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Press release

Cargotec Receives RoRo order from South Korea

11/14/2006

Cargotec's MacGREGOR business area providing marine cargo handling solutions has received a RoRo equipment order from Korean Daewoo Shipbuilding & Marine Engineering (DSME) for four Pure Car and Truck Carriers (PCTCs). The PCTSs that will be delivered to the world's largest car carrier operator Wallenius are the biggest in kind in the world today. The order value is approximately EUR 15 million.
 
The order consists of 95.000 sqm of complete car decks, 56 ramps and 16 doors ready to be installed to the four vessels. Delivery will be completed by end of 2008. The vessels that can carry up to 8,000 units will be built at DSME Okpo ship yard.
 
 
Sender:
Cargotec Corporation
 
Kari Heinistö  
Senior Executive Vice President and CFO  
 
Eeva Mäkelä
SVP, Investor Relations and Communications
 
 
For further information, please contact:
Karl-Axel Persson, Sales Manager, RoRo division, MacGREGOR, tel. +46 31 850 700
Eeva Mäkelä, SVP, Investor Relations and Communications, tel. +358 204 55 4281
 
 
Cargotec Corporation is the world's leading provider of cargo handling solutions, which are used in local transportation, terminals, ports, distribution centers, and ships. Cargotec's operations are divided into three strong, global business areas: Hiab, Kalmar, and MacGREGOR, each of which is the market leader in its own segment. In 2005 Cargotec's net sales exceeded EUR 2.3 billion. The company employs some 8,000 people and has activities in more than 160 countries. Cargotec's class B shares are listed on the Helsinki Stock Exchange.
 
www.cargotec.com