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2016-10-11

Cargotec Corporation: Kalmar wins another T2 terminal tractor order in the Middle East

CARGOTEC CORPORATION, PRESS RELEASE, 11 OCTOBER 2016 AT 10 AM (EEST)

Kalmar, part of Cargotec, has signed an agreement with Gulftainer Lebanon SAL
to supply six Kalmar T2 terminal tractors and one Kalmar DCF80-45E7 empty
container handler. The order was booked in Cargotec's 2016 third quarter
order intake and the first delivery will take place in October 2016. The rest
of the order will be delivered during the first quarter of 2017.

Established in 1976, Gulftainer is a privately owned, independent port
management and third-party logistics company based in the United Arab
Emirates. The company's international presence spans the Middle East, Europe,
and the Americas, with port activities in the UAE, Iraq, Brazil, Saudi
Arabia, and Lebanon. The new equipment will be delivered to the Port of
Tripoli in Lebanon.

Mr. Amatouri
, Board President at Gulftainer Lebanon, says: "As well as recognising the
overall quality of Kalmar equipment, we appreciated that Kalmar responded
promptly to all our requests. With this order we anticipate to reduce the
equipment downtime at our terminal and look forward to a successful business
relationship that is mutually beneficial for both parties."

'We are proud that Gulftainer chose Kalmar equipment to support their business
operations. We look forward to working together with them also in the
future.' saysRob van Klingeren
, Market Area Director Middle East.

Further information for the press:

Rob van Klingeren, Market Area Director, Kalmar Middle East and East Africa,
tel. +971501005738, rob.van.klingeren@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

Kalmar T2 terminal tractor
http://hugin.info/135578/R/2048130/765712.jpg
Kalmar T2 terminal tractor 2
http://hugin.info/135578/R/2048130/765713.jpg

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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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