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MacGregor Cleared to Buy TTS Unit
Marine and offshore equipment and services form MacGregor announced on Monday it has received a clearance decision from the Chinese competition regulator, SAMR, for the company’s acquisition of the marine and offshore businesses of TTS Group ASA. Based on revised estimates, potential cost synergies are estimated to be around EUR 25-30 million on annual level.MacGregor, part of Cargotec, had previously…
MacGregor Equipment for 2 US T-ATS Ships
Finnish marine cargo handling equipment provider MacGregor has been selected to supply repeat packages of deck machinery equipment for two new US Naval Sea Systems Command (NAVSEA) towing…
MacGregor to Upgrade MSC Vessels
Swiss-based shipping line MSC Mediterranean Shipping Company has signed a contract with MacGregor and Guangzhou Wenchong Dockyard to upgrade cargo systems on six 16…
Further Delay for MacGregor's TTS Buy
Cargotec’s MacGregor has hit roadblock to complete the acquisition of TTS Group’s marine and offshore businesses, originally proposed in February 2018.The provider…
Autonomous Ships: MacGregor Mooring for Yara Birkeland
MacGregor, part of Cargotec, and Kongsberg Maritime have entered into an agreement where MacGregor will deliver an automated mooring system for the world's first autonomous container ship, Yara Birkeland.This will enable mooring operations to be undertaken without human intervention and supports effective operation of the fully electric, zero emission vessel.The order was booked in Cargotec's 2018 fourth quarter order intake…
MacGregor Bags RoPax Ferry Deal
MacGregor, part of Cargotec, has received orders to provide linkspans to a customer in Scandinavia and a conversion project for two RoPax ferries operated by a Scandinavian…
MacGregor Builds 1st Offshore Fiber Rope Crane
MacGregor, part of Cargotec, has completed the construction of FibreTrac, the first fibre-rope offshore crane to enter the market.The FibreTrac crane has a 150-tonne safe working load (SWL) capacity.
MacGregor's TTS Acquisition Delayed
MacGregor, part of Cargotec, announced on February 8, 2018 that it has entered into an agreement to acquire the marine and offshore businesses of TTS Group ASA.The…
MacGregor Bags USD25Mln Worth Orders
MacGregor, part of Cargotec, has secured orders to provide port, cruise access and equipment for RoRo/Passenger (RoPax) ferries from Europe and China.The total order…
MacGregor Deck Machinery Selected for Heavy-Duty Naval Operations
MacGregor, part of Cargotec, has been selected to supply deck machinery equipment for a US Naval Sea Systems Command (NAVSEA) T-ATSX-class vessel under construction at Gulf Island Shipyards…
MacGregor: Cleared by S. Korean Regulators for TTS Acquisition
MacGregor, part of Cargotec, received a clearance decision from the South Korean Fair Trade Commission on the company's acquisition of the marine and offshore businesses of TTS Group ASA…
MacGregor Wins USD 25 mln Orders for Cruise Access Equipments
MacGregor, part of Cargotec, has secured cruise access equipment orders from three European shipyards.The provider of engineering solutions and services to offshore…
MacGregor Cleared to Acquire TTS' Marine & Offshore Units
MacGregor, a part of Cargotec, has yesterday received a clearance decision from the German Federal Cartel Office (Bundeskartellamt) for the company's acquisition of the marine and offshore businesses of TTS Group ASA, which was announced on 8 February, 2018. The completion of the intended transaction is still subject to regulatory approvals in China and South Korea. MacGregor expects to receive these approvals by the end of 2018 and to complete the transaction…
MacGregor Signs LOI with CSSC
MacGregor and China State Shipbuilding Corporation (CSSC) have signed a Letter of Intent (LOI) on strategic cooperation. The LOI was signed on October 29, 2018 at…
MacGregor Hatch Cover Sets for Eight Container Vessels at HMD
MacGregor, part of Cargotec, has secured orders from Hyundai Mipo Dockyard (HMD), in South Korea, to design and deliver complete hatch cover sets and container fixed fittings for eight 1,800 TEU container ships. The order is booked into Cargotec's third quarter 2018 order intake, and delivery of the equipment is planned during 2019."HMD and MacGregor have had a long and fruitful cooperation over many years.
Zaitoun Green Shipping Forms Consortium for New Maritime Model
Dubai based Zaitoun Green Shipping has initiated, together with world leading companies in smart technology and solutions, a consortium to collaborate on…
MacGregor to Reveal Digital Advances at SMM
At this year's SMM exhibition, MacGregor, part of Cargotec, plans to unveil a new digital solution it says is set to change the face of breakbulk stowage. Alongside this…
Maritime Tech Trends Digital
With digitalization technologies sweeping through maritime, Henrik Segercrantz, Maritime Reporter’s correspondent in Helsinki, explores latest developments in the quest to harness the power of 'big data.'Wärtsilä's Smart Marine EcosystemWärtsilä continues to build its leadership resume in marine and energy markets, boasting net sales of $5.7 billion last year, supported by 18,000 employees with operations in more than 80 countries.
CSSC Nanjing Luzhou, MacGregor Start Joint Venture
MacGregor, part of Cargotec, and China State Shipbuilding Corporation's (CSSC) Nanjing Luzhou Machine Co., Ltd. (LMC) celebrated the opening of a new joint venture in Nanjing, China on April 10. With common efforts from both parties, the joint venture will be gradually developed to be the center of excellence for air compressors. The cooperation will be expanded step by step to cover other suitable…