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Trade Press Release

DP World orders four Kalmar E-One2 RTGs

25/03/2011

CARGOTEC CORPORATION, TRADE PRESS RELEASE, 25 MARCH 2011 AT 12.00 NOON EETCargotec has secured an order for its Kalmar E-One2 rubber-tyred gantry (RTG) cranes from DP World operating in Sydney, Australia. The new units will augment the customer's existing fleet of RTGs at their Port Botany terminal. Delivery of the cranes is scheduled for the fourth quarter of 2011.

Cargotec will supply DP World with four of its eight-wheeled, all-electric Kalmar E-One2 RTGs featuring load capacities of 41 tonnes and the ability to stack containers 8+1 wide and 1-over-5 high. The new machines will boast a top of the range specification, with DP World selecting fuel efficient variable speed generator (VSG) engines, as well as Cargotec's UniQ diagnostics tools and its automatic steering and container position verification system, Smartrail.

The agreement follows the positive experience gained by DP World in Sydney upon the delivery and operation of three Kalmar RTGs in 2006.

DP World operates terminals in Brisbane, Adelaide, Fremantle and Melbourne as well as Sydney and is a dominant terminal operator in the Australian container handling market. The investment fund Citi Infrastructure Partners, L/P/ (CIP) recently entered into a strategic partnership with the Dubai-based global container terminal operator, taking a 75 percent stake in the DP World Australia group. DP World will continue to retain a 25 percent stake in the Australian business and will manage the five container terminals under a long-term deal.


For further information, please contact:

Paul Michon, Global Director Sales and Services DP World, tel. + 971(4)885 75 60,

Elizabeth Gibson, Communications Manager, tel. +1 785 214 1223,


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 2010 and it employs approximately 10,000 people. Cargotec's class B shares are quoted on NASDAQ OMX Helsinki under symbol CGCBV.

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.