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Press release Cargotec

Cargotec bridges the automation gap in terminals' container flows

2/28/2012

 CARGOTEC CORPORATION, PRESS RELEASE, 28 FEBRUARY 2012 AT 10:00 A.M. EET

Cargotec has expanded its portfolio with an automated lashing platform for fully automated quayside twistlock handling. Under the terms of an exclusive global licensing agreement, Cargotec has assumed full responsibility for KALP GmbH's automated lashing platform products and services. The platforms will be rebranded under Cargotec's daughter brand Kalmar.

Today, stevedores manually remove twistlocks during the discharge process and fix them during the load process. Cargotec can now bridge the automation gap between ship to shore cranes and horizontal transportation. The innovative automated lashing platform is the only fully automated coning and de-coning device on the market for use in ports.

"Our objective is to make container handling as efficient as possible. Optimising the flow of containers in a terminal requires improved efficiency in all phases, from ship to truck. The system is designed for all marine container terminals seeking reduced costs, higher productivity and worker safety. By using automation to insert and remove semi automatic twistlocks on the quayside, the time for coning and de-coning is reduced from more than 20 to less than 1 second. When you save around 20 seconds per container, there is an obvious boost to productivity, especially when unloading ships with thousands of containers," says Frank Kho, Senior Vice President of Terminal Projects and Offerings, Cargotec.

A ship to shore crane places the container directly on the platform, which de-cones the twistlocks. Unlike other solutions on the market place, this system needs no external power and produces zero emissions. It can handle most twistlock types in everyday use. Other features include high capacity, with the capability to discharge and load all containers from a 14,000 TEU vessel, as well as remote control and optional communications integration with a terminal operating system (TOS).

Further information for the press:

Frank Kho, Senior Vice President, Terminal Projects and Offerings, tel. +65 6597 3888
Anne Westersund, Vice President, Communications and Marketing, tel. + 358 20 777 4460

Further information for investors:

Paula Liimatta, Investor Relations Director, tel. +358 20 777 4084
Cargotec improves the efficiency of cargo flows on land and at sea - wherever cargo is on the move. Cargotec's daughter brands, Hiab, Kalmar and MacGregor are recognised leaders in cargo and load handling solutions around the world. Cargotec's global network is positioned close to customers and offers extensive services that ensure the continuous, reliable and sustainable performance of equipment. Cargotec's sales totalled EUR 3.1 billion in 2011 and it employs approximately 11,000 people. Cargotec's class B shares are quoted on NASDAQ OMX Helsinki under symbol CGCBV. www.cargotec.com