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Stock Exchange release

Cargotec receives major port equipment order from DP World Australia

9/5/2012

CARGOTEC CORPORATION, STOCK EXCHANGE RELEASE, 5 SEPTEMBER 2012 AT 9 A.M. (EEST)
 
Cargotec has received a major order to deliver 14 Kalmar automatic stacking cranes and 14 Kalmar one-over-one shuttle carriers to DP World Brisbane Pty Limited in Australia. The equipment will be taken into use at the Port of Brisbane. DP World Brisbane will also be using Navis Sparcs N4 TOS in their Brisbane terminal expansion. Deliveries of the equipment are scheduled for 2013 and early 2014. The parties have agreed not to disclose the transaction value.
 
"The Port of Brisbane is the fastest growing port in Australia and is therefore of key significance to DP World. Cargotec's package delivery of cranes and the ease of integration with Navis terminal automation solution, combined with strong local service support were the main factors that enabled negotiations to achieve such positive results," says Peter McLean, Vice President, Australia and New Zealand. "We will also continue to support DP World with parts and service from our Brisbane service centre to ensure maximum performance of the equipment."
 
"We are expanding our terminal in Brisbane through the development of new yard area, and decided to opt for automatic stacking cranes and manual shuttle carriers  to maximise the capacity and efficiency,  focused on the growing needs of our customers," says Mark Hulme, Director and General Manager, DP World Brisbane. "We have a long relationship with Cargotec and have always been pleased with their expertise and the quality of their equipment and solutions. In the end, to select Cargotec as our preferred supplier was a natural choice, especially given there will be similar operating equipment at the London Gateway project."
 
DP World operates four container terminals in Australia. In 2011, DP World chose Cargotec to be the preferred partner to supply 40 Kalmar automatic stacking cranes with related technology and 28 Kalmar shuttle carriers to DP World's London Gateway project.
 
Further information for the press:
Peter McLean, Vice President, Australia and New Zealand, tel. +61 9234 7006
Anne Westersund, Vice President, Communications and Marketing, tel. +358 20 777 4460
 
Further information for investors:
Paula Liimatta, Director, Investor Relations, 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