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Kalmar Stock Exchange Release

Cargotec's Kalmar awarded large repeat order of fifteen all-electric RTGs for Piraeus Container Terminal in Greece



Cargotec's Kalmar awarded large repeat order of fifteen all-electric RTGs for Piraeus Container Terminal in Greece

Kalmar, part of Cargotec, has signed a third large order for additional fifteen all-electric rubber-tyred gantry cranes with Piraeus Container Terminal (PCT) S.A. in Greece, a wholly-owned subsidiary of COSCO Pacific Limited. The value of the order is approximately EUR 20 million. Kalmar's previous deliveries to the terminal consisted of 12 all-electric RTGs in 2013 and nine all-electric RTGs in 2015.

"The zero-emission cranes, which are 9+1 wide and 1-over-6 high, will help us to achieve our goal of increasing capacity while meeting all the latest environmental demands," comments Mr Li Jianchun, Deputy General Manager of PCT, and adds: "These latest Kalmar E-One2 Zero Emission RTGs will be working in the Pier III expansion area, helping us to enhance capacity in the yard. The RTGs apply new technologies that enhance productivity, reliability and flexibility, which we consider to be tremendous achievements. The cranes will be manufactured in China at Rainbow-Cargotec Industries like the previous ones delivered by Kalmar. We have been extremely satisfied with both the crane quality and on-time deliveries."

"The order further consolidates our relationship with PCT", says Mika Virtanen, Vice President, STS and RTG Cranes at Kalmar. "Together with the Kalmar SmartRail automatic gantry steering system, the Kalmar all-electric RTGs offer an optimal solution to the customer's stringent requirements for safe operation around the yard, high capacity, zero carbon emissions and lower costs of ownership."

The Kalmar E-One2 RTG has a 41-ton SWL capacity. The highly efficient electric power system eliminates all emissions, engine noise and the need for hydraulic oils. It also helps the model achieve an industry-leading maintenance interval of 1,000 hours.

PCT operates Kalmar all-electric RTGs, straddle carriers, reachstackers, forklift trucks, empty container handlers and terminal tractors. The latest order of all-electric RTGs will be delivered in 2016 and 2017.


Further information for the press:

Mika Virtanen, Vice President, RTG and STS Cranes, Kalmar, tel. +358 20 777 5000

Maija Eklöf, Vice President, Marketing and Communications, Kalmar, tel. +358 20 777 4096


Further information for investors:
Paula Liimatta, Director, Investor Relations, tel. 358 20 777 4084


Cargotec shapes the cargo handling industry for the benefit of its customers and shareholders. Cargotec's business areas MacGregor, Kalmar and Hiab are recognised leaders in cargo and load handling solutions around the world. Their global network is positioned close to customers and offers extensive services that ensure a continuous, reliable and sustainable performance according to customers' needs. Cargotec's sales in 2014 totalled approximately EUR 3.4 billion and it employs approximately 11,000 people. Cargotec's class B shares are quoted on NASDAQ OMX Helsinki Ltd under symbol CGCBV.


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