MacGregor Establishes Offshore Division

Friday, June 01, 2007
Cargotec’s MacGregor business area providing marine cargo handling solutions has established a new division, MacGregor Offshore. The acquired companies, Norwegian Hydramarine and Singaporean Plimsoll will be the foundation for the new division. The offshore division will be headed by Henrik Vildenfeldt who previously worked as SVP, Corporate Development at MacGregor. Vildenfeldt reports to Olli Isotalo, President of MacGREGOR. The new division employs approximately 700 people.

Both Hydramarine and Plimsoll are included in MacGregor financials as of the beginning of April 2007. The new offshore division will focus on achieving targeted synergies from the combination of Hydramarine and Plimsoll and continue to build on future growth. The division serves customers globally and concentrates in its R&D in solutions that support the customers’ business in offshore industry. Also the offshore service companies Grampian and Vestnorsk Hydraulikkservice will support MacGregor offshore operations. Hydramarine and Plimsoll focus on the development of hydraulic and electrical deck machinery equipment for ship owners, yards and operators. Products such as large active heave compensated cranes, davits, winches and subsea load handling solutions are installed on various kinds of offshore supply vessels and rigs. Hydramarine concentrates on the offshore business in North Sea and US Gulf whereas Plimsoll is one of the major deck equipment suppliers in the Asia Pacific region. In addition to the Offshore division MacGregor consists of Dry Cargo division, Bulk Handling division, Crane division as well as RoRo division and Service division.

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


The Digital Oilfield Microwave Communication Offshore Brazil

With most offshore wells in Brazil located between 30 and 300 km from the coast, communication with offshore assets has not always been straightforward or reliable.

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

Wärtsilä Sternguard In-Water Serviceable Seal Launched

Wärtsilä, the marine and offshore industry's leading solutions and services provider, introduces an innovative new seal that can be fully serviced underwater, without setting up a habitat.


NY/NJ Port Authority Sees Debt Issuance of $1.2 bln in 2016

The Port Authority of New York and New Jersey sees consolidated debt issuance of $1.2 bln in 2016 compared with $1.5 bln this year, according to its $7.9 billion 2016 budget released on Monday.

Opportunities for Growth as Chinese Economy Evolves

The global breakbulk and heavy-lift markets have had to navigate choppy waters in recent years.   Not necessarily due to a shortage of freight, but as a consequence of unsustainably low freight rates.

Panama Canal Wait Times Back to Normal

Waiting times for ships at the Panama Canal have returned to normal after poor weather and a spike in traffic caused delays for several weeks, the waterway's operator said on Monday.

Maritime Careers / Shipboard Positions Maritime Standards Naval Architecture Navigation Offshore Oil Salvage Ship Electronics Ship Repair Ship Simulators Winch
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: 0.0817 sec (12 req/sec)