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MacGregor Bags USD25Mln Worth Orders

Maritime Activity Reports, Inc.

March 11, 2019

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 value is approximately EUR 22 million (USD25Mln), said a press release from the company.

The orders were booked into Cargotec's first quarter 2019 order intake, with the delivery of the MacGregor equipment planned to start during the first quarter 2020 and completed during the second quarter 2024.

"Highly experienced teams working closely with customers in Europe and China, combined with our global presence and ability to meet local market requirements, has enabled us to secure these important orders," says Magnus Sjöberg, Senior Vice President, Cargo Handling and RoRo, MacGregor.

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

The orderbook for U.S. dredgers is about $3B, and according to DCA CEO Bill Doyle, the incoming political administration could help this niche maritime sector continue its bull run.
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