Konecranes to Supply Biggest Goliath Gantry Crane in the World to Brazilian Shipyard


HYVINKAA, Finland, Nov. 11, 2011 (GLOBE NEWSWIRE) -- In October 2011 Konecranes received a major order for a Goliath gantry crane from Brazilian shipyard Ecovix-Engevix Construcões Oceanicas S.A. ("Ecovix-Engevix"). The shipyard, located in the city of Rio Grande do Sul, builds drill ships for the oil and gas industry. The Goliath gantry crane, which in its combination of lifting capacity and rail span will be the biggest Goliath gantry crane in the world, will be delivered to Rio Grande do Sul in October 2012. The parties have agreed not to disclose the value of the order, but deliveries of similar scope are typically worth tens of millions of euros.

The huge Goliath gantry crane now ordered will significantly raise productivity at the shipyard. With a lifting capacity of an impressive 2,000 tons and a span of 210 meters, the crane will be able to handle considerably larger blocks, which will shorten dry dock time for vessels.

"We are very proud of our strong relationship with Ecovix-Engevix," says Jussi Rautiainen, General Manager, Shipyard Cranes. "We want to be known as the long-term partner of the world's leading shipyards, both today and in the future."ndetected defects and deficiencies in critical components can lead to catastrophic failure.

Further information:


Press:
Jussi Rautiainen, General Manager, Shipyard cranes
E-mail: jussi.rautiainen@konecranes.com or phone +358 20 427 2616

Investors and Analysts:
Miikka Kinnunen, Director, Investor Relations
E-mail: miikka.kinnunen@konecranes.com or phone +358 20 427 2050

This press release with downloadable photo is available on our website www.konecranes.com.

Konecranes is a world-leading group of Lifting Businesses™, serving a broad range of customers, including manufacturing and process industries, shipyards, ports and terminals. Konecranes provides productivity-enhancing lifting solutions as well as services for lifting equipment and machine tools of all makes. In 2010, Group sales totalled EUR 1,546 million. The Group has 10,000 employees at 578 locations in 46 countries. Konecranes is listed on the NASDAQ OMX Helsinki (symbol: KCR1V).

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