MacGregor cooperation with CSSC
(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.
Latest News
Naples cargo operator invests in energy-efficient Konecranes Gottwald MHC
(Posted on 01/05/25)Magazzini Generali Silos Frigoriferi (MGSF), part of the Klingenberg Group, has ordered a Konecranes... Read more
FuelEU Maritime compliance strategy is commercial priority, says OceanScore
(Posted on 28/04/25)FuelEU Maritime represents a strategic headache for shipping companies on the same level as its technical... Read more
Wärtsilä upgrade to deliver emissions savings for Ulusoy bulk carriers
(Posted on 22/04/25)Technology group Wärtsilä will upgrade the Wärtsilä RT-flex main engines... Read more
Steelpaint secures major order for application on 39 bulk vessels
(Posted on 22/04/25)German coatings firm Steelpaint GmbH has secured a major order to supply its specialist Stelpant... Read more
BAR Technologies' WindWings a practical solution
(Posted on 15/04/25)In the wake of the International Maritime Organization's (IMO) Marine Environment Protection Committee... Read more
Orderbook for all dry-bulk vessel classes falls by 26% Y-o-Y in Q1
(Posted on 15/04/25)Global economic uncertainty and a cooling of the market has seen newbuild orders for dry-bulk vessels... Read more
Alfa Laval expands its portfolio with NRG Marine acquisition
(Posted on 03/04/25)Alfa Laval has completed the acquisition of UK-based NRG Marine, a leading provider of ultrasonic anti... Read more
MBF and ZESTA MoU to accelerate zero-emission shipping
(Posted on 03/04/25)In a landmark moment for the global maritime industry, the Maritime Battery Forum (MBF) and the Zero... Read more
Bruks Siwertell Group announces leadership transition
(Posted on 31/03/25)Bruks Siwertell Group has announced a leadership transition as Peter Jonsson steps down as CEO after... Read more
ClassNK issues AiP for OceanWings Rigid Windsail Type WAPS
(Posted on 31/03/25)ClassNK has issued an approval in principle (AiP) for a Rigid Windsail Type Wind-Assisted Propulsion... Read more
