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Kalmar Trade press release

Cargotec repeat RTG order builds on success in Vietnam

1/10/2012

CARGOTEC CORPORATION, TRADE PRESS RELEASE, 10 JANUARY 2012 AT 10 A.M. EET

Cargotec has received an order for two more Kalmar E-One² rubber-tyred gantry (RTG) cranes featuring Zero Emission(TM) technology to Tan Cang Technical Services Joint Stoke Company, one of subsidiary of Vietnam's leading terminal operator Saigon Newport (SNP). The order was received during the last quarter of 2011.

The deal follows the successful performance of six existing E-One² models at the Tan Cang Cat Lai Terminal in Ho Chi Minh City which SNP operates. They became the first Zero Emission(TM) RTGs in Asia when they were purchased earlier this year.

SNP is Vietnam's largest container terminal operator, handling 80 per cent of the import and export volumes in the Ho Chi Minh City area and nearly 50 per cent nationwide. SNP has ordered these two further RTGs to handle the continual growth in throughput which the Port of Ho Chi Minh City has experienced over recent years. Container traffic rose sharply from 2 million TEU in 2008 to 2.8million TEU by 2010 and continues to increase at the rapidly expanding Port.

Purchased along with an extensive stock of spare parts, the high specification 41-tonne capacity cranes specified by SNP have a lift height of 1 over 5 and a span of 6 + 1 for excellent productivity. In addition to the existing six Kalmar RTG models, SNP also operates ten Kalmar Ottawa terminal tractors supplied in 2010.

Having pioneered the Zero Emission(TM) RTG concept in 2002, the latest Kalmar E-One² is also Cargotec's most environmentally friendly RTG model ever produced. Not only do the machines receive mains power, but they regenerate energy when lowering loads, supplying the power back to the network so that the customer only pays for the actual energy it consumes. Also helping to reduce costs, the Zero Emission(TM) cranes feature the industry's longest service intervals. As the power unit can be eliminated, this further enhances uptime and keeps the terminal environment clean with no risk of oil leakages.

For further information, please contact:

Henry Tan, Director, Industrial & Terminal business, South & South East Asia, tel. +65 6 597 3888

Pauliina Koivunen, Public Relations Director, tel. +358 20 777 4205


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 2.6 billion in 2010 and it employs approximately 11,000 people. Cargotec's class B shares are quoted on NASDAQ OMX Helsinki under symbol CGCBV. www.cargotec.com