Subsea Load Handling News

The Hatlapa shareholders have entered into an agreement with Cargotec´s MacGregor to transfer all company shares and to integrate the merchant ship and offshore deck equipment business into the MacGregor portfolio. MacGregor offers integrated cargo flow solutions for maritime transportation and offshore industries. MacGregor’s offering includes hatch covers, lashing systems, cranes, RoRo cargo and passenger access equipment and self-unloading systems. For the offshore industry…

Cargotec is supplying two MacGregor offshore deck cranes for installation on an offshore converter platform, BorWin beta, which will feed 800MW of renewable energy generated by two offshore windfarms into the German electricity grid. The power converter will begin test operation at the end of 2012. The MacGregor luffing cranes have an SWL of 10 tonne at 41m outreach and will be used to offload supply vessels, handle materials on BorWin beta's open deck areas and lower them to the decks below via hatches. They are also 'man-riding approved'.

In April Cargotec secured an order to supply two active heave-compensated (AHC) cranes for Volstad Maritime's large offshore construction vessel (OCV) on order at Bergen Group Fosen shipyard in Norway (hull 89), which is scheduled for delivery in the second quarter of 2012. The contract comprises a 250-tonne MacGregor AHC subsea crane and a 15-tonne MacGregor AHC offshore crane. The advanced OCV is an ST-259-CD design from Skipsteknisk, and is 125m long and 25m wide. The vessel is designed to the highest environmental standards and Clean Design requirements. It will be classed to Ice-1A.

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…

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.

MacGREGOR’s expansion into the offshore support sector continues with its latest acquisition, Vestnorsk Hydraulikkservice AS (VNH). The company is a service and turn-key system supplier to the offshore and marine industries, its main focus being offshore hydraulics service and products. VNH has a 1,100m² workshop suitable for service of hydraulic equipment in Ågotnes, west of Bergen, Norway. The company has net sales of €4.5 million and employs 21 people. Vestnorsk Hydraulikkservice AS is today owned by Vestnorsk Holding AS. VNH works fully in the offshore industry and carries out installation, troubleshooting and repairs on and off shore. About 80 per cent of its revenue comes from service, the rest from various hydraulic turn-key projects.

MacGREGOR has signed an agreement to acquire Hydramarine AS. Hydramarine is based in Norway and is a company in high-end offshore and subsea load handling systems for the offshore vessel industry. MacGREGOR will acquire 90 percent of the company with the remaining shares being owned by employees. The acquisition is subject to competition authority approval. Hydramarine focuses on the development of hydraulic and electrical deck machinery equipment for shipowners, yards and operators. Its key products are large active heave compensated cranes to the offshore industry. It 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.