MacGregor secures turnkey project from Cochin Shipyard, India for four 8 000 dwt bulk carrier hatch cover shipsets

CARGOTEC CORPORATION, TRADE PRESS RELEASE, 2 SEPTEMBER 2019 AT 9 AM EEST

MacGregor, part of Cargotec, secured a turnkey contract to deliver 4 shipsets of weather deck hydraulic operated folding hatch covers for 8 000 dwt coal carriers. The turnkey project includes design and key components, fabrication and transportation of hatch covers as well as commissioning of the complete system at Cochin shipyard. The orders will be booked into Cargotec's third quarter 2019 order intake and the deliveries are planned to be during the second quarter 2020.

MacGregor was chosen as the preferred supplier due to a proven design and high quality validation process, which ensures that every phase of manufacturing is controlled and monitored by quality inspectors. The innovative design and operational success of the solution, combined with a worldwide service network were also important in convincing the shipowner and shipyard.

"We have developed a strong relationship with the shipowner and Cochin Shipyard over the years, and are very pleased to have secured this significant new contract,” says Magnus Sjöberg, Senior Vice President, MacGregor Cargo Handling.

For further information, please contact

Magnus Sjöberg, Senior Vice President, Cargo Handling and RoRo, MacGregor
Tel. +46 31 850 919, magnus.sjoberg@macgregor.com
or
Robin Thuillier, Communications Director, MacGregor
tel. +65 9730 4301, robin.thuillier@macgregor.com

MacGregor is a leader in intelligent maritime cargo and load handling with a strong portfolio of MacGregor, Hatlapa, Porsgrunn, Pusnes, Rapp, Triplex and TTS products, services and solutions, all designed to perform with the sea.

Shipbuilders, shipowners and operators are able to optimise the lifetime profitability, safety, reliability and environmental sustainability of their operations by working in close cooperation with MacGregor. www.macgregor.com

MacGregor is part of Cargotec. Cargotec's (Nasdaq Helsinki: CGCBV) sales in 2018 totalled approximately EUR 3.3 billion and it employs around 12,000 people worldwide. www.cargotec.com