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Ezra Orders MacGregor Cargotec Cranes

Maritime Activity Reports, Inc.

March 15, 2010

MacGregor 150-tonne active heave compensated subsea crane

MacGregor 150-tonne active heave compensated subsea crane

Cargotec will deliver two large offshore cranes to Singapore-based Ezra Marine Service Pte Ltd in 2010 and beginning of 2011 respectively. The cranes will be fitted to a deepwater anchor-handling towing/supply vessel (AHTS) and to a self-propelled accommodation barge. The value of the order is approximately $16.4m and it was booked in the first quarter 2010 order intake.

The order comprises two large active heave-compensated subsea knuckle-jib cranes. The first is for an ultra-deepwater AHTS. This 150 tonne SWL crane has an under-deck mounted winch with a 3,000m wire. The second crane is a 150-tonne SWL version being installed on a DP self-propelled accommodation barge.

Cargotec will manufacture vital components for the two cranes at its state-of-the-art unit in Kristiansand, Norway and at the recently modernised manufacturing, assembly and testing plant for offshore load handling solutions in Singapore.

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