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Press release

Cargotec to supply cargo-handling cranes and hatch covers to China for six container ships

5/5/2009

CARGOTEC CORPORATION  PRESS RELEASE May 5, 2009 at 12 p.m. EEST
 
Cargotec has received over EUR 10 million order for the supply of MacGREGOR cargo-handling cranes and lift-away hatch covers for a series of six 3,100 TEU container ships under construction at Chinese shipyard Rongcheng Shenfei Shipbuilding Co ltd. Delivery of the equipment will be 2010 - 2012.
 
MacGREGOR's supply for each vessel includes four GL cranes, one LC cylinder luffing crane, design and key components for 30 hatch cover panels. The cranes will be manufactured at  MacGREGOR's partner plant in China.
 
"Both the GL and LC cranes are well-proven in operation and boast excellent positioning performance. They have a long outreach and a weight-optimised robust design, and the machinery is weather-protected inside the crane house", Tore Jonsson, sales manager for MacGREGOR cranes says.
 
Further information for press:
Tore Jonsson, sales manager,  MacGREGOR Cranes, tel. +46 660 294 010
Tommi Keskilohko, sales manager, MacGREGOR Hatch covers, tel. +358 2 4121 440

Further information for investors:
Paula Liimatta, IR Manager, Cargotec, 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 totalled EUR 3.4 billion in 2008 and it employs approximately 11,000 people. Cargotec's class B shares are quoted on the NASDAQ OMX Helsinki.