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Press Release

Cargotec Receives an Order to Supply 30 Shipsets of Tanker Cranes to Chinese Yard

12/03/2008

Cargotec's MacGREGOR business area providing marine cargo handling and offshore solutions, has received an order for 120 cranes for tankers. The tankers will be built at Jiangsu Rongsheng Shipbuilding Co in China for Turkish, Norwegian, Russian and Cypriot owners. The value of the order exceeds EUR 10 million.
 
 The provision and hose handling cranes will be delivered 2008 - 2010. The cranes will be manufactured in China by MacGREGOR partner plant.
 
Sender:
Cargotec Corporation
 
Eeva Mäkelä
CFO
 
For further information, please contact:
Anders Berencsy, Sales Manager, Crane division, MacGREGOR (SWE) AB,
tel. +46 660 29 41 85 
Minna Karhu, Vice President, Corporate Communications,
tel. +358 (0)204 55 4630
 
 
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.
 
www.cargotec.com

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