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Press Release Cargotec

Kalmar secures large order for 12 all-electric RTGs for PCT Greece

1/15/2013

CARGOTEC CORPORATION, PRESS RELEASE, 15 JANUARY 2013 AT 11 AM (EET)

Kalmar, part of Cargotec, has signed a large order for twelve all-electric rubber tyred gantry cranes (RTGs) to Piraeus Container Terminal (PCT) SA in Greece. The cranes, scheduled for delivery in late 2013, will facilitate the port's continued expansion, with capacities planned to increase from 2.6 MTEU to 3.1 MTEU per year. The order has been booked into Cargotec's 2012 fourth quarter order intake.

PCT, operating in Greece since 2009, is a wholly-owned subsidiary of COSCO Pacific Limited, a world-leading container terminal operator. This latest order further consolidates Kalmar's long term partnership with the terminal, as Mr. Li, Deputy General Manager of PCT confirmed: "Once we install the 12 RTGs from Kalmar, the stacking capacity of our terminal will increase by 30%, and we believe that our terminal will achieve reduced operating costs with increasing throughputs, by turning to the advanced technological solutions Kalmar has consistently delivered, ultimately gaining higher reputation."

"We currently operate with Kalmar straddle carriers, reachstackers, forklift trucks, empty container handlers and terminal tractors. The latest Kalmar E-One2 Zero Emission RTGs, fitted with SmartRail, an automatic gantry steering system, offer an exceptional solution to our stringent requirements for higher capacity, reduced carbon emissions, lower costs of ownership and safer operation around the yard. The Kalmar E-One2 Zero Emission RTG applies new technologies without compromising container terminal productivity, reliability or flexibility, which we consider to be tremendous achievements," Mr. Li concluded.

The Kalmar E-One2 RTGs have each a 41 ton SWL capacity and also benefit from zero emissions, through incorporating a cable reel which provides an electric power system that eliminates all diesel emissions, engine noise and the use of hydraulic oils.

Further information for the press:

Clement Ng, Vice President, Greater China, tel. +86 136 326 67 188
Maija Eklöf, Director, Communications and Marketing, Kalmar, tel. +358 20 777 4096, maija.eklof@cargotec.com

Further information for investors:
Paula Liimatta, Director, Investor Relations, tel. 358 20 777 4084

Kalmar offers the widest range of cargo handling solutions and services to ports, terminals, distribution centres and to the heavy industry. Kalmar is the industry forerunner in terminal automation and in energy efficient container handling, with one in four container movements around the globe being handled by a Kalmar solution. Through its extensive product portfolio, global service network and ability to enable a seamless integration of different terminal processes, Kalmar improves the efficiency of every move. www.kalmarind.com

Kalmar is part of Cargotec. Cargotec's sales totalled EUR 3.1 billion in 2011 and it employs approximately 10,500 people. Cargotec's class B shares are quoted on NASDAQ OMX Helsinki under symbol CGCBV. www.cargotec.com