Cargotec has confirmed a €25m contract from a Chinese shipyard to deliver 104 MacGregor cargo handling cranes for 26 bulk carriers.

The company said that the ordered MacGregor GLB cranes offer an efficient and reliable cargo handling solution

The cranes are scheduled to be delivered during 2012 and 2013, with the majority in 2013.

The order was booked in the third quarter of 2011.