Kalmar to refurbish a ship-to-shore crane for Belawan International Container Terminal in Medan, Indonesia

CARGOTEC CORPORATION, PRESS RELEASE, 17 MARCH 2014 AT 1 PM (EET)

Kalmar, part of Cargotec, has been awarded a ship-to-shore (STS) crane refurbishment project by the Belawan International Container Terminal (BICT) in Medan, Indonesia. The contract was signed in December 2013, and the project is expected to be completed in August 2014.

BICT is managed by Pelindo I, one of four state owned Indonesian terminal operators. The terminal, located on the island of Java, serves the Straits of Malacca, the busiest shipping lane in the world.

The project involves the refurbishment of a Nelcon STS crane, with scope of work including the replacement of the electrical control system (PLC and DC drives), main dynamic brakes, wire ropes, spreader pulley sheaves and headblock. The scope also includes repair works for the DC motors and festoon system.

Akhmad Hidayah Alcaff, General Manager, BICT commented: "BICT being one of the busiest container terminals in the region, we need to make sure that our performance remains high in all situations. The refurbishment works will improve the overall reliability and performance of the crane for the foreseeable future. Kalmar with their local dealer, PT Indotruck Utama were evaluated and awarded the project because of their proven track record and strong local presence."

Collin Swee, Director, Kalmar Crane Upgrades Business Centre in APAC said: "We are very excited to work with BICT on this project which will help them leverage their assets and keep downtime at the minimum.

"STS crane refurbishment is a very attractive choice when seeking improved crane performance and capacity, at minimum cost," he continues. "Kalmar currently has six teams undertaking crane upgrade projects in the APAC region in Malaysia, Thailand, Indonesia, Hong Kong and Sri Lanka. Each project team is led by an experienced project manager, and consists of multi-discipline technical specialists in the fields of structural and mechanical design and automation systems."

Kalmar's strategic intent is to become a leading global crane upgrade and refurbishment services provider, and it is serving customers through Crane Upgrades Business Centres in South America, North America, EMEA and APAC. In 2013, it completed several projects for customers worldwide.

Further information for the press:

Collin Swee, Director, Kalmar Crane Upgrades Business Centre, APAC, tel. +60 12301810110, collin.swee@kalmarglobal.com

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

Cargotec's sales totalled approximately EUR 3.2 billion in 2013 and it employs approximately 11,000 people. Cargotec's class B shares are quoted on NASDAQ OMX Helsinki under symbol CGCBV. www.cargotec.com