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Press Release

Cargotec Receives Significant Ship Crane Order from China

09/08/2007

 
Cargotec's MacGREGOR business area providing marine cargo handling solutions has received an order for 88 ship cranes from China. The ship cranes will be delivered during 2009-2011 for vessels that will be built at Yangzijiang shipyard. The value of the order is approximately EUR 27 million.
 
The ship cranes will be installed on bulk carriers, general cargo vessels as well as on container vessels ordered by several ship owners from Europe and North America. 42 of the ship cranes will be delivered for 7,600 dwt bulk carriers. Eight ship cranes will be delivered for 12,600 dwt general cargo vessels. Altogether 38 ship cranes will be delivered for 14 container vessels with capacities of 1,350 and 2,500 TEU.
 
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, 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 10,000 people and operates in close to 160 countries. Cargotec's class B shares are quoted on the Helsinki Stock Exchange.