Cargotec - Company Announcement

Cargotec's MacGregor secures large subsea crane order from ZPMC

CARGOTEC CORPORATION, STOCK EXCHANGE RELEASE 30 DECEMBER 2014 AT 11 AM (EET)

Cargotec'sMacGregor secures large subsea crane order from ZPMC


MacGregor, part of Cargotec, has received a large order from Shanghai Zhenhua
Heavy Industry Co Ltd (ZPMC). The contract is for four offshore cranes,
including a 400-tonne SWL active heave-compensated crane capable of deploying
3,000m of wire rope.

All four cranes will be fitted to a new 145m dive support vessel (DSV) under
construction at the yard for UK-based operator Sealion Shipping. Delivery of the
cranes to the Chinese shipyard is scheduled during third quarter of 2016.

Sealion is an offshore support company that manages and operates offshore
support vessels for Toisa. The DP3 vessel is equipped for worldwide operations
in the oil and gas sector and on ultra-deepwater projects. Delivery is planned
for early 2017.


Further information for the press:
Tom Harald Svennevig, Vice President, MacGregor Advanced Load Handling, tel.
+47 909 42 330
Heli Malkavaara, Communications Manager, MacGregor, tel. +358 20 777 4500,
heli.malkavaara@macgregor.com

Further information for investors:
Eeva Sipilä, Executive Vice President and CFO, tel. +358 20 777 4104


Cargotec shapes the cargo handling industry for the benefit of its customers and
shareholders. Cargotec's business areas MacGregor, Kalmar and Hiab are
recognised leaders in cargo and load handling solutions around the world. Their
global network is positioned close to customers and offers extensive services
that ensure a continuous, reliable and sustainable performance according to
customers' needs. Cargotec's sales totalled approximately EUR 3.2 billion in
2013 and it employs approximately 11,000 people. Cargotec's class B shares are
quoted on NASDAQ OMX Helsinki Ltd under symbol CGCBV. www.cargotec.com

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