Cargotec wins an order from Yingkou Port Group for Kalmar port equipment

Cargotec has received an order from Yingkou Port Group Corporation for eight Kalmar DRF450 reachstackers and one DCE80 empty container handler. The new machines will help the customer keep up with the demands of northern China's expanding port business. Three units have already been delivered to Yingkou Port Group with the remainder scheduled to arrive at the beginning of second quarter 2010.

The Liaoning province in north east China has invested more than 2 billion euros to expand five of its major ports, including Yingkou, as part of its plan to develop the region as a major centre for inland domestic trade. In recent years, the Yingkou port area has significantly grown in size further boosting container traffic. The port handled more than 2 million TEU in 2008 which was a 30 per cent increase from the year before. 

Cargotec's reputation as a world-class supplier of port equipment played an important part in its discussions with Yingkou Port Group. The reliability of Kalmar equipment and Cargotec's long-term commitment to the Asian market reinforced Yougkou Port Group's decision to co-corporate with Cargotec.

The Kalmar range of counterbalance machines are built with first class components and engineered with environmental care taken into consideration. The Kalmar DRF-series reachstacker is a proven workhorse and has also earned a reputation for safety and reliability. Kalmar empty container handlers offer the same reliability in addition to fast, efficient and precise stacking capabilities. The unit on order will be able to stack containers a total height of 6+1 all with extraordinary stability and total cost-efficiency.

The machines for Yougkou Port Group will be assembled at Cargotec's production facility in the Linggang Industrial Park near Shanghai, China. The plant opened in 2006 to produce Kalmar container handling equipment and offer customers in Asia faster delivery times. Cargotec's facility was expanded in 2009 to include the assembly of its Hiab loader cranes.

For further information, please contact:

Aileen Ling

Senior Manager, Marketing 

Cargotec China

Email: aileen.ling@cargotec.com

Elizabeth Gibson

Communications Manager

Cargotec

Email: elizabeth.gibson@cargotec.com

Notes to editors

Cargotec improves the efficiency of cargo flows on land and at sea - wherever cargo is on the move. Cargotec's daughter brands, Hiab, Kalmar and MacGregor 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 2.6 billion in 2009 and it employs more than 9,500 people. Cargotec's class B shares are quoted on the NASDAQ OMX Helsinki. www.cargotec.com

Cargotec's expertise in container and heavy load handling is represented in the global marketplace by the wide range of Kalmar solutions. This includes ship-to-shore cranes, yard cranes, shuttle and straddle carriers, reachstackers, empty container handlers, terminal tractors, log stackers and automation. One in four container movements around the globe is handled by a Kalmar machine. www.kalmarind.com