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2016-03-14

Cargotec Corporation: Kalmar to deliver first rubber-tyred gantry cranes in Egypt

CARGOTEC CORPORATION, PRESS RELEASE, 14 MARCH 2016 AT 10 AM (EET)

Kalmar, part of Cargotec, will deliver four Kalmar E-One2 rubber-tyred gantry
cranes (RTGs) to Damietta Container&Cargo Handling Company (DCHC) in
Damietta, Egypt. The order has been booked into Cargotec's 2015 fourth
quarter order intake with a delivery and start-up date in 2016.

The Kalmar RTGs are set to boost container handling capacity as transshipment
is increasing in the Suez Canal area. DCHC is one of the largest container
terminals in Egypt's Mediterranean side, with ongoing capacity expansion
planned to cater to the increasing operational requirements of customers.

Mika Virtanen
, Vice President for RTG and STS cranes at Kalmar said: "We are delighted to
have gained this valuable order from a new RTG market for us. As terminal
operators gear up for higher container throughput, our RTGs can deliver
improved efficiency and cost reduction at various terminals around the
globe."

DCHC selected diesel-electric Kalmar E-One2 RTGs to facilitate the expansion
of their operations as they considerably improve handling efficiency and
lower operating costs. The cranes have the capability of handling 7+1 wide
with 1 over 5 high stacking and a maximum lift capacity of 41 tonnes. The
contract includes spare parts, training for operators and technicians as well
as inspection services for the cranes.

Further information for the press:

Mika Virtanen, Vice President, RTG and STS Cranes, Kalmar, tel. +358 20 777
5000
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 almost 11,000
people.www.cargotec.com

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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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