Cargotec's MacGregor wins a EUR 37 million order for 45 electric winches from Hyundai Samho Heavy Industries Thursday, Oct 24, 2013 Cargotec's MacGregor has won an order worth approximately EUR 37 million for 45 electric winches from Hyundai Samho Heavy Industries Co. Ltd, in South Korea. The order will be booked in the fourth quarter 2013 order intake and the equipment is scheduled for delivery between the second and fourth quarter of  2014.

The winches will be installed on Hyundai Heavy Industries' 10,000-tonne new heavy lift vessel, which will be one of the world's largest heavy lift ships designed to support shipbuilding activities and offshore lifting operations in international waters.

"This order is a breakthrough for MacGregor's offshore winch business in the Korean offshore market and reaffirms MacGregor's reputation as the leading provider of efficient and environmentally friendly solutions," says Francis Wong, Offshore Segment's Sales and Marketing Director at MacGregor. "Ship blocks and offshore structures are getting bigger and heavier, and in order to handle these safely and efficiently the worldwide demand for heavy lift vessels has increased."