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Press Release

Cargotec Receives Order for 30 Straddle Carriers from Italy

06/08/2007

 
Kalmar, the business area providing container handling solutions within Cargotec, has received an order for 30 straddle carriers from Italian Medcenter Container Terminal SpA (MCT). The straddle carriers will be delivered at the end of year 2007 and in the beginning of 2008 to MCT's terminal in Gioia Tauro in Southern Italy. MCT already has 100 Kalmar straddle carriers in use.
 
MCT is one of the most significant transshipment operators in the Mediterranean area. It handles over 3 million TEU annually. Straddle carriers are ideally suited to transshipment hubs because of their flexibility and versatility: the same machine transports, loads, unloads and stacks containers. At the MCT terminal each straddle carrier handles approximately 30,000 containers per year.
 
The unit price of a straddle carrier varies between EUR 700,000-900,000.
 
 
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 sales are EUR 2.8 billion. The company employs over 10,000 people and operates in close to 160 countries. Cargotec's class B shares are quoted on the Helsinki Stock Exchange.
 

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