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2016-12-15

Cargotec Corporation: Kalmar to deliver 93 terminal tractors to long-standing customer PTP in Malaysia

CARGOTEC CORPORATION, PRESS RELEASE, 15 DECEMBER 2016 AT 11 AM (EET)

Kalmar, part of Cargotec, has extended its long cooperation with Port of
Tanjung Pelepas (PTP) in Malaysia by providing them with 93 terminal tractors
for container handling. The approx. EUR 5 million purchase was booked in
Cargotec's 2016 third quarter order intake, with first deliveries taking
place in December 2016.

PTP is Malaysia's largest container terminal and is currently ranked 18th in
the Top Container Ports Ranking 2015. Last year, PTP continued to grow and
expand its business in the region in spite of the gloomy global economic
landscape by recording a total throughput of 9.17 million TEUs or an increase
of 7% total growth as compared to 2014.

Kalmar 4x2 medium terminal tractors to be delivered to PTP are manufactured in
Shanghai, China with the design and offering specially optimised for the
Asian market. The PTP units have a gross combination weight of 70 tonnes and
they will be used to handle containers.

Colin Cen
, Sales Support Manager of Kalmar APAC says: "We are very pleased to cooperate
with PTP. Our aim is to help PTP to improve the efficiency of their every
move and lower their operating costs with our high quality terminal tractors.
Our factory in Shanghai is fully committed and working at full speed to
deliver the ordered machines on time as promised. This is our largest
terminal tractor order to date in Malaysia."

Further information for the press:

Chloe Chua, Sales Administration Manager, Cargotec Terminal Solutions
(Malaysia) Sdn Bhd, tel. +603 31762998,Chloe.Chua@kalmarglobal.com

Maija Eklöf, Vice President, Marketing and Communications, Kalmar, tel. +358
20 777 4096,maija.eklof@kalmarglobal.com

Kalmar offers the widest range of cargo handling solutions and services to
ports, terminals, distribution centres and to heavy industry. Kalmar is the
industry forerunner in terminal automation and in energy efficient container
handling, with one in four container movements around the globe being handled
by a Kalmar solution. Through its extensive product portfolio, global service
network and ability to enable a seamless integration of different terminal
processes, Kalmar improves the efficiency of every move.www.kalmarglobal.com

Kalmar is part of Cargotec. Cargotec's (Nasdaq Helsinki: CGCBV) sales in 2015
totalled approximately EUR 3.7 billion and it employs over 11,000
people.www.cargotec.com

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This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq 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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