Cargotec's MacGregor receives USD 21 million order for optimised cargo handling systems for five container vessels

CARGOTEC CORPORATION, STOCK EXCHANGE RELEASE 22 SEPTEMBER 2015 AT 10 (EEST)

Cargotec's MacGregor receives USD 21 million order for optimised cargo handling systems for five container vessels
 
 
MacGregor, part of Cargotec, has received an order worth USD 21 million for optimised cargo handling systems for five 10,500 TEU container vessels. The ships are under construction at South Korean shipyard Hyundai Samho Heavy Industries and are being built for German operator Hapag-Lloyd. They are planned for delivery between October 2016 and May 2017 and will primarily be deployed on South American routes. 
 
"Cargo system flexibility during loading and unloading operations, in combination with attaining a vessel's actual payload capacity, is crucial for maximising a ship's revenue and long-term profitability," says Tommi Keskilohko, Director at MacGregor's Customer Solutions. "Such efficiency can only be achieved when all parts of a cargo system are designed as one integrated element at an early stage of any newbuiding project, before any restrictive decisions have been made.

"MacGregor is pleased to be working together with Hapag-Lloyd and Hyundai Samho Heavy Industries on this new project," adds Mr Keskilohko. "In fact, its relatively tight schedule would not have been feasible without this forward-thinking approach and seamless cooperation between all parties."
 
The optimised MacGregor cargo handling system for each new vessel will comprise hatch covers, lashing bridges, a loose lashing system and container fittings, along with related software and a lifecycle support package.

MacGregor will support Hapag-Lloyd in maximising the cargo system's full potential through a training programme for crew and land-based personnel. Cargo system performance will be analysed and guidance offered. MacGregor markets its optimised full cargo system solutions for container ships under the name MacGregor PlusPartner.
 

Further information for the press:
Tommi Keskilohko, Director, Customer Solutions, MacGregor, tel. +358 40 574 2433
Heli Malkavaara, Communications Manager, MacGregor, tel. +358 20 777 4500, Email: heli.malkavaara@macgregor.com

More information for investors:
Paula Liimatta, Director, Investor Relations, tel. +358 20 777 4084

Cargotec shapes the cargo handling industry for the benefit of its customers and shareholders. Cargotec's business areas MacGregor, Kalmar and Hiab are recognised leaders in cargo and load handling solutions around the world. Their global network is positioned close to customers and offers extensive services that ensure a continuous, reliable and sustainable performance according to customers' needs. Cargotec's sales totalled approximately EUR 3.4 billion in 2014 and it employs approximately 11,000 people. Cargotec's class B shares are quoted on NASDAQ OMX Helsinki Ltd under symbol CGCBV. www.cargotec.com