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Press Release

Cargotec Receives an Additional Equipment Order from Container Terminal in Hamburg

26/11/2007

Kalmar, the business area providing container handling solutions within Cargotec, has received an additional order from The Port of Hamburg's biggest container terminal operator, Hamburger Hafen und Logistik AG (HHLA). Kalmar will supply nine more automatic stacking cranes (ASC) for the second phase in the conversion of HHLA Container Terminal Burchardkai (CTB). This new order is in addition to the first order of 15 ASCs. Delivery of this second order for nine cranes, along with their automation and control systems, will commence in 2008.
 
The total number of ASCs operating at CTB will reach 24 units in 2009. The contract with HHLA includes an option for an additional 63 ASCs.
 
HHLA aims to double CTB's capacity from 2.6m to 5.2m TEU by re-engineering the operation and converting the main part of the conventional straddle carrier container storage area to an ASC system by the year 2015. HHLA also expects to improve productivity significantly. During the conversion process, all existing terminal operations will continue uninterrupted as capacity gradually increases.
 
Sender:
Cargotec Corporation
 
Kari Heinistö
Senior Executive Vice President and CFO
 
Eeva Mäkelä
SVP, Investor Relations and Communications
 
For further information, please contact:
Pekka Vauramo, President, Kalmar, tel. +358 204 55 4873
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 sales are EUR 2.8 billion. The company employs over 11,000 people and operates in close to 160 countries. Cargotec's class B shares are quoted on the OMX Nordic Exchange, Helsinki.
 
www.cargotec.com