

(Posted on 01/11/18)
MacGregor and China State Shipbuilding Corporation (CSSC) have signed a Letter of Intent (LOI) on strategic cooperation. The LOI was signed on 29 October, 2018 at an executive level meeting in Beijing led by Lei Fanpei, the CSSC Chairman and Michel van Roozendaal, MacGregor President.
MacGregor sees that this cooperation will further strengthen its presence in Asia and specifically in China, the world's biggest shipbuilding market. CSSC is a very important partner for MacGregor, as it is the primary shipbuilding group in China and well positioned as a global leader in the industry.
The LOI relates to MacGregor's planned acquisition of the marine and offshore businesses of TTS Group and future cooperation potential between the two groups. The acquisition is subject to regulatory approvals in China, Germany and South Korea, and MacGregor is expecting to receive these approvals by the end of 2018.
The mutual trust built between MacGregor and CSSC during the 30 years of partnership will be a solid foundation for the new chapter of strategic cooperation.
Berg Propulsion has secured its first new tug order in Turkey since the opening of Berg Propulsion Eurasia... Read more
Specialist crew company Boers Crew Services is making moves to be more sustainable with the recent addition... Read more
In a major milestone Damen’s first all-electric harbour tug, the RSD-E Tug 2513, was officially... Read more
Superior Industries, Inc., a US-based manufacturer and global supplier of bulk material processing and... Read more
Global, mobile satellite communications company Inmarsat is lending its support to seafarer welfare... Read more
Global coatings pioneer Nippon Paint Marine has added a new anti-corrosive universal primer to its E... Read more
Cargotec’s half-year financial report January–June 2022 has revealed that supply chain challenges... Read more
One hundred and ten year old ship management company Reederei Wessels recently made the same purchase... Read more
Port Esbjerg is the leading port in Europe when it comes to handling and shipping wind energy components... Read more
German short sea shipping specialist ship owner company Reederei Gerdes signed the order for Damen Cargo... Read more