MacGregor receives an order for K50 cranes from Indonesia

CARGOTEC CORPORATION, PRESS RELEASE 4 MARCH 2014 AT 10 AM (EET)

MacGregor, part of Cargotec, has won an order for two 50-tonne SWL versions of its heavy-duty grab cranes. The K5036-4HD MacGregor cranes are destined for a 68m floating crane barge, which is being built by Batam-based PT. Karya Tekhnik Utama (KTU), in Indonesia.

"Indonesia has one of the world's fastest growing bulk export industries, and this order further increases our presence in this significant market," says Anders Berencsy, Sales Manager for Transloading cranes at MacGregor. "The floating barge will be used to showcase the yard's capabilities and the cranes will be an important part of this."

"Historically, KTU has used other manufacturers for this type of crane, but has decided to install MacGregor cranes for the first time," notes Mr Berencsy. "This is an important vote of confidence both for the K50 model and for the quality of the products and services delivered by MacGregor."

Offering a long, reliable service life, MacGregor's K50 cranes were developed to meet the market's increasing demand for high-performance bulk handling capabilities. The company's first units of this type were delivered to Indonesia in 2011. The latest order is scheduled for delivery in November this year.

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For further information please contact:
Anders Berencsy, SalesManager, Transloading Cranes, MacGregor, tel +46 660 294 185
anders.berencsy@macgregor.com

or

Heli Malkavaara,  Communications Director, MacGregor, tel. +358 2 4121 252
heli.malkavaara@macgregor.com

MacGregor is the world's leading brand of engineering solutions and services for handling marine cargoes and offshore loads. MacGregor products serve the maritime transportation, offshore and naval logistics markets, in ports and terminals as well as on board ships. Our cargo flow solutions integrate cargo access, stowage, care and handling functions to suit a particular ship's cargo profile. This benefits its productivity, environmental impact and profitable service lifetime. www.macgregor.com 

MacGregor is part of Cargotec. 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 under symbol CGCBV. www.cargotec.com