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Press release MacGregor

MacGregor wins hatch cover contract for six more container ships from Japan

10/7/2015

CARGOTEC CORPORATION, PRESS RELEASE, 7 OCTOBER 2015 AT 10 AM (EEST)

MacGregor, part of Cargotec, has signed a contract for the design and delivery of key components and the fabrication of steel structures for the hatch covers on board six 14,000 TEU container vessels under construction at Japan Marine United's (JMU) Kure shipyard. The order was booked into third quarter 2015 order intake.

The 14,000 TEU vessels are being built for an undisclosed Japanese owner. The delivery of the vessels is scheduled from 2016 through 2018. They will be deployed for the service between Far East and Europe.

"MacGregor has enjoyed a long and successful working relationship with JMU," says Hiroshi Goto Area Marketing Manager, Cargo Handling, MacGregor. "This order follows four ships contracted in 2014 for the same series."

Further information for the press:
Hiroshi Goto, Area Marketing Manager, Cargo Handling, MacGregor, tel. +81 3 540 31963
Email: hiroshi.goto@macgregor.com
Tommi Keskilohko, Director, Customer Solutions, MacGregor, tel +358 40 574 2433
Email: tommi.keskilohko@macgregor.com

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

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

MacGregor is part of Cargotec. Cargotec's sales totalled approximately EUR 3.4 billion in 2014 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