MacGREGOR Forms Offshore Division

Monday, June 04, 2007
The MacGREGOR Group recently unveiled details of its new offshore division, a division made possible by the recent acquisitions of Hydramarine in Norway and Plimsoll in Singapore. The Offshore division will comprise more than 660 employees: 160 in Norway and 500 in Asia.

In 2006, Hydramarine and Plimsoll had a combined turnover of approximately €104 million and a order backlog of €175 million. Both Hydramarine and Plimsoll are financially consolidated into the MacGREGOR Group as of April 1, 2007. According to the company, there are a number of strong synergies in combining Hydramarine and Plimsoll into one new business division. Business-wise, the MacGREGOR Offshore division will take advantage of the combined strength in the different geographical areas that Hydramarine and Plimsoll represent. There are also strong similarities between the respective product portfolios and technology within Hydramarine and Plimsoll.

Hydramarine focuses on the development of hydraulic and electrical load handling equipment for ship and rig owners, yards and operators. Its key products are large Active Heave Compensated (AHC) cranes for the offshore industry. Hydramarine offers a complete range of high-end handling systems such as cranes, davits, winches and subsea load handling solutions. Its products are installed on various kinds of offshore supply vessels and rigs. Hydramarine concentrates on the offshore business in North Sea and the US Gulf region.

Plimsoll focuses on the development of hydraulic deck machinery equipment for ship owners, yards and operators. Plimsoll’s key products are a comprehensive range of winches and cranes for offshore and marine applications. Its products are installed on various kinds of offshore support vessels, oil rig vessels, marine tugs and commercial marine vessels. The company also offers a wide range of services and its service business share of net sales is comparable to MacGREGOR’s. Plimsoll is considered as one of the major deck equipment suppliers in the Asia Pacific region.

New management Team

In conjunction with news of the new division comes news a new management team. The Offshore division management team will be headed by Henrik Vildenfeldt, former senior vice president of corporate development in the MacGREGOR Group. Its first major task is the integration of the new division. The integration process will be complex as it will have to deal with different time zones, cultures and organisations, and consequently the integration team will include a wide range of abilities.

The following people have been assigned to the MacGREGOR Offshore division management team:

- Henrik Vildenfeldt, general manager, Offshore division

- Petri Järvikallio, division controller, Offshore division

- Leif Byström, vice president, operations, Offshore division

- Ismo Matinlauri, director, after sales operations, Offshore division - Kwan Wai Khin, manager, after sales operations, Offshore division

- Henry Yap, managing director, Plimsoll - Chai Chon Kim, executive director, Plimsoll

- Vidar Robstad, managing director, Hydramarine

- Svein Erik Halvorsen, technical director, Hydramarine

Maritime Today

The Maritime Industry's original and most viewed E-News Service

Maritime Reporter November 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Horizon Awarded for GORHEAD Software

Horizon Shipbuilding, Inc. of Bayou La Batre, Ala., has been presented with the 2015 “Innovator of the Year” award by the Mobile Alabama Chamber of Commerce for

Indonesia Ferry Hits Trouble, 97 Rescued

Almost 100 people were rescued when a ferry sailing towards Singapore from the Indonesian island of Batam hit a floating object and reportedly started to sink, authorities in the city-state said.

Thyssenkrupp Bids for Australian Sub Contract

German industrial group Thyssenkrupp has submitted an offer to the Australian government for a contract to build stealth submarines potentially worth tens of billions of euros,


Alfa Laval Debuts Inline Scrubber Design

Alfa Laval’s PureSOx exhaust gas cleaning system platform now includes an inline scrubber design: I-design.   “Through open-loop, closed-loop and hybrid arrangements,

Fugro to Survey off Equatorial Guinea

Fugro has been awarded a contract by Ophir Equatorial Guinea (Block R) Limited for the provision of survey services for the development of large scale assets and

ESL Orders LNG-fueled Bulker following Transport Deal with SSAB

ESL Shipping Ltd and the steel company SSAB have signed a long-term frame agreement covering SSAB’s inbound raw material sea transports within the Baltic Sea and from the North Sea.

Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Navigation Pipelines Ship Electronics Ship Repair Ship Simulators Sonar
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1009 sec (10 req/sec)