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Press Release

Cargotec Receives E-One RTG Order from Vietnam

03/05/2007

Kalmar, the business area providing container handling solutions within Cargotec, has received an order for 10 E-One RTGs (rubber-tyred gantry cranes) from Saigon Newport Company (SNP). The RTGs will be delivered during spring 2008 to SNP's container terminal Tan Cang - Cat Lai. The units will be equipped with Kalmar's container position verification system, Smartpath®.
 
Tan Cang - Cat Lai container terminal is one of the biggest and most modern international container terminals in Vietnam. It is situated near industrial parks and close to Ho Chi Minh City. In 2006 the terminal handled approximately 1.5 million TEU and expects to handle 1.7 million  TEU in year 2007. A TEU stands for one 20-foot container. 
 
The environmentally friendly and productive E-One RTGs are all-electric cranes without hydraulics. Unit prices for RTGs vary between EUR 1-1.5 million.
 
Sender:
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. +358 204 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 approximately 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
 

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