Cargotec Receives Ship Crane Orders from Asia Worth Approximately EUR
70 Million
Cargotec Corporation, Press Release, November 12, 2007 at 9.30 a.m.
Finnish time
Cargotec's MacGREGOR business area providing marine cargo handling
and offshore solutions, has received significant ship crane orders in
October and November from shipyards in Korea and China. 179 ship
cranes will be delivered for shipyards during 2009-2011 and the value
of the orders is approximately EUR 70 million.
The ship cranes will be delivered for 43 vessels including oil/ore
carriers, general cargo vessels, bulk carriers and container ships.
The vessels will be delivered for different ship owners in Taiwan,
Iran, Switzerland, Cyprus, Germany as well as Israel. The equipment
will be manufactured by MacGREGOR's partner plants in China and in
Korea.
Sender:
Cargotec Corporation
Kari Heinistö
Senior Executive Vice President and CFO
Eeva Mäkelä
SVP, Investor Relations and Communications
For further information, please contact:
Erik Hägglund, General Manager, Crane Division, MacGREGOR, tel.
+46 660 29 40 01
Kenneth Mellin, Sales Manager, Crane Division, MacGREGOR, tel.
+46 660 29 41 76
Eeva Mäkelä, SVP, Investor Relations and Communications, tel. +358
204 55 4281
Cargotec is the world's leading provider of cargo handling solutions
whose products are used in the different stages of material flow in
ships, ports, terminals, distribution centers and local
transportation. Cargotec Corporation's brands, Hiab, Kalmar and
MacGREGOR, are market leaders in their fields and well-known among
customers all over the world. Cargotec's sales are EUR 2.8 billion.
The company employs over 11,000 people and operates in close to 160
countries. Cargotec's class B shares are quoted on the Nordic
Exchange, Helsinki.
www.cargotec.com