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Press release

Cargotec Receives Significant RoRo Equipment Orders from Several Shipowners

6/27/2007

Cargotec's MacGREGOR business area providing marine cargo handling solutions has received RoRo access equipment orders for Pure Car and Truck Carriers (PCTCs) and RoRo vessels from several shipowners. The vessels will be built at the Hyundai Mipo shipyard in Korea. The RoRo access equipment will be delivered between 2008 and 2010 and the value of the orders is approximately EUR 25 million.
 
MacGREGOR's contracts include the design and fabrication of RoRo access equipment and design and key components for hoistable car decks for five RoRo vessels ordered by Italian Grimaldi, six PCTCs ordered by Greek Neptun Lines and four PCTCs ordered by Vroon B.V. from the Netherlands.
 
Sender:
Cargotec Corporation
 
Kari Heinistö
Senior Executive Vice President and CFO
 
Eeva Mäkelä
SVP, Investor Relations and Communications
 
For further information, please contact:
Magnus Sjöberg, Sales Manager, MacGREGOR RoRo division, tel. +46 3185 0700
Eeva Mäkelä, SVP, Investor Relations and Communications, tel. +358 204 55 4281
 
Cargotec is the world's leading provider of cargo handling solutions whose products are used in the different stages of material flow in ships, ports, terminals, distribution centers and local transportation. Cargotec Corporation's brands, Hiab, Kalmar and MacGREGOR, are market leaders in their fields and well-known among customers all over the world. Cargotec's net sales are EUR 2.7 billion. The company employs over 9,000 people and operates in close to 160 countries. Cargotec's class B shares are quoted on the Helsinki Stock Exchange.
 
www.cargotec.com