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Trade Press Release

Stena orders more RoRo ship conversions from Cargotec


CARGOTEC CORPORATION, TRADE PRESS RELEASE 3 SEPTEMBER 2010 AT 10.00 AM EESTIn August Cargotec received a further conversion contract from Stena Line for work onboard its 43,487gt RoPax vessel Stena Britannica. MacGregor equipment and conversion work for Stena Britannica includes the supply of two watertight side-hinged bulkhead doors for the lower hold and a new top-hinged passenger door on deck 8 that opens inwards. This new order has been added to earlier Stena conversion contracts awarded to Cargotec for six RoPax vessels, which were announced in April and June. "Each newbuilding is tailored to suit its intended trade and is designed to be safe, efficient and profitable," says Jonas Nordström, director of RoRo conversions at Cargotec. "If a ship moves to a new route and needs to be converted, it is important to involve experienced people with expert technical knowledge. We are happy to see Stena relying on our skills and expertise for its conversion projects".[ends]

Caption: Cargotec's run of conversion contracts for Stena include work onboard Stena Line's 39,169gt RoPax Stena GermanicaFor further information please contact:
Jonas Nordström, Director, RoRo Conversions, tel: +46 31 850 831


Heli Malkavaara, Communications Manager, tel: +358 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.

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