North Sea Terminal Bremerhaven upgrades its termin

CARGOTEC CORPORATION, TRADE PRESS RELEASE, 26 JULY 2017 AT 9:00 AM (EEST)

North Sea Terminal Bremerhaven upgrades its terminal operating system to Navis N4

North Sea Terminal Bremerhaven GmbH & Co. (NTB) has upgraded its terminal operating system from Navis Express to the N4 terminal system. NTB is one of Europe's busiest and most important container terminals, handling about 3.2 million TEUs annually via continuous 24/7 operations. The terminal is located in Bremerhaven, Germany, offering complete intermodal connections to 130 ports worldwide.

"N4 is the most advanced and widely-used terminal system on the market; we never considered another provider when tasked with migrating from Navis SPARCS and Express," said Marc Dieterich, General Manager Operations, North Sea Terminal Bremerhaven GmbH & Co. "The reliability, scalability and upgradability of N4, combined with its superior functionality, data quality and advanced analytics capabilities, will enable us to take NTB operations and performance to the next level."

"The level of preparedness and attention-to-detail demonstrated by the NTB project team was incredible, and contributed to our collective ability to complete the migration successfully, maintain existing productivity levels, and hit the essential May 1st cut-over date for the new system," said Guenter Schmidmeir, Vice President & General Manager, EMEA, Navis. "We are thrilled to see our customer of almost two decades cross this important milestone and are confident they will soon begin to experience all of the benefits a more modern platform like N4 has to offer."

Navis, a part of Cargotec's business area Kalmar, provides operational technologies and services that unlock greater performance and efficiency for terminal operators and ocean carriers. Navis combines industry best practices with innovative technology and world-class services to enable its customers to maximise performance and reduce risk.

For more information, please contact: Katie Vroom, Senior Account Supervisor, Affect, tel. +1 212 398 9680, kvroom(at)affect.com

Cargotec (Nasdaq Helsinki: CGCBV) enables smarter cargo flow for a better everyday with its leading cargo handling solutions and services. Cargotec's business areas Kalmar, Hiab and MacGregor are pioneers in their fields. Through their unique position in ports, at sea and on roads, they optimise global cargo flows and create sustainable customer value. Cargotec's sales in 2016 totalled approximately EUR 3.5 billion and it employs over 11,000 people. www.cargotec.com