Hatlapa, a leading provider of merchant ship and offshore deck equipment. Cargotec announced the intention to acquire Hatlapa in July 2013 in a transaction valued at approximately €160 million. The acquisition further strengthens MacGregor's line of premium winch products as well as expands the offering to include steering gear, compressors and deck handling equipment. Hatlapa will be integrated into MacGregor's existing operating structure and its results will be consolidated into MacGregor's financial figures as of November 1, 2013. Hatlapa's sales contribution to MacGregor from closing for the remainder of the year is expected to be approximately €20 million. Operating profit contribution for the year is expected to be small, as operational profitability will be offset by expected integration costs. Completion of this acquisition follows receipt of required approvals from the relevant countries and authorities. cargotec.com
MacGregor has secured a winch package contract from Nam Cheong Limited group, a global offshore marine player listed on the Main Board of the Singapore Exchange Securities Trading Limited and Malaysia's largest offshore support vessel builder. Eight-point MacGregor mooring systems, with a 150-metric-ton line pull/270-metric-ton brake holding capacity, tugger winches and capstans have been specified for two new 500-men accommodation work barges being built at the yard
Recent acquisitions by MacGREGOR – part of the Cargotec Corporation – include several companies working in the offshore support sector (Grampian Hydraulics, Hydramarine and Plimsoll), and the company has just added another to the portfolio: Vestnorsk Hydraulikkservice AS MacGREGOR’s expansion into the offshore support sector continues with its latest acquisition, Vestnorsk Hydraulikkservice AS (VNH). The company is a service and turn-key system supplier to the offshore and marine industries
MacGregor, part of Cargotec, has secured deck equipment contract for a series of eight 58,500 dwt bulk carriers under construction at New Times Shipbuilding in China. The vessels are being built for Lemissoler Navigation (Front Marine), based in Cyprus, with the delivery of the first two vessels scheduled to start around August 2015. The contract will see MacGregor deliver complete equipment packages comprising electric pole-changing winches, steering gear, air compressors
MacGregor, part of Cargotec, has secured a contract from German shipyard Flensburger Schiffbau Gesellschaft (FSG) for the complete delivery of remotely operated vehicle (ROV) access doors and hatches for two well-intervention vessels (WIVs). The WIVs are destined for service with the Norwegian offshore operator, Siem Offshore. The order was booked into the second quarter 2014 order intake. "MacGregor has a strong position in the market to provide a broad spectrum of
John Carnall (52) has been appointed Senior Vice President for the Global Lifecycle Support Division in MacGregor, part of Cargotec. "John Carnall will focus on developing our services and building a world-class service organisation to drive profitable growth. He is an ideal choice for this important position due to his long experience and proven track-record in developing successful and growing service business in several different global environments
MacGregor, part of Cargotec, has won an order for two 50-metric-ton SWL versions of its heavy-duty grab cranes. The K5036-4HD MacGregor cranes are destined for a 68m floating crane barge, which is being built by Batam-based PT. Karya Tekhnik Utama (KTU), in Indonesia. “Indonesia has one of the world’s fastest growing bulk export industries, and this order further increases our presence in this significant market,” said Anders Berencsy
MacGregor, part of Cargotec, has received a major order from Kleven in Norway for six comprehensive deck handling equipment packages. They will be installed on six new-generation Anchor Handling Tug Supply (AHTS) vessels for Maersk Supply Service. MacGregor's delivery of Triplex and Hatlapa products is planned to start in the last quarter of 2015 and run until the second quarter of 2017. The contract also includes options to equip an additional four vessels
MacGregor, part of Cargotec, has secured a new contract from the Meyer Turku Shipyard for a complete turnkey delivery of RoRo cargo access and handling equipment for an environmentally friendly RoPax ferry under construction for Estonian ship operator Tallink. The 49,000gt, 212m long liquefied natural gas (LNG) dual fuel powered ferry complies with the latest strict regulations for emission control areas (ECAs) including the Baltic Sea
Finnish cargo-handling machinery maker Cargotec announces savings measures in its subsidiary MacGregor to respond to the weakening market situation due to the low oil price and low number of new merchant ship orders. Cargotec is laying off some 220 employees globally at its MacGregor business. The countries where the impact of the planned measures is estimated to be biggest are Sweden, Singapore and Norway.
