Cargotec Corporation: MacGregor organises its first hackathon "Hack the Sea" in Germany to boost the development of intelligent cargo handling in the world

CARGOTEC CORPORATION, PRESS RELEASE, 27 SEPTEMBER 2016 AT 10 AM EEST

MacGregor, part of Cargotec, organises an open innovation hackathon event at the Interschalt Marine Center near Hamburg, Germany on 11 - 13 November 2016. The MacGregor hackathon continues the success of CargoHack hackathons, organised by Cargotec companies to speed up their innovation processes and to extend their development ecosystem. The goal of this "Hack the Sea" hackathon is to explore and experiment new opportunities to reduce waste in the maritime industry. The event will be organised in collaboration with Industryhack, a pioneer of industrial open innovation contests.

"We invite brilliant and agile tech minds and digital talents to innovate how to utilise the potential to reduce the unnecessary maritime industry waste," says Alexander Nürnberg, Senior Vice President, Technology and R&D at MacGregor. "MacGregor has identified a lot of potential to improve the efficiency of cargo flow and load handling within the global maritime industry. While embarking on numerous in-house projects, MacGregor is inviting the stakeholders to co-create a more sustainable future together. We are organising the hackathon to boost innovation in this area," Mr. Nürnberg continues.

Lasse Eriksson, Vice President, Digitalisation at Cargotec says: "Cargotec is on a drive to become a world leader in intelligent cargo handling, increasing our focus on software, services and digital business. The results and feedback from our first CargoHack hackathon in April are very encouraging, and we see great opportunities now, as the next step in implementing our strategy, to work together with the external development community to solve the waste challenge in maritime industry. We expect to see a lot of interest towards this event, both locally around Hamburg, but also globally."

Teams and individuals may submit their applications for attending the CargoHack hackathon event online at www.cargohack.com (http://www.cargohack.com/). Additional information on the event and the challenges, as well as on results after the event, will be available at the same address.

First day of the event, Friday 11 November is open for the press. Members of the press are asked to pre-register for the event by contacting MacGregor Communications at [e-mail] (mailto:[e-mail])  

For more information please contact:
Alexander Nürnberg, Senior Vice President, Technology and R&D, MacGregor,
tel. [phone], Email: [e-mail] (mailto:[e-mail])

Heli Malkavaara, Senior Communications Manager, MacGregor,
tel. [phone], Email: [e-mail] (mailto:[e-mail])

MacGregor shapes the offshore and marine industries by offering world-leading engineering solutions and services with a strong portfolio of MacGregor, Hatlapa, Porsgrunn, Pusnes and Triplex brands. Shipbuilders, owners and operators are able to optimise the lifetime profitability, safety, reliability and environmental sustainability of their operations by working in close cooperation with MacGregor.

MacGregor solutions and services for handling marine cargoes, vessel operations, offshore loads, crude/LNG transfer and offshore mooring are all designed to perform with the sea. www.macgregor.com (http://www.macgregor.com)

MacGregor is part of Cargotec. Cargotec's (Nasdaq Helsinki: CGCBV) sales in 2015 totalled approximately EUR 3.7 billion and it employs over 11,000 people. www.cargotec.com (http://www.cargotec.com)

CargoHack MacGregor_art (http://hugin.info/135578/R/2044793/763656.jpg)

This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Cargotec Corporation via Globenewswire