Cargotec Secures Orders for Offshore Cranes

Press Release
Wednesday, April 04, 2012

In March, Cargotec secured new orders for two 100-ton active heave-compensated offshore cranes from the wholly-owned subsidiaries of a Malaysian shipbuilding and vessel chartering group, Coastal Contracts Bhd (together with its subsidiaries "Coastal Group").

The cranes are destined for two 85m newly-built offshore support vessels, currently under construction within the group.

"There was strong competition for these new orders," said Frode Grovan, Cargotec Director, Sales and Marketing, Advanced Load Handling. "We were delighted that Coastal Group opted for our cranes, and they will offer the new vessels high-precision reliable performance for a range of demanding offshore operations."
The delivery of the offshore cranes is scheduled within 14 months, and they will be manufactured in China.

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