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MacGregor wins deck machinery contract for six new Saudi Aramco-chartered AHTS vessels

MacGregor wins deck machinery contract for six new Saudi Aramco-chartered AHTS vessels
Finnish marine equipment engineer MacGregor will supply deck machinery packages to six 64m anchor handling tug supply (AHTS) vessels being built for long-term charter in the Middle East to state-owned petroleum and natural gas company Saudi Aramco.

MacGregor was awarded the contract by PaxOcean Engineering with each AHTS to be fitted with a 150-tonne anchor handling and towing winch, shark jaws, towing pins, auxiliary winches and ancillary equipment.

The equipment will be delivered in stages to the shipyard in Zhuhai, China, one of six shipyards operated by the Singapore-based PaxOcean group. Work is expected to commence at the end of 2016 and the vessels are scheduled for delivery starting during third quarter 2017.

"MacGregor won the contract because of our proven track record in this market segment where our equipment is well-received both by the owners and operators," says Esko Karvonen, the head of MacGregor’s Smart Ocean Technology division, MacGregor.

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"Additionally, we have close working relationships with this shipowner and the ship designer."

The vessels are designed by Conan Wu Enterprises and owned by Singapore-based PACC Offshore Services Holding Limited (POSH).

MacGregor offers engineering services to the global offshore and marine industries including solutions for handling marine cargoes, vessel operations, offshore loads, crude/LNG transfer and offshore mooring.

A part of the Nasdaq Helsinki-listed Cargotec group, MacGregor generated sales in 2015 totalling approximately €3.7bn ($4.13bn). It employs more than 11,000 people globally. The order is booked in Cargotec's 2016 third quarter order intake.