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Press Release

Cargotec Receives Orders for 25 Straddle Carriers

6/19/2007

Kalmar, the business area providing container handling solutions within Cargotec, has received orders for 25 straddle carriers from Australia and Germany. Ten of the straddle carriers will be delivered to MSC Gate Bremerhaven and 15 to Patrick Corporation's container terminals located in Melbourne and Sydney. The straddle carriers will be delivered during 2007-2008.  
 
The 10 straddle carriers ordered by MSC Gate Bremerhaven are environmentally friendly EDRIVE® straddle carriers. Electrically controlled engines ensure low exhaust emissions and fuel consumption. The straddle carriers will be equipped with twin-lift spreaders and they can be fully automatized in future. The order is continuation to the order made by MSC Gate Bremerhaven earlier this year.
 
The 7th generation straddle carriers ordered by Patrick Corporation are also equipped with twin-lift spreaders with hoisting capacity of 50 tonnes. The straddle carrier model equipped with a CSC Smoothlift(TM) hoist unit are the best-selling straddle carrier in the world. The equipment delivered to the East Swanson Dock and Port Botany terminals are also environmentally friendly and they can be fully automatized in future. Patrick Corporation is a long-time customer of Kalmar and it has over 70 Kalmar straddle carriers operating in its terminals.  
 
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 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

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