Cargotec - Company Announcement

Cargotec's MacGregor receives USD 77 million order for high efficiency cargo handling solutions from Hyundai Heavy Industries

CARGOTEC CORPORATION, STOCK EXCHANGE RELEASE 22 NOVEMBER 2013 AT 1.00 PM (EET)

MacGregor, part of Cargotec, has received an order worth USD 77 million for
optimised cargo handling systems for five A-14-series and five A-18-series
container vessels from Hyundai Heavy Industries Co Ltd in South Korea.The
14,000 TEU and 18,000 TEU ships are built for the United Arab Shipping Company
(UASC) and they are scheduled for delivery between 2014 and 2015. The shipyard
holds options for an additional five A-14-vessels and one A-18-vessel.

These new series of container ships will feature optimised MacGregor cargo
handling solutions designed to maximise cargo carrying capability and
operational efficiency. The MacGregor cargo handling system comprises hatch
covers, a comprehensive lashing system and product software "Lashmate(TM)"."A five-year extended MacGregor Onboard Care (MOC) agreement and a five-year
functional guarantee are included in the contract," notes Jari Nieminen Sales
Director, MacGregor Dry Cargo. "Over this timeframe, to verify the benefits of
this optimised solution and to maximise the utilisation of the system's
potential, we will conduct cargo system performance analysis and support UASC
through a training programme, maintenance and spare parts services and advanced
logistics for loose lashings. "This level of support is developed to allow UASC
to focus on its key business," Mr Nieminen adds."Early involvement in a project provides a win-win situation," says Ari
Viitanen, Director, MacGregor Customer Solutions. "For these ships, the cargo
system has been designed as an integrated element, and as a result, we have been
able to maximise the number of payload TEUs onboard, which increases
profitability and reduces environmental impact by minimising emissions per TEU
carried."

Further information for the press:
Ari Viitanen, Director, Customer Solutions, MacGregor Dry Cargo, tel:
+358 40 827 2769
Esko Karvonen, Vice President,  MacGregor Dry Cargo, tel +358 2 4121 314

Further information for investors:
Eeva Sipilä, Executive Vice President, CFO, tel. +358 20 777 4104
Paula Liimatta, Director, Investor Relations, tel. +358 20 777 4084



Cargotec improves the efficiency of cargo flows on land and at sea - wherever
cargo is on the move. Cargotec's brands MacGregor, Kalmar and Hiab are
recognised leaders in cargo and load handling solutions around the world.
Cargotec's global network is positioned close to customers and offers extensive
services that ensure the continuous, reliable and sustainable performance of
equipment. Cargotec's sales totalled EUR 3.3 billion in 2012 and it employs
approximately 10,000 people. Cargotec's class B shares are quoted on NASDAQ OMX
Helsinki under symbol CGCBV. www.cargotec.com

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