The MacGregor Group is a subsidiary of Cargotec Corporation and provides integrated cargo and load handling services for maritime transportation and various offshore industries. The company has had a focus on offshore operations since its founding nearly one hundred years ago. MacGregor has a unique portfolio of offerings for ships, ports, and terminals, which are intended to increase the production of services and ensure the safety of workers and operations. The company has recently become more involved in oil and gas operations and now offers marine loading arms for the transfer of crude oil, liquefied petroleum gas, and liquefied natural gas.
History and Corporate Culture
In the 1920s, two brothers developed the first steel hatch cover, resulting from years of losses of North Sea colliers. Their invention was patented in 1929 and ushered in a new era of improved ship and cargo safety. The two brothers formed MacGregor & Company in England in 1937 to promote the steel hatch covers.
The end of the twentieth century led to a new era in MacGergor & Company, with many acquisitions and mergers which helped to further expand the business. The company merged with the Finnish Navire in 1983, leading to a new focus on marine cargo. About ten years later, the company acquired the world’s leading container lashing manufacturer, Conver-OSR. Only one year later, the company merged with the Swedish crane specialty company Hagglunds Marine. However, in 1998, the majority of the company was sold to Industri Kapital. Cargotec acquired MacGregor in 2005 with the plan to further expand the company’s cargo handling.
The company began its foray into the oil and gas business through recent acquisitions in the early twenty-first century of companies which specialize in offshore and subsea load handling. The company now has a strong focus in Asia, although maintains strong operations in the United States. The company offers products such as hydramarine cranes and subsea load-handling solutions to offshore vessels and oil rigs. Many of the equipment and products the company produces are aimed at ensuring the safety of offshore workers and coming into compliance with new strict regulatory standards, stemming from the Deepwater Horizon tragic accident.
The company continues to offer engineering solutions and services to cargo ships, offshore vessels, and oil and gas operations to create a safe environment for workers.
The Malley Law Firm | Houston Maritime Lawyer
If you or a loved one have been injured in an offshore accident, do not hesitate to contact the Malley Law Firm. Tony Malley has years of experience in assisting clients with their maritime injury claims and will work tirelessly to ensure you receive the compensation you deserve for your injuries. Despite the strict safety measures which are mandated from federal regulations, accidents may still occur on offshore vessels. As a victim, you are often entitled to receive compensation for your injuries. Contact our Texas offices today for your initial free consultation.