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Cargotec and Konecranes have signed a combination agreement and merger plan under which Konecranes will be merged into Cargotec. The combined company would have illustrative annual sales of about EUR 7.0 billion.
MacGregor, part of Cargotec, signed an order to supply on-vessel equipment, Flintstone mooring connectors and project management for a mooring and riser system for Excelerate Energy's floating LNG terminal off Moheshkhali island, Bangladesh. Delivery is scheduled for the second quarter of 2018.
