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Cargotec's Kalmar signs significant further automation contract with DP World London Gateway

Mon, 9th Mar 2015 12:00

CARGOTEC CORPORATION, STOCK EXCHANGE RELEASE, 9 MARCH 2015 AT 2 PM (EET)Kalmar, part of Cargotec, has signed a significant repeat automation contract with DP World London Gateway to deliver an additional system of 20 automatic stacking cranes as the port continues its expansion programme and invests in a third berth following the successful launch of berths 1 and 2. Kalmar has delivered 40 automatic stacking cranes, 28 shuttle carriers and two reachstackers to DP World London Gateway's first and second berths during 2013-2014. Navis, part of Cargotec, has provided the port's terminal operating system (TOS). The project has been the first joint Kalmar-Navis deployment of software with automated container handling equipment.Olli Isotalo, President, Kalmar, said: "We are very proud of this significant order, which demonstrates the strong partnership between Kalmar and DP World London Gateway. Together we have built one of the most advanced automated terminal operations in the world, which has already proven its success. Kalmar is highly committed to making DP Word London Gateway the most efficient port in the world."Simon Moore, CEO, DP World London Gateway, said: "The Berth Three announcement is a response to our customers' needs and shows our confidence in the future. Through its partnership with us, Kalmar has delivered proven success. DP World London Gateway is consistently delivering best in class performance with some of the quickest gate-to-gate truck turn-around times in the industry, high vessel productivity and excellent reliability meaning we have remained open, even in bad weather. We remain confident in Kalmar's ability to continue supporting us as this world class international hub port for the UK continues to grow."The Kalmar delivery consists of 10 ASC modules, each with two cranes. The landside operations of the container yard are fully automated with Kalmar Automated Truck Handling deployed for both road truck as well as cassette operation. Kalmar has also played a key role in integrating the Kalmar terminal logistics system (TLS) and Navis TOS.The third berth is planned to be operational in the second half of 2016. Further information for the press: Olli Isotalo, President, Kalmar, tel. +358 20 777 4111Maija Eklof, Vice President Marketing and Communications, Kalmar, tel. +358 20 777 4096, maija.eklof@kalmarglobal.com Further information for investors:Paula Liimatta, Director, Investor Relations, tel. +358 20 777 4084

Cargotec shapes the cargo handling industry for the benefit of its customers and shareholders. Cargotec's business areas MacGregor, Kalmar and Hiab are recognised leaders in cargo and load handling solutions around the world. Their global network is positioned close to customers and offers extensive services that ensure a continuous, reliable and sustainable performance according to customers' needs. Cargotec's sales totalled approximately EUR 3.4 billion in 2014 and it employs approximately 11,000 people. Cargotec's class B shares are quoted on NASDAQ OMX Helsinki Ltd under symbol CGCBV. www.cargotec.com

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.Source: Cargotec Corporation via Globenewswire
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