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Press Release

Cargotec Receives Hatch Cover Orders Worth Close to EUR 40 Million from Korea

11/12/2007

Cargotec's MacGREGOR business area providing marine cargo handling and offshore solutions, has during November received hatch cover orders from various Korean shipyards. The equipment will be delivered for 31 shipsets during 2008-2010 and the value of the orders is close to EUR 40 million.
 
The orders consist in total of over 1,600 panels of lift-away weatherdeck hatch covers and they will be deliverd for container vessels with capacities ranging from 2,000 to 13,300 TEUs. The vessels have been ordered by different ship owners from China, Greece, France and Germany.
 
 
Sender:
Cargotec Corporation
 
Kari Heinistö
Senior Executive Vice President and CFO
 
Eeva Mäkelä
SVP, Investor Relations and Communications
 
For further information, please contact:
Ilkka Lyytikäinen, Sales Manager, Container Ships, tel. +358 2 4121 225
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.
 

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