MacGregor, a unit of Cargotec Corp, reported that by combining well-proven Pusnes technology in bow loading and offloading systems, the company has helped to develop a solution that enables crude oil to be loaded directly from a floating production storage offloading (FPSO) facility or a floating storage offloading (FSO) unit to a conventional tanker, up to very large crude carrier (VLCC) size. The first contracts for the systems have been signed with China's Cosco Shipyard Group.

"MacGregor, and its Pusnes brand, has a long history of developing pioneering offshore loading systems within the industry," said Høye Høyesen, Vice President, MacGregor Advanced Offshore Solutions.

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