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Trade Press Release

Cargotec to deliver MacGregor RoRo equipment worth more than EUR 20 million to South Korean shipyard

27/06/2011

CARGOTEC CORPORATION, TRADE PRESS RELEASE 27 JUNE 2011 AT 11:30 AM EESTIn June Cargotec signed a contract with Hyundai Mipo Dockyard Co. Ltd in South Korea to deliver MacGregor RoRo equipment for four deepsea ConRo vessels to be built for a Saudi Arabian owner. The MacGregor equipment will be delivered in 2012 - 2013.The contract includes 1600 tonnes of MacGregor equipment for each of the four vessels as follows:
- jumbo quarter ramp
- stern door
- two ramp covers
- several bulkhead doors
- two levels of hoistable decks and movable access ramps"These specialist ships are designed to carry general and project cargo as well as various type of RoRo cargo. Cargotec has great expertise and technical know-how in delivering flexible and efficient MacGregor cargo handling solutions to our customers," says Magnus Sjöberg, Sales Director for RoRo Ships at Cargotec. "Furthermore, we have a long and successful relationship with the shipyard and we understand their business and processes." [ends]Further information for press:
Magnus Sjöberg, Sales Director, RoRo Ships, tel. 46 31 850819
Email: magnus.sjoberg@cargotec.com or Heli Malkavaara, Communications Director, Marine tel +358 2 4121 252
Email: heli.malkavaara@cargotec.comNotes 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 2010 and it employs approximately 10,500 people. Cargotec's class B shares are quoted on NASDAQ OMX Helsinki under symbol CGCBV. www.cargotec.comMacGregor 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 inports and terminals. www.macgregor-group.com

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