Cargotec unit MacGregor has signed a framework deal to supply spare parts to Cosco Shipping's fleet of more than 1,000 ships.

The deal also includes servicing.

“We are looking forward to increasing our collaboration with Cosco Shipping,” said John Carnall, SVP of global life-cycle support at MacGregor.

“The framework agreement provides for the scope of support services supplied to Cosco Shipping to be further enhanced, and will additionally enable more effective inventory forecasting across the fleet.”