Cargotec - Company Announcement

Cargotec's Kalmar receives significant port equipment order of 23 RTG cranes and 79 terminal tractors from Colombia

CARGOTEC CORPORATION, STOCK EXCHANGE RELEASE, 8 OCTOBER 2015 AT 9 AM (EEST)


Cargotec's Kalmar receives significant port equipment order of 23 RTG cranes and
79 terminal tractors from Colombia


Kalmar, part of Cargotec, has won a significant order from its long standing
customers Sociedad Portuaria Region de Cartagena S.A. (SPRC) and Terminal de
Contenedores de Cartagena S.A. (Contecar) in Cartagena, Colombia. Both terminals
are owned and managed by Port of Cartagena Group. The order includes a total of
23 rubber-tyred gantry cranes (RTGs) and 79 Kalmar Ottawa T2 terminal tractors.
Kalmar will deliver five RTGs and 9 terminal tractors to SPRC and 18 RTGs and
70 terminal tractors to Contecar. The total value of the order is approximately
EUR 45 million, and the order has been booked into Cargotec's 2015 third quarter
order intake. The deliveries will take place between July and December 2016.

SPRC and Contecar have a long partnership with Kalmar, with an existing fleet of
two ship-to-shore cranes, 49 Kalmar E-One(2) RTGs, 92 terminal tractors, 22
reachstackers and two lift trucks in operation at their terminals. The latest
order is part of SPRC and Contecar's master expansion plan, in keeping with
their growing throughput and further enhancing their position as the leading
terminals in the Caribbean region. From their current volumes of 1,400,000 and
3,200,000 TEUs annually, the terminals are anticipating a rapid growth of 5 to
7% at SPRC and 8 to 11% at Contecar over the next five years.

Eduardo Bustamante, Operations Manager at SPRC and Contecar commented; "Our
relationship with Kalmar dates back to 1997. With a proven record of true
partnership and an order of this scale, there was no one else we would rely on.
Our main challenge over the next few years is how to manage the rapid growth
while remaining focused on serving our customers during the transitions
resulting from growth. Kalmar has support us as a reliable partner consistently
delivering value through quality products and support. We expect to continue to
achieve improved levels of productivity at lower operating costs with Kalmar
equipment. We are also considering partially automating our RTG operations, so
Kalmar, being the leader in this field, was a natural choice for us."

Kalmar is providing SPRC and Contecar a specially designed battery powered
electrical air conditioning system for terminal tractors to improve the operator
environment and reduce the impact on the environment with lower emissions and
reduced noise. The expected saving in fuel costs is 30%. The terminals will also
implement Kalmar SmartPath tracking system on the new terminal tractors after
delivery. Kalmar SmartPath improves efficiency by using location-based job
assignments. Equipment is automatically assigned to the closest job, which
reduces driving distances and fuel consumption, and speeds up the operations.

Dan House, Managing Director, Latin America, said: "SPRC operates with one of
the largest Kalmar RTG fleets globally and this agreement further demonstrates
the importance of long-term partnerships where continuous support remains
paramount in maintaining efficient terminal operations. The RTG cranes will come
prepared for future remote control and semi-automation features, which will be
added in the near future. We are also delighted that SPRC and Contecar chose the
new generation Kalmar Ottawa T2 terminal tractor, which was introduced to the
market last year. This is the largest single order for T2 in South America."



Further information for the press:

Dan House, Managing Director, Latin America, Kalmar, tel. +19085008843

Maija Eklöf, Vice President, Marketing and Communications, Kalmar, tel.
+358207774096, maija.eklof@kalmarglobal.com



Further information for investors:

Paula Liimatta, Director Investor Relations, tel. +358 20 777 4084



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 totaled approximately EUR 3.4 billion in
2014 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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