Cargotec has secured MacGregor cargo handling
crane orders worth more than EUR 80 million

23 September 2010

In August Cargotec confirmed contracts for 275 MacGregor cargo handling cranes with a total value of more than EUR 80 million. The cranes are destined for 72 ships on order at various shipyards in China and South Korea, comprising 64 bulk carriers and eight general cargo vessels.

"MacGregor cargo handling solution offers an efficient and reliable system for the shipowner", says Per-Erik

Nilsson, sales and marketing director for cargo handling cranes at Cargotec. "We have increased our market share in the important Asian market, especially being successful in the bulk carrier segment" he continues.

Cranes will be manufactured at Cargotec partner plants in China and South Korea and delivered 2011 and 2012.

Cargotec improves the efficiency of cargo flows on land and at sea - wherever cargo is on the move. Cargotec's daughter brands, Hiab, Kalmar and MacGregor are recognised leaders in cargo and load handling solutions around the world. Cargotec's global network is positioned close to customers and offers extensive services that ensure the continuous, reliable and sustainable performance of equipment. Cargotec's sales totalled EUR 2.6 billion in 2009 and it employs approximately 9,500 people. Cargotec's class B shares are quoted on the NASDAQ OMX Helsinki. www.cargotec.com

MacGregor is the global market-leading brand in marine cargo handling and offshore load-handling solutions. Customer-driven MacGregor engineering and service solutions for the maritime transportation industry and the offshore load-handling and naval logistics markets are used onboard merchant ships, offshore support vessels, and in ports and terminals. www.macgregor-group.com

Cargotec