KONECRANES TO DELIVER 4 STS AND 20 RTG CRANES TO GPA

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| Source: Konecranes Oyj
multilang-release

Konecranes will deliver 4 Super Post Panamax Ship-to-Shore (STS) cranes and 20 Rubber-Tired-Gantry (RTG) cranes to Georgia Ports Authority in the US. The Georgia Ports Authority Board recently approved more than $80 million to purchase the cranes to be used to handle containers at Garden City Terminal. The cranes are scheduled to arrive to Savannah by March 2016. The order will be booked in the second quarter 2014.

“Our continued infrastructure investments enable us to work larger vessels and provide faster service to our customers,” said GPA Executive Director Curtis Foltz. “With this latest update to our crane fleet, the Port of Savannah will add capacity and opportunity for future growth.”

“We are proud to be part of GPA’s growth” says Tuomas Saastamoinen, Konecranes’ Sales and Marketing Director, Port Cranes. “We look forward to continuing our long relationship with GPA, and to providing them with the reliable container handling equipment they need to keep the terminal’s productivity high.”
 
With this order for four Konecranes STS cranes, GPA will have a total of 27 Konecranes Ship-to-Shore cranes in Port of Savannah.

The RTGs, which are employed to handle cargo in the container field, will arrive in periodic shipments over the next two years. All 20 cranes will have the capacity to convert to electric power as the GPA continues its effort to transition away from diesel fuel. The 20-crane purchase will bring the Port of Savannah’s Konecranes RTG fleet to 136.

The Port of Savannah, home to the largest single-terminal container facility of its kind in North America, is comprised of two modern, deepwater terminals: Garden City Terminal and Ocean Terminal. Together, these facilities exemplify the GPA’s exacting standards of efficiency and productivity. The Port of Savannah handled 8 percent of the U.S. containerized cargo volume and 10.9 percent of all U.S. containerized exports in 2013.

Further information:
Press
Tuomas Saastamoinen, Sales and Marketing Director, Port Cranes
E-mail: tuomas.saastamoinen@konecranes.com or phone +358 20 427 2662

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

This press release 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 2013, Group sales totaled EUR 2,100 million. The Group has 11,800 employees at 600 locations in 48 countries. Konecranes is listed on the NASDAQ OMX Helsinki (symbol: KCR1V).

www.konecranes.com