Konecranes receives third RTG order from Malta Freeport Terminals


Konecranes receives third RTG order from Malta Freeport Terminals

On May 31, Konecranes announced a rubber-tired gantry (RTG) order from Malta
Freeport Terminals that included an option for a further ten RTGs. Malta
Freeport Terminals has now taken up this option, and in August the companies
signed an agreement for the additional ten RTGs. The crane deliveries will
start in the second quarter of 2008. This is Konecranes' third RTG order from
Malta Freeport Terminals, which after delivery of this order will have 30
Konecranes RTGs in its fleet. 

The latest order is part of Malta Freeport Terminals' ongoing project to
increase terminal capacity in response to growing container traffic. Existing
RTGs are being replaced with more productive and reliable cranes to speed up
operations and minimize down time. Malta Freeport Terminals is owned by the
French CMA CGM, the third largest container shipping company in the world. 

“We are very pleased to receive this third large order from Malta Freeport
Terminals, which is a major player in the Mediterranean area and a very
important customer for us,” says Aku Lehtinen, Director, RTG Cranes. “We have
worked together for some time now and we will do our utmost to serve Malta
Freeport Terminals well also in the future.” 

The 8-wheel RTGs ordered are similar to the ones ordered in May, with a lifting
capacity of 50 tons and with twin-lift capabilities. They can stack one over
five containers high and six plus truck lane wide. 

Further information
Press
Aku Lehtinen, Director, RTG Cranes
e-mail: aku.lehtinen@konecranes.com or phone: +358 20 427 2665

Financial Media and Analysts
Paul Lönnfors, Investor Relations Manager 
e-mail: paul.lonnfors@konecranes.com or phone: +358 20 427 2050

This press release together with a downloadable picture is available at our 
website www.konecranes.com

Caption:
”Malta Freeport Terminals has placed an order for another ten RTGs from
Konecranes.” 

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 and services for lifting equipment of every make. In 2006, Group
sales totaled EUR 1,483 million. The Group has 8,000 employees at more than 370
locations in 41 countries. Konecranes is listed on the OMX Helsinki Stock
Exchange (symbol: KCR1V). 

www.konecranes.com

Attachments

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