United Arab Shipping Company's first ultra-large container vessel has entered service equipped with a MacGregor high-efficiency cargo handling system, which is designed to maximise payload potential and operational efficiency and reduce environmental impact by minimising emissions per TEU
MacGregor, part of Cargotec, has signed a major contract with Daewoo Shipbuilding & Marine Engineering Co Ltd in South Korea to supply a range of Hatlapa deck machinery for ten 172,600m3 liquefied natural gas (LNG) carriers. MacGregor will deliver electrically-driven deck machinery
MacGregor, part of Cargotec, has won contracts for its new lattice boom cranes (LBC) from Merkers Offshore, successfully negotiated and procured through Marine Commerce in Singapore. Four 20015-6045 LBC cranes will be installed on two offshore maintenance liftboats - equipped with 80m
MacGregor informs it has secured an order to supply MacGregor equipment packages for two 38,000 dwt bulk carriers in China. The order was booked into second quarter order intake and includes following equipment/ship: design and key components for hatch covers, deck cranes
MacGregor, part of Cargotec, has supplied Royal Caribbean International's first Quantum Class cruise ship with a crane and observation gondola called the North Star. It will lift guests 91m above sea level to give them panoramic views of the ship, sea and ports of call.
Royal Caribbean International's first Quantum Class cruise ship, Quantum of the Seas, will feature a crane and observation gondola to lift guests 91 meters above sea level, giving them panoramic views of the ship, sea and ports of call.
MacGregor, part of Cargotec, has won a contract from Chinese shipbuilder Wuhu Xinlian to supply two complete deck equipment packages for a pair of 78m anchor handling, supply and oil recovery vessels. The MacGregor equipment will be installed on the 12,000 bhp
MacGregor reorganized into seven operative divisions in the beginning of 2015 to improve customer focus. Offshore Mooring and Loading Division drives the development of Systems and Equipment for Offshore Floating Units. MacGregor appoints Høye G
An order for cranes to be used on Nautilus Minerals Inc.’s production support vessel has been awarded to MacGregor, headquarter in Kristiansand, Norway. The contract marks the third major long lead time equipment package to be awarded by the shipyard
MacGregor, part of Cargotec, has secured contracts to supply Pusnes bow loading systems for three newbuild shuttle tankers intended for operations in Brazilian waters. The order was booked into first quarter 2015 order intake.
MacGregor, part of Cargotec, has secured a contract with the Brazilian shipowner and shipbuilder Grupo CBO. The contract is to supply Triplex deck handling equipment and cranes for four customised Havyard 843 anchor handling tug supply vessels (AHTS)
Following an order announced in October 2013, MacGregor, part of Cargotec delivered and commissioned 45 variable frequency drive (VFD) winches and a full control system for the recently completed heavy-lift crane barge Hyundai HLV-10000, one of the largest heavy lift vessels in the world.
Michel van Roozendaal (M.Sc. Aerospace Engineering; MBA INSEAD, Fontainebleau; b. 1963) has been appointed President of the MacGregor business area. He will be a member of Cargotec's Executive Board and report to President and CEO Mika Vehviläinen.
Unique Group, an integrated turnkey subsea and offshore solution provider, has now delivered two new dive systems and a diving vessel worth around £5 million to global services provider, Vertech. The Hydracraft 1500 Daughter Craft vessel, named the Vaila
MacGregor (GBR) Ltd has established a new relationship with Robert Gordon University in Aberdeen by providing work placements that support the career development of graduates. The Aberdeen office of MacGregor's Global Lifecycle Support Division will work with the university to provide