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Stock Exchange Release

Cargotec receives a major order to deliver a fully automated straddle carrier system to Asciano in Australia

03/09/2012

CARGOTEC CORPORATION, STOCK EXCHANGE RELEASE, 3 SEPTEMBER 2012 AT NOON (EEST)
 
Cargotec has received a major order to deliver 44 automated straddle carriers (AutoStrad®) and related automation technology to Asciano's Container Terminal at Port Botany in Sydney, Australia. The deliveries of Kalmar ESC350WA straddle carriers are scheduled between end of 2013 and early 2014.  
 
"Automation has already proven its efficiency in Asciano's Container Terminal at Fisherman Island's in Brisbane, the world's first fully automated terminal with radar based navigation technology.  With this deal we will provide both the technology and equipment to the second terminal that will be totally operated with our AutoStrad® system. With operations and unique automation competencies in the Sydney area, Cargotec is perfectly located to supply a total solution including equipment, services and automation solution, pre-integrated with each other," says Peter McLean, Vice President, Australia and New Zealand at Cargotec. 
 
The cooperation between Cargotec and Asciano's Container Terminal division, Patrick, spans over a quarter of a century. Automated straddle carrier trial operations were initiated in 2000 and, following their success, the machines commenced large-scale commercial operations in Brisbane in December 2005. The companies developed the AutoStrad® system in partnership until June 2012, when Cargotec acquired the automation technology assets including the AutoStrad® trademark and a transfer of 23 employees from Asciano.
 
For further information please contact:
Peter McLean, Vice President, Australia New Zealand, tel. +61 9234 7006
Anne Westersund, Vice President, Communications and Marketing, tel. + 358 20 777 4460
 
More information for the investors:
Paula Liimatta, Investor Relations Director, tel. +358 20 777 4084
 
 
Cargotec improves the efficiency of cargo flows on land and at sea - wherever cargo is on the move. Cargotec's daughter brands, Hiab, Kalmar and MacGregor are recognised leaders in cargo and load handling solutions around the world. Cargotec's global network is positioned close to customers and offers extensive services that ensure the continuous, reliable and sustainable performance of equipment. Cargotec's sales totalled EUR 3.1 billion in 2011 and it employs approximately 10,500 people. Cargotec's class B shares are quoted on NASDAQ OMX Helsinki under symbol CGCBV. www.cargotec.com

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