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2016-02-04

Cargotec Corporation: Kalmar delivers 27 straddle carriers to Maher Terminals LLC in Elizabeth, New Jersey, USA

CARGOTEC COPORTATION, PRESS RELEASE, 4 FEBRUARY 2016 AT 11 AM (EET)

Kalmar, part of Cargotec, has received a large order for 27 straddle carriers
from its long-term customer Maher Terminals LLC in Elizabeth, New Jersey,
USA. The order has been booked into Cargotec's 2015 third quarter order
intake and deliveries are expected to be completed during the spring 2016.

Maher Terminals is both renewing and expanding their straddle carrier fleet,
now with environmentally responsible diesel-electric power utilizing U.S.
EPA-mandated Tier 4 Final emission controls. The Kalmar ESC350
diesel-electric straddle carriers are rated for 50 metric tons (mt) with twin
20 feet containers or 40 mt with single containers. Included also in these
straddle carriers are special features to improve productivity and
performance in the challenging operating conditions of the customer.
Furthermore, the straddle carriers will be pre-tested in Kalmar's testing
facilities and delivered fully erected, allowing shorter installation and
commissioning time at the customer's site.

"Maher Terminals LLC is a long-standing customer of ours and we value the
relationship greatly. We are honored to be part of their development
activities," commentedRichard Pope
, Kalmar's manager of port crane sales in North America. "When the industry is
in transition driven by rapid technological, environmental and economic
developments, we are committed to provide state-of-the-art solutions."

Maher Terminals LLC is one of the largest multi user container terminal
operators in the world with highly efficient terminal operation. They have
launched a Sustainable Port Infrastructure Project to strengthen operations
while helping to reduce environmental impact and use of natural resources.

Further information for the press:

Richard Pope, Sales Manager, Port Cranes, Kalmar North America, tel.
+16094092811,richard.pope@kalmarglobal.com

Troy Thompson, Vice President, Ports and Terminals, Kalmar Americas, tel.
+19199491192,troy.thompson@kalmarglobal.com

Maija Eklöf, Vice President, Marketing and Communications, Kalmar, tel.
+358207774096maija.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 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 Helsinki Ltd under symbol CGCBV.
www.cargotec.com

Picture
http://hugin.info/135578/R/1983673/727057.jpg

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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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