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Press Release

Cargotec Receives Orders for 48 Ship Cranes from China


Cargotec's MacGREGOR business area providing marine cargo handling solutions has in July received orders for 48 ship cranes that will be delivered for 12 container feeders built at Wenchong shipyard in China. The capacity of the container feeders is 2,800 TEU each. The ship cranes will be delivered during 2009-2012 and the value of the order is approximately EUR 17 million.
MacGREGOR and Wenchong have cooperated since 1990's and MacGREGOR's manufacturing partner CSSC - Nanjing Lüzhou Machine Company has delivered more than 140 ship cranes to Wenchong in the past 15 years.
Cargotec Corporation
Kari Heinistö
Senior Executive Vice President and CFO
Eeva Mäkelä
SVP, Investor Relations and Communications
For further information, please contact:
Kenneth Mellin, Sales Manager, Crane Division, MacGREGOR, tel. +46 660 29 41 76
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.
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