Cargotec to Supply Equipment for OSVs

MacGregor, a part of Finnish cargo-handling equipment maker Cargotec, has won an order to supply equipment for vessels to be built for Bumi Armada Berhad, a Malaysia-based international offshore oilfield services provider, Cargotec said on Friday.

The order includes delivering equipment for three ice-class vessels and a shallow water pipe laying barge by mid-November, and the gain will be booked into the second quarter results, the company said in a statement.

Cargotec did not provide the value of the deal.

Reporting by Nerijus Adomaitis