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
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 signed a contract for the design and delivery of key components and the fabrication of steel structures for the hatch covers on board five 14,000 TEU container vessels under construction at Japan Marine United's (JMU) Kure shipyard. The order was booked into the second quarter 2016 order intake. "MacGregor enjoys a long and successful working relationship with JMU," says Hiroshi Goto Area Sales and Marketing Director, Cargo Handling, MacGregor
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 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, creates a new division 'Advanced Offshore Solutions' by merging its two Norway-based divisions and combining the strengths in offshore mooring, loading and load handling businesses. With the new joint division MacGregor aims to gain synergies and improve the operations as well as customer service. Høye G. Høyesen has been appointed to lead the new Advanced Offshore Solutions division, which will become operative on 1 January 2016.
MacGregor, part of Cargotec, has signed a contract for the design and delivery of key components and the fabrication of steel structures for the hatch covers on board five 14,000 TEU container vessels under construction at Japan Marine United's (JMU) Kure shipyard
Eastern Shipbuilding Group, Inc. has delivered the M/V Harvey Stone on August 29, 2016 for Harvey Gulf International Marine, LLC of New Orleans. The Harvey Stone, Eastern Hull 234, is a Rampage 6400 Multi-Purpose Field Support Vessel (MPFSV), designed by Robert Allan
MacGregor, part of Cargotec, has won comprehensive equipment package contracts for a variety of seven specialist support vessels that will operate in the Middle East region. MacGregor will deliver deck cranes and a range of deck machinery to each vessel
Cargotec is to begin restructuring at maritime software provider Interschalt, following its acquisition of the company earlier this year. The re-organisation is estimated to affect Interschalt personnel in Germany, USA (Houston) and China (Shanghai)
MacGregor, part of Cargotec, will supply loose lashings equipment for twelve 19,200 TEU container vessels under construction in South Korea for a European owner. The equipment is planned for delivery during 2016. The order was booked into first quarter 2016 order intake.
MacGregor, part of Cargotec, has secured orders for environmentally-friendly equipment for four next-generation eco-cruise ships which will be built in Germany and Finland. The vessels will be the first liquefied natural gas-powered cruise ships to enter the market
MacGregor, part of Cargotec, has received an order for gravity self-unloading systems for two 29,800 dwt bulk carriers (lakers) from the Yangzijiang shipyard, in China. The vessels will be delivered late 2017 / early 2018 to Canadian Great Lakes operator, Algoma
MacGregor has received orders from two Japanese yards to deliver comprehensive RoRo access equipment packages for four car carriers. The equipment will be delivered during Q3 in 2017. The orders are booked into the first quarter 2016 order intake.
Cargotec's January-March 2016 interim report: Profitability improved according to target * Strong order intake in Kalmar and Hiab * MacGregor profitability satisfactory considering current market situation * Strategy execution proceeding as planned
MacGregor, part of Cargotec, continues to add to its market-leading Pusnes product range and its latest introduction is a Pusnes RamWindlass. The new windlass is based on a chain-jack design and employs similar technology used in MacGregor's successful range of Pusnes RamWinches.
MacGregor, part of Cargotec, continues to serve the busy Greek shipping industry from its new, larger premises at Akti Miaouli, which is in the heart of the Greek port of Piraeus. "We serve 1,500 Greek-owned vessels annually and handle over 4
MacGregor, part of Cargotec, has launched a fiber-rope retrofit option for its subsea cranes; the modular upgrade replaces the crane's original steel wire rope with synthetic fiber rope, using the same technology as MacGregor’s fiber-rope crane, the FiberTrac 1500
MacGregor, part of Cargotec, has won an order to supply MacGregor offshore cranes and a Triplex handling system for a 14,300gt polar research vessel being built for the Polar Research Institute of China. Designed by Aker Arctic Finland, it will be the first vessel of its type to be built in China;
The Polar Research Institute of China has ordered a new 14,300gt polar research vessel. Designed by Aker Arctic Finland, it will be the first vessel of its type to be built in China, though a shipyard has yet to be named. The 122.5-meter multifunctional icebreaker will be able to handle
INTERSCHALT maritime systems GmbH, a provider of maritime software for cargo operations and fleet management, NavCom services and manufacturer of VDR systems, announced a change in the company’s executive management today. This follows Cargotec Corporation’s acquisition of INTERSCHALT