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Press release

Cargotec Receives an Order to Develop Ship-to-Ship Vehicle Transfer System for US Navy

2/26/2008

Cargotec's MacGREGOR business area providing marine cargo handling and offshore solutions, has received an order from US Navy to develop a Test Article Vehicle Transfer System. The delivery of the system is set to be completed by the end of year 2009 and the value of the order is approximately EUR 13 million.
 
MacGREGOR will design, build and test the ship-to-ship vehicle transfer system, which is part of the US Navy's "Sea Base" plan supporting Army and Marine Corps land forces. With the help of the system large vehicles are able to pass from large medium-speed RoRo ships to a Mobile Landing Platform ship.
 
Sender:
Cargotec Corporation
 
Eeva Mäkelä
CFO
 
For further information, please contact:
Göran Hugon, Sales Manager, RoRo Division, MacGREGOR, tel. +46 31 850 812
Eeva Mäkelä, CFO, tel. +358 204 55 4281
 
Cargotec improves the efficiency of cargo flows by offering handling systems and the related services for the loading and unloading of goods. Cargotec's brands, Hiab, Kalmar and MacGREGOR, are global market leaders in their fields and their solutions are used on land and at sea - wherever cargo is on the move. Extensive repair and maintenance services close to customers ensure the continuous usability of equipment. Cargotec is the technology leader in its field, its R&D focusing on innovative solutions that take environmental considerations into account. Cargotec's sales are EUR 3 billion and the company employs over 11,000 people. Cargotec's class B shares are quoted on the OMX Nordic Exchange Helsinki.