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Press Release

Cargotec Receives Ship Crane Orders Worth Close to EUR 140 Million


Cargotec's MacGREGOR business area providing marine cargo handling and offshore solutions, has received during last six weeks significant ship crane orders. Altogether 390 cranes will be delivered during 2009-2011 and the value of the orders is close to EUR 140 million.
The ship cranes will be delivered for 101 general cargo, dry bulk cargo and container vessels that will be built in Chinese and Korean ship yards. The manufacturing of the equipment will be done by MacGREGOR's partner plants in China and Korea.
Cargotec Corporation
Kari Heinistö
Senior Executive Vice President and CFO
Eeva Mäkelä
SVP, Investor Relations and Communications
For further information, please contact:
Erik Hägglund, General Manager, Crane Division, MacGREGOR, tel.  +46 660 29 40 01
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 sales are EUR 2.8 billion. The company employs over 11,000 people and operates in close to 160 countries. Cargotec's class B shares are quoted on the OMX Nordic Exchange, Helsinki.


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