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Trade press release

Cargotec receives a port crane order from Russia

6/14/2011

CARGOTEC CORPORATION, TRADE PRESS RELEASE,14 JUNE 2011 AT12.00 NOONEEST

Cargotec has agreed to deliver one Kalmar ship-to-shore (STS) crane and one Kalmar rubber-tyred gantry (RTG) crane to JSC NEVA-METAL, a division of OAO Severstal, operating at the port of St. Petersburg. This will be Cargotec's first STS crane in Russia, further strengthening the company's presence in the country.

The contract was signed the second quarter of this year, and according to the agreement, the cranes are scheduled to be delivered in the second quarter of 2012.

NEVA-METAL specialises in the terminal handling of container and general cargo arriving by sea, rail and over-the-road. With global cargo volumes on the rise, the company decided to invest in state-of-the-art Kalmar container handling equipment to maximise its terminal productivity while keeping its costs in check.

The Russian stevedore opted for a Kalmar STS crane capable of serving Panamax vessels in twin-lift operation with a 36-metre outreach, 16-metre backreach and 28-metre hoisting height. The unit will feature optimised hoisting speeds that deliver accuracy and efficiency with very little energy consumption. The crane will operate without hydraulics requiring less time for maintenance and eliminating the potential for oil leakages - all combining to lower operating costs and improve the surrounding environment.

"Kalmar equipment is proven and innovative. The support we receive today from Cargotec's local organisation for our Kalmar reachstackers and forklifts is prompt and professional. This gave us the confidence to invest in Kalmar cranes featuring reliable, fuel efficient technologies which is leading in the industry," says NEVA-METAL's General Director, Mikhail Panov.

NEVA-METAL's Kalmar STS crane will feature an onboard electrical power generation set enabling regenerative energy flows. Due to the crane's innovative design, the diesel power generator is kept very small compared with traditional diesel powered STS cranes resulting in significantly less fuel usage.

Operational efficiency is also characteristic of Cargotec's widely-successful all-electric Kalmar E-One2 RTG. This model features improved quality and safety, the industry's lowest fuel consumption and longer maintenance intervals with better performance. The customer's request for Cargotec's 16-wheel design will not only cause less stress on the terminal surface but also minimises actual tyre wear.The main characteristics of the STS crane:

Safe working load on the ropes58 tonnes
Outreach36 metres
Railspan16,8 metres
Backreach16 metres
Hoisting height+28 / -15 metres
Hoisting speed45/90 metres / minute
Trolley travelling speed140 metres / minute
Gantry travelling speed45 metres / minute

For further information, please contact:

Tero Pajunen, General Director, Cargotec RUS LLC, Tel. +7 921 304 8900, tero.pajunen@cargotec.com

Elizabeth Gibson, Communications Manager, Tel. +1 785 214 1223, elizabeth.gibson@cargotec.comNotes to editorsCargotec 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 10,500 people. Cargotec's class B shares are quoted on NASDAQ OMX Helsinki under symbol CGCBV. www.cargotec.com

Cargotec's expertise in container and heavy load handling is represented in the global marketplace by the wide range of Kalmar solutions. This includes ship-to-shore cranes, yard cranes, shuttle and straddle carriers, reachstackers, empty container handlers, terminal tractors, log stackers, forklifts and automation. One in four container movements around the globe is handled by a Kalmar machine. www.kalmarind.com