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Press Release

Cargotec Receives Hatch Cover Orders for 39 Container Ships Worth More than EUR 25 million

8/13/2008

Cargotec's MacGREGOR business area providing marine cargo handling and offshore load handling solutions has received significant hatch cover orders for 39 container ships being built in South Korea for various ship owners. The orders include design and fabrication for eight ships, and design and key components for 31 ships. Orders will be delivered during 2009 - 2011 and the value of the order is more than EUR 25 million. 
 
The hatch covers will be manufactured by MacGREGOR partner plants in China.
 
 
Sender:
Cargotec Corporation
Eeva Mäkelä
CFO
 
Further information for the press:
Esko Karvonen, General Manager, Dry Cargo Division, MacGREGOR,
tel. +358 (0)2 4121 314
Aija Kalander, Vice President External Communications, tel. +358(0)40 555 1637
 
Further information for investors:
Paula Liimatta, IR Manager, tel. +358 (0)204 55 4634

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 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 exceed EUR 3 billion and the company employs approximately 12,000 people. Cargotec's class B shares are quoted on the OMX  Nordic Exchange Helsinki.
 
www.cargotec.com