Cargotec - Company Announcement

Cargotec's Kalmar awarded large repeat order of fifteen all-electric RTGs for Piraeus Container Terminal in Greece

CARGOTEC CORPORATION, STOCK EXCHANGE RELEASE, 17 DECEMBER 2015 AT 9 AM (EET)


Cargotec's Kalmar awarded large repeat order of fifteen all-electric RTGs for
Piraeus Container Terminal in Greece

Kalmar, part of Cargotec, has signed a third large order for additional fifteen
all-electric rubber-tyred gantry cranes with Piraeus Container Terminal (PCT)
S.A. in Greece, a wholly-owned subsidiary of COSCO Pacific Limited. The value of
the order is approximately EUR 20 million. Kalmar's previous deliveries to the
terminal consisted of 12 all-electric RTGs in 2013 and nine all-electric RTGs in
2015.

"The zero-emission cranes, which are 9+1 wide and 1-over-6 high, will help us to
achieve our goal of increasing capacity while meeting all the latest
environmental demands," comments Mr Li Jianchun, Deputy General Manager of PCT,
and adds: "These latest Kalmar E-One(2) Zero Emission RTGs will be working in
the Pier III expansion area, helping us to enhance capacity in the yard. The
RTGs apply new technologies that enhance productivity, reliability and
flexibility, which we consider to be tremendous achievements. The cranes will be
manufactured in China at Rainbow-Cargotec Industries like the previous ones
delivered by Kalmar. We have been extremely satisfied with both the crane
quality and on-time deliveries."

"The order further consolidates our relationship with PCT", says Mika Virtanen,
Vice President, STS and RTG Cranes at Kalmar. "Together with the Kalmar
SmartRail automatic gantry steering system, the Kalmar all-electric RTGs offer
an optimal solution to the customer's stringent requirements for safe operation
around the yard, high capacity, zero carbon emissions and lower costs of
ownership."

The Kalmar E-One2 RTG has a 41-ton SWL capacity. The highly efficient electric
power system eliminates all emissions, engine noise and the need for hydraulic
oils. It also helps the model achieve an industry-leading maintenance interval
of 1,000 hours.

PCT operates Kalmar all-electric RTGs, straddle carriers, reachstackers,
forklift trucks, empty container handlers and terminal tractors. The latest
order of all-electric RTGs will be delivered in 2016 and 2017.



Further information for the press:

Mika Virtanen, Vice President, RTG and STS Cranes, Kalmar, tel. +358 20 777 5000

Maija Eklöf, Vice President, Marketing and Communications, Kalmar, tel.
+358 20 777 4096 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 in 2014 totalled approximately EUR 3.4
billion 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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