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2014-05-28

Cargotec Corporation: Kalmar to heighten three ship-to-shore cranes for Terminal de Contenidors de Barcelona, S.L. in Spain

CARGOTEC CORPORATION, PRESS RELEASE, 28 MAY 2014 at 9 AM (EEST)

Kalmar, part of Cargotec, has been awarded the contract to increase the
operating height of three ship-to-shore (STS) cranes by six metres for
Terminal de Contenidors de Barcelona, S.L. (TCB) in Spain. The project has
been generated in anticipation of increased container traffic brought about
by the arrival of larger vessels at the port of Barcelona. The order was
signed in April 2014. The work is expected to begin in the third quarter of
2014 with completion for all three cranes by the end of this year.

Terminal de Contenidors de Barcelona at Muelle Sur wharf, with a current
annual capacity of 2.3 million TEU, is one of the main logistics platforms in
the Mediterranean. Its focus is the development of intermodal container
traffic throughout South Europe, where increasing its front line
ship-to-shore crane capacity is an important strategic development for the
business and its competitive positioning in the market.

The cranes, originally provided by another supplier, will be heightened by
Kalmar's Crane Upgrades team in the region. The scope includes complex
engineering works and coordination of the project through to completion.
Heightening an STS crane, which can weigh up to 2000 tonnes, involves the use
of Kalmar's specialist jacking device in order to insert heightening
construction and raise the whole crane by six metres, reaching 47m under
spreader. Additionally, to maintain the rigidity of the structure, the sill
beam is strengthened and braces are installed on the waterside portal frame.

Gonzalo Serrano
, Equipment Director at the Grup TCB: "With the arrival of larger vessels it
was imperative that we found an effective solution to increase the handling
capacity of our STS cranes and maintain maximum container throughput.
Kalmar's expertise on crane upgrades really ticked all the boxes for us. Not
only were they able to offer a highly innovative engineering solution but
also provide an impressive timing schedule, meaning the minimum disruption to
our operations. We are confident that the project is in the right hands."

"Kalmar has a lot of experience in similar type of successful projects
worldwide," saysEduardo Prat
, Vice President, EMEA South, Kalmar. "Our combination of competencies
including consultancy, engineering and planning all the way to execution
makes us unique. We are proud that we can help Terminal de Contenidors de
Barcelona to build their future success."

Further information for the press:

Eduardo Prat, Vice President, EMEA South, Kalmar, tel. +34 609 02 95
00,eduardo.prat@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 EUR 3.2 billion in 2013
and it employs approximately 11,000 people. Cargotec's class B shares are
quoted on NASDAQ OMX Helsinki under symbol CGCBV.www.cargotec.com

Photo
http://hugin.info/135578/R/1788982/614807.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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