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Trade press release

Cargotec receives further full electric drive orders

9/9/2010

CARGOTEC CORPORATION, TRADE PRESS RELEASE 9 SEPTEMBER 2010 Cargotec has recently secured new orders that will see full sets of MacGregor RoRo electric drive equipment onboard two pure car carriers; taking Cargotec's orderbook of fully electrically-driven PCCs to five In May and June, Cargotec won two new orders for fully electrically-driven RoRo equipment onboard two pure car carriers (PCCs). "These new orders show that our customers appreciate the advantages that electrically-driven RoRo equipment offers," says Magnus Sjöberg, sales director for RoRo ships at Cargotec. "These advantages include reduced risk of cargo damage, as well as reduced environmental impact due to energy savings as continuous running is not required. They are also easy to monitor, and installation is easier and more cost efficient."The equipment is destined for two 6,400-unit PCCs being built at Shin Kurushima Toyohashi Shipbuilding Co., Ltd in Japan for two different domestic Japanese owners. Each vessel will feature an electrically-driven MacGregor stern quarter ramp, side ramp and six movable ramps.These new orders build upon Cargotec's growing electric-drive RoRo reference portfolio and follow its 2009-installation of electrically-driven internal equipment onboard four vessels for PD Gram & Co at Kyokuyo Shipyard in Japan. "Over the last few years, Cargotec has delivered, and been contracted to deliver, over 100,000m2 of electrically-operated MacGregor car decks, internal hoistable ramps and covers," adds Mr Sjöberg "The PD Gram vessels were the first car carriers with complete electric-drive operation of the MacGregor RoRo cargo access internal equipment -are were a breakthrough, and the result of Cargotec's intensive R&D work, responding to customers wanting to move away from the use of hydraulic oil completely. The increase in uptake of electric drives on board RoRo ships has been due to numerous factors including an environmental one, but one other technical reason for this development is the availability of improved electric drives, in the form of screwjack drives, to replace the hydraulic cylinders used for operating smaller items or in cleating and locking devices. Also, car manufacturers are putting pressure on owners to reduce the level of damage to cargo;Japanese companies,like Toyota, are leading this improvement. [ends]For further information please contact:
Magnus Sjöberg, Sales Director, RoRo Ships, tel. +46 31850819
Email: or Heli Malkavaara, Communications Manager, tel: +358 (0)2 4121 252

Notes to editors

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 2009 and it employs approximately 9,500 people. Cargotec's class B shares are quoted on the NASDAQ OMX Helsinki.

MacGregor is the global market-leading brand in marine cargo handling and offshore load-handling solutions. Customer-driven MacGregor engineering and service solutions for the maritime transportation industry and the offshore load-handling and naval logistics markets are used onboard merchant ships, offshore support vessels, and in ports and terminals.