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2016-02-03

Cargotec Corporation: Kalmar delivers first Gloria reachstackers with new K-Motion technology in the Asia-Pacific region

CARGOTEC CORPORATION, PRESS RELEASE, 3 FEBRUARY 2016 AT 9 AM (EET)

Kalmar, part of Cargotec, and its New Zealand region dealership AB Equipment
have received an order from Quality Marshalling for two Kalmar Gloria
reachstackers equipped with new K-Motion drive line system. The machines will
be the first of their kind in the Asia-Pacific region, providing
industry-leading efficiency and environmental benefits to Quality
Marshalling's Tauranga Container Terminal and Timaru Container Terminal
operations in New Zealand.

The Kalmar K-Motion ground-breaking technology includes a new drive train
system embedded into the programming of the Kalmar Gloria reachstacker. This
new system increases machine efficiency and productivity by elevating uptime.
The machines also boast improved ergonomics and safety as well as reduced
fuel consumption and running costs.

Shayne Jenkins
, General Manager for Quality Marshalling, said: "We are looking for machinery
with increased reliability and cost efficiency. It is important to Quality
Marshalling that our machines are specified to our work sites and meet the
operational requirements in order to achieve efficiencies in rail and truck
turnaround. We have chosen the Kalmar Gloria reachstackers particularly for
the K-Motion transmission technology that promises significant cost savings
while also minimising idle time; in addition we recognise the new ergonomic
cab will also enhance our operator's performance."

Quality Marshalling's Tauranga Container Terminal operation involves the
management of the rail exchange for the Port of Tauranga and Kiwi Rail for
containerised import and export cargo.

Quality Marshalling's Timaru Container Terminal operation provides the
handling of all containers, Receivables&Dispatch (R&D) and vessel loading for
Timaru Container Terminal Ltd. This arrangement includes the export and
import of containerised cargo for the South Canterbury and Canterbury
regions.

"The Kalmar machines are used as front line machines for loading and unloading
freight trains at both the Port of Tauranga and Timaru terminals around the
clock. The Kalmar machines at the Timaru site are also utilised to move
containers to and from the vessels when in port," Shayne Jenkins continues.

Quality Marshalling is a subsidiary of the Port of Tauranga providing 24/7
services to the container handling industry. Quality Marshalling's container
operations are currently handling 330,000 TEU per annum.

Kalmar K-Motion technology was introduced to the Asian market on 19 January
2016. The launch event, held in Shanghai, China, was attended by
approximately 160 people including customers, dealers and media.

Photo caption:

Kalmar K-Motion was launched for the Asian customers and dealers in January in
Shanghai, China.

Further information for the press:

Michael Wahab, General Manager, Mobile Equipment, Kalmar
Australia,michael.wahab@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 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

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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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Författare WKR

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