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Trade Press Release

Russia orders more Kalmar straddle carriers

25/03/2011

CARGOTEC CORPORATION, TRADE PRESS RELEASE,25 MARCH 2011 AT 1:00PM EETCargotec has received an order from National Container Company (NCC), the leading container terminal operator in Russia, for five 7+ generation Kalmar CSC340 straddle carriers. The units will be deployed at First Container Terminal (FCT) located in St. Petersburg where the customer already operates with several Kalmar machines. According to the agreement, finalised at the end of last year, delivery of the units will take place in the second quarter of 2011. NCC cited its good experience operating with Kalmar straddle carriers as the main reason for choosing Cargotec yet again as its supplier. The machines' reliable performance and ease of service has helped the customer stay productive as container traffic at Russia's largest container terminal continues to increase. The new CSC340 units on order will be capable of stacking containers one-over-two with loads of up to 40 tonnes. Kalmar 7+ generation straddle carriers feature a modular design that is also well-equipped to handle the harsh winter conditions of the St. Petersburg area.As a long-time customer, FCT received their first straddle carrier from Cargotec already in the 1980s. NCC also operates with other types of Kalmar equipment, such as terminal tractors, reachstackers and empty container handlers.

NCC's terminal network includes First Container Terminal (FCT, St. Petersburg), Logistika-Terminal (Shushary, St.Petersburg) and Ust-Luga Container Terminal (ULCT, Leningrad region). The aggregated throughput of NCC terminals in 2010 amounted to about 1.3 million TEU. The main focus of NCC strategy for 2011 is ULCT first phase completion. ULCT is due to become the largest container terminal in Russia and the Baltic region with the annual throughput capacity of 3 million TEU by 2019.

For further information, please contact:Tero Pajunen, General Director, Cargotec Russia, tel. +7 921 304 8900, Elizabeth Gibson, Communications Manager, tel. +1 785 214 1223,

Notes to editorsCargotec 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 2010 and it employs approximately 10,000 people. Cargotec's class B shares are quoted on NASDAQ OMX Helsinki under symbol CGCBV. 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, forklifts and automation. One in four container movements around the globe is handled by a Kalmar machine.

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