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Press release

Cargotec Receives Ship Crane and Hatch Cover Order

07/06/2007

Cargotec's MacGREGOR business area providing marine cargo handling solutions has received an order for 8 heavy-lift ship cranes and 8 standard ship cranes from Chinese shipyard COSCO Dalian. In addition, MacGREGOR will deliver design and key components for folding and lift-away hatch covers ordered by COSCO Dalian. The ship cranes and hatch covers will be delivered during 2008-2009 for four Chipolbrok vessels and the value of the order is approximately EUR 16 million.
 
The ship cranes will be manufactured at MacGREGOR's partner plant Nanjing Lüzhou Machine Works in China. The lifting capacity of the cranes in team mode is 640 tonnes to 16 meters and the cranes will be equipped with auxiliary hoist winches to maximise container handling rates.
  
 
Sender:
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 (SWE) AB, +46 660 294 176
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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