KCI Konecranes sells more special cranes to USA

This repeat order from the third largest operator in the world, APM Terminals confirms technology leadership for Konecranes Rubber Tyred Gantry Cranes (RTG). The order was received in late December, 2002.

Six RTG cranes to go to APM Terminals’ terminal in Elizabeth, New Jersey starting in June 2003.

APM Terminals is part of the A.P.Moller/Maersk Group of Denmark, one of the world’s largest terminal operators operating over 30 terminals globally. Currently APM Terminals uses Konecranes RTG’s at its terminals in Elizabeth, Norfolk and Houston, USA. With this repeat order KCI Konecranes further strengthens its position as a supplier of equipment for global terminal operators that focus on high handling efficiency.

“In the current market situation with increased hesitance in new investments from harbours, our focus on product development and strong customer partnerships now pays dividends”, said Mikko Uhari, Managing Director of Konecranes VLC. “This order adds to the Special Cranes order book and further secures good operating levels”.

The cranes will be manufactured in Europe and will be delivered fully erected to the terminal. These 16 wheel RTG's have a lifting capacity of 50 tons, a lifting height of 59 feet and span of 75 feet. In other words they are one-over-five containers high and six-plus-truck lane wide. Technical support for the RTG cranes will be provided for locally through Konecranes’ harbour crane maintenance organisation, KCI Koneports Americas.

Konecranes’ RTG crane has been the clear technology leader since the new design was introduced five years ago. In total KCI Konecranes has sold 136 new generation RTG Cranes, out of which 70 units will be in operation on the East and Gulf Coasts of the U.S. after the delivery of these six cranes to APM Terminals.

Konecranