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Press Release Kalmar

Kalmar receives repeat order for nine Zero Emission RTGs from COSCO's Piraeus Container Terminal

10/27/2014

CARGOTEC CORPORATION, PRESS RELEASE, 27 OCTOBER 2014 AT 9 AM (EET)

Kalmar, part of Cargotec, has signed a repeat order for nine all-electric rubber-tyred gantry cranes (RTGs) with Piraeus Container Terminal (PCT) S.A. in Greece, a wholly-owned subsidiary of COSCO Pacific Limited. The cranes, four of which are the world's widest, will help the port meet its twin goals of increasing both capacity and savings. The deliveries are scheduled for 2015.

This order further consolidates Kalmar's partnership with the terminal, as Mr Li Jianchun, Deputy General Manager of PCT, explains: "We currently operate Kalmar RTGs, straddle carriers, reachstackers, forklift trucks, empty container handlers and terminal tractors. The latest Kalmar E-One2 Zero Emission RTGs go beyond regular stacking capacity, with four of the units 10+1 wide and five 9+1 wide, which will help us maximise space utilisation in the container yard."

"Fitted with the Kalmar SmartRail automatic gantry steering system, these new cranes offer an exceptional solution to our stringent requirements for safe operation around the yard, high capacity, reduced carbon emissions and lower costs of ownership. The Kalmar E-One2 Zero Emission RTG applies new technologies without compromising terminal productivity, reliability or flexibility, which we consider to be tremendous achievements," Mr Li concludes. The order follows the delivery of 12 Zero Emission Kalmar RTGs to the terminal in 2013.

The Kalmar E-One2 RTG has a 41-ton SWL capacity and meets all the latest environmental demands. The highly efficient electric power system eliminates all emissions, engine noise and the need for hydraulic oils. It also helps the model achieve an industry-leading maintenance interval of 1,000 hours.

Further information for the press:

Mika Virtanen, Vice President, RTG and STS cranes, Kalmar, tel. +358 20 777 5000

Clement Ng, Vice President, Greater China, APAC, Kalmar,  tel. +852 9866 5962

Maija Eklöf, Vice President, Marketing and Communications, Kalmar, tel. +358 20 777 4096 maija.eklof@kalmarglobal.com

Kalmar offers the widest range of cargo handling solutions and services to ports, terminals, distribution centres and 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.kalmarglobal.com

Kalmar is part of Cargotec. Cargotec's sales totalled EUR 3.2 billion in 2013 and it employs approximately 11,000 people. Cargotec's class B shares are quoted on NASDAQ OMX Helsinki Ltd under symbol CGCBV. www.cargotec.com

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