Green solutions prove popular in Asia as Saigon Newport orders 10 Kalmar E-One RTGs

Saigon Newport Company (SNP) in Vietnam has awarded Kalmar Industries a landmark contract for ten E-One rubber-tyred gantry (RTG) cranes, destined for its Tan Cang-Cat Lai container terminal near Ho Chi Minh City. The agreement is the latest in a succession of orders from environmentally conscious terminal operators across Asia for Kalmar's revolutionary all-electric RTG, introduced to the market just over two years ago.

SNP's 6+1 wide and 1-over-5 high units will come equipped with Kalmar's container position verification system, Smartpath®, and will be delivered by May 2008.

Vu Kim Khanh, Deputy General Director of SNP, comments on the order:

"Our past experience with Kalmar reachstackers and terminal tractors has been positive, and over the years we have established a good relationship with the local Kalmar dealer, who supports our operation with well-trained service technicians and spare parts.

"The investment in modern handling equipment with innovative design and low-maintenance features like Kalmar's E-One RTG assures us that the Tan Cang-Cat Lai terminal will achieve its productivity goals in line with import/export container volumes, which are projected to increase by approximately 30 percent this year."

SNP is boosting its equipment fleet to accommodate an expected growth in trade as a result of Vietnam's new status as a member of the World Trade Organization, effective January 2007. Vietnam has the fastest growing economy in Asia after China.

The Tan Cang-Cat Lai facility is one of the biggest and most modern international container terminals in Vietnam and the only one in the area which is in compliance with the Master Seaport Development 2020 plan approved by the Prime Minister. The container terminal is also conveniently situated near industrial parks northeast of Ho Chi Minh City, which attracts and generates 80 percent of the country's import and export business. In 2006, the Tan Cang-Cat Lai terminal handled 1.45 million TEU and is expected to handle 1.7 million TEU in 2007.

Saigon Newport Company operates four cargo handling facilities situated at the gateway of Ho Chi Minh City and in the heart of the south focal economic area of Vietnam, offering customers services such as warehousing, stevedoring, dredging and salvaging, and freight forwarding. The company handles 68 percent of the cargo in the Ho Chi Minh City area and approximately 40 percent of Vietnam's total transshipment volumes.

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Notes to editor:

Press information can be found on Kalmar's website: www.kalmarind.com. Simply click on News Room to be taken to a list of recent press releases. A photograph to accompany this release is also available on the Kalmar website, by clicking on Press Pictures. The caption for the photograph reads:

In a signing ceremony with Saigon Newport officials, Kalmar agrees to deliver ten E-One RTGs to the company's Tan Cang-Cat Lai container terminal, located just outside Ho Chi Minh City.

Kalmar is a global provider of container and heavy duty materials handling equipment, automation applications and related services. It is the world's leading supplier of cargo handling equipment to ports, terminals and intermodal facilities.

Every fourth container or trailer transfer at terminals around the world is handled by a Kalmar machine. The company also supplies a wide range of machines to demanding industrial customers for applications as diverse as handling steel and paper to shunting road trailers at distribution hubs.

Kalmar is also leading the way in port automation applications with its application of unmanned container handling technology, on-board smart features and remote maintenance products developed in co-operation with customers and partners.

Kalmar's product range is complemented by a large range of value added services such as maintenance contracts and fleet management. Production plants are situated in Sweden, Finland, the Netherlands, Malaysia, China and the USA. Kalmar's net sales were EUR 1.2 billion in 2006.

Kalmar is part of Cargotec Corporation, the world's leading provider of cargo handling solutions, which are used in local transportation, terminals, ports, distribution centres, and ships. In 2006 Cargotec's net sales were EUR 2.6 billion. Cargotec's class B shares are listed on the Helsinki Stock Exchange.