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Press Release

Cargotec Wins STS-Crane Order for New Port in Helsinki


Kalmar, the business area providing container handling solutions within Cargotec, has won order from Finnsteve of four ship-to-shore (STS) cranes to the new Vuosaari Port in Helsinki, Finland.
The cranes are capable of operating Post-panamax vessels in Twin-Lift operation.
Preparation is made for future Tandem-Lift operation. The cranes will be fully operational as per November 2008.
The cranes are of the modular type, which Kalmar successfully introduced in 2001 and very similar to the 31 units delivered to various customers in Antwerp in the past 2 years.
The Vuosaari port in Helsinki, Finland will be the most modern harbour in the Baltic Sea. The operations of two smaller Helsinki ports will be moved there in the end of 2008. Traffic channels will be ready at this time, along with most of the business park. The port is planned to reach its full extent in 2009.
Cargotec Corporation
Kari Heinistö                                                   
Senior Executive Vice President and CFO  
Eeva Mäkelä
SVP, Investor Relations and Communications
For further information, please contact:
Christer Granskog, President, Kalmar, tel. +358 204 55 4776
Eeva Mäkelä, SVP, Investor Relations and Communications, tel. +358 40 727 6766
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.


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