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Cargotec Corporation: Cargotec's MacGregor receives USD 21 million order for optimised cargo handling systems for five container vessels


Cargotec's MacGregor receives USD 21 million order for optimised cargo
handling systems for five container vessels

MacGregor, part of Cargotec, has received an order worth USD 21 million for
optimised cargo handling systems for five 10,500 TEU container vessels. The
ships are under construction at South Korean shipyard Hyundai Samho Heavy
Industries and are being built for German operator Hapag-Lloyd. They are
planned for delivery between October 2016 and May 2017 and will primarily be
deployed on South American routes.
"Cargo system flexibility during loading and unloading operations, in
combination with attaining a vessel's actual payload capacity, is crucial for
maximising a ship's revenue and long-term profitability," says Tommi
Keskilohko, Director at MacGregor's Customer Solutions. "Such efficiency can
only be achieved when all parts of a cargo system are designed as one
integrated element at an early stage of any newbuiding project, before any
restrictive decisions have been made.

"MacGregor is pleased to be working together with Hapag-Lloyd and Hyundai
Samho Heavy Industries on this new project," adds Mr Keskilohko. "In fact,
its relatively tight schedule would not have been feasible without this
forward-thinking approach and seamless cooperation between all parties."
The optimised MacGregor cargo handling system for each new vessel will
comprise hatch covers, lashing bridges, a loose lashing system and container
fittings, along with related software and a lifecycle support package.

MacGregor will support Hapag-Lloyd in maximising the cargo system's full
potential through a training programme for crew and land-based personnel.
Cargo system performance will be analysed and guidance offered. MacGregor
markets its optimised full cargo system solutions for container ships under
the name MacGregor PlusPartner.

Further information for the press:
Tommi Keskilohko, Director, Customer Solutions, MacGregor, tel. +358 40 574
Heli Malkavaara, Communications Manager, MacGregor, tel. +358 20 777 4500,

More information for investors:
Paula Liimatta, Director, Investor Relations, tel. +358 20 777 4084

Cargotec shapes the cargo handling industry for the benefit of its customers
and shareholders. Cargotec's business areas MacGregor, Kalmar and Hiab are
recognised leaders in cargo and load handling solutions around the world.
Their global network is positioned close to customers and offers extensive
services that ensure a continuous, reliable and sustainable performance
according to customers' needs. Cargotec's sales totalled approximately EUR
3.4 billion in 2014 and it employs approximately 11,000 people. Cargotec's
class B shares are quoted on NASDAQ OMX Helsinki Ltd under symbol


This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Cargotec Corporation via Globenewswire


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