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Press Release

Cargotec Receives Ship Crane and Hatch Cover Order from China


Cargotec's MacGREGOR business area providing marine cargo handling and offshore solutions, has received an order for ship cranes and hatch covers, which will be delivered for 10 general cargo ships. The ships will be built at a Chinese shipyard for German shipowner Herman Buss. The value of the order is approximately EUR 20 million.
The delivery of 40 ship cranes will start during spring 2009 and continue until year 2010. The hatch covers will be delivered during 2009-2010 and the order includes weatherdeck hatch covers as well as hydraulic system, fixed container lashing equipment for the deck and holds, and lift-away tweendeck hatch covers.
The shipowner Herman Buss is MacGREGOR's long time customer and it has several MacGREGOR hatch covers in its vessels. This was the first time Herman Buss ordered both ship cranes and hatch covers. The combined order will provide the customer several technical advantages.
Cargotec Corporation
Kari Heinistö
Senior Executive Vice President and CFO
Eeva Mäkelä
SVP, Investor Relations and Communications
For further information, please contact:
Anders Berencsy, Sales Manager, Crane Division, tel. +46 660 29 41 85
Tomi Sundell, Director, General Cargo Ships, Dry Cargo Division, tel. +358 2 412 1370 
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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