CARGOTEC CORPORATION, TRADE PRESS RELEASE, 1 OCTOBER 2012 AT 10 AM (EEST)
Cargotec received an order for four Kalmar E-One2 Zero Emission RTG cranes from International Transportation and Trading Joint Stock Company (ITC Corp) from Vietnam to their new port at Phu Huu Ward Dist 9, Ho Chi Minh City. The four RTG cranes are part of the first phase, which can handle 2,000 TEU container ships and 36,000 DWT ships. The delivery of the cranes is scheduled for the first quarter of 2013.
ITC Corp was established in 2001, specialising in maritime transportation and many other fields of multimodal transportation, forwarding and trading seaport operation. ITC has embarked on an investment plan of over US$ 180 million, which includes the construction of the new Phu Huu Ward port. Construction commenced in 2010 and comprises an area of 41 hectares with a 900 meter pier. The first phase of the port, featuring a 600 meter long pier, is set for operations in the second quarter of 2013.
An important incentive for the decision for Cargotec was the environmentally friendly nature of the Kalmar RTG's. An additional advantage is that the energy consumption is reduced by more than 30%, creating a competitive advantage for the port by ensuring lower operational costs.
The whole Kalmar E-One2 product family including the Zero Emission RTG with electric power supply helps customers to meet the latest environmental demands without sacrificing operational productivity and lifetime cost efficiency. The E-One2's maintenance interval of 1,000 hours, for both crane and optionally for engine, remains by far the longest in the industry and considerably increases terminal operational efficiency.
Further information for the press:
Edward Houng, Vice President, Terminal business, APAC, tel. +65973988, email@example.com
Maija Eklöf, Director Communications and Marketing, Terminals, tel. +358207774096, firstname.lastname@example.org
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