Kalmar receives repeat order for diesel-electric s

CARGOTEC CORPORATION, PRESS RELEASE, 13 MARCH 2017 AT 10.15 AM (EET)

Kalmar, part of Cargotec, has signed an order with Hamburger Hafen und Logistik AG (HHLA), the leading European port and transport logistics group, for 11 diesel-electric straddle carriers. The order closely follows a 2016 order for nine machines, demonstrating the strength of HHLA's relationship with Kalmar and the company's commitment to Kalmar equipment. It was booked in Cargotec's 2017 first quarter order intake.

Established in 1968, HHLA Container Terminal Burchardkai (CTB) is the largest and oldest facility for container handling in the Port of Hamburg. The terminal has an annual capacity of more than 3 million TEU. CTB was the first terminal to introduce the straddle carrier concept as well as a unique automatic stacking crane (ASC) concept featuring three cranes per block. The new units will be used to transport containers from the port's ship-to-shore cranes to the ASCs.

Jens Hansen , Managing Director of Container Terminal Burchardkai, says: "We're facing increasing pressure to reduce operating costs and cut noise and emissions, so it's vital that our straddle carrier equipment helps us achieve these targets. With Kalmar, we know that we will get all this combined with excellent reliability and first-class support services."

"We have relied on Kalmar straddle carriers for many years to keep our daily operations running smoothly. We particularly appreciate the long-term reliability and proven performance of Kalmar equipment, as well as the local support services that help keep it working at its very best."

Tero Kokko , Senior Vice President, Automation and Projects at Kalmar, says: "HHLA has been a Kalmar customer for many years, and we look forward to further strengthening this prestigious relationship in the future and continuing to support HHLA in achieving its business goals."

Further information for the press:

Tero Kokko, Senior Vice President, Automation and Projects, Kalmar, tel. +358 20 777 5135

Maija Eklöf, Vice President, Marketing and Communications, Kalmar, tel. +358 20 777 4096, maija.eklof@kalmarglobal.com

Kalmar offers the widest range of cargo handling solutions and services to ports, terminals, distribution centres and to heavy industry. Kalmar is the industry forerunner in terminal automation and in energy efficient container handling, with one in four container movements around the globe being handled by a Kalmar solution. Through its extensive product portfolio, global service network and ability to enable a seamless integration of different terminal processes, Kalmar improves the efficiency of every move. www.kalmarglobal.com

Kalmar is part of Cargotec. Cargotec's (Nasdaq Helsinki: CGCBV) sales in 2016 totalled approximately EUR 3.5 billion and it employs over 11,000 people. www.cargotec.com

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/Attachm...1071853ec8