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Cargotec Corporation: MacGregor continues its run of Hatlapa deck machinery deliveries to COSCO's ultra large container carriers


MacGregor, part of Cargotec, has signed a contract that will extend its
deliveries of Hatlapa deck machinery to a growing series of ultra large
container carriers (ULCCs) being built at three shipyards across Asia for the
global container shipping organisation, COSCO Container Lines. The latest
contract was signed in the first quarter of 2016.

Currently eleven vessels, varying in size between 19,000 and 20,000 TEU, are
contracted to be fitted with MacGregor's Hatlapa deck machinery. Six are
being built at Nantong Cosco Kawasaki Shipyard (NACKS), three at Shanghai
Waigaoqiao Shipyard (SWS), while the most recent confirmation of orders is
for two vessels now under construction at Dalian Shipbuilding Industry Co

"COSCO is one of the world's leading container carriers and it is a great
honour to continue our strong relationship with this customer," says Nina
Priebe, MacGregor Area Sales Manager. "We have been working on this order
together with our local team since the beginning of 2015, and the
continuation of our deck machinery contracts for these vessels is a notable
endorsement for our good local customer support and services."

For each vessel MacGregor will deliver the design and key components for
shipsets of up to twelve electrically-driven Hatlapa winches. They will have
a chain size of up to 137mm (K3) and a pull of up to 320kN.

The winches will be manufactured by MacGregor's Chinese production partner,
Nanjing Lüzhou Machine Works. Delivery of the first shipset of deck machinery
is scheduled for July 2016 and the final one is planned for delivery at the
end of 2017. The vessels will operate between China and Europe.

"COSCO knows and trusts MacGregor products and services, and we have secured a
significant number of references for their vessels over the years," adds Ms


For further information please contact:

Nina Priebe, Area Sales Manager, Auxiliary and Machinery Systems, MacGregor,
tel. +49 412 271 1154,

Heli Malkavaara, Senior Communications Manager, MacGregor,
tel. +358 20 777 4500,

Caption: MacGregor has delivered similar kind of deck machinery to 18.000 TEU
Container Vessel

MacGregor shapes the offshore and marine industries by offering world-leading
engineering solutions and services with a strong portfolio of MacGregor,
Hatlapa, Porsgrunn, Pusnes and Triplex brands. Shipbuilders, owners and
operators are able to optimise the lifetime profitability, safety,
reliability and environmental sustainability of their operations by working
in close cooperation with MacGregor.

MacGregor solutions and services for handling marine cargoes, vessel
operations, offshore loads, crude/LNG transfer and offshore mooring are
alldesigned to perform with the sea

MacGregor is part of Cargotec. Cargotec's (Nasdaq Helsinki: CGCBV) sales in
2015 totalled approximately EUR 3.7 billion and it employs almost 11,000

Hatlapa deck machinery


This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Cargotec Corporation via Globenewswire


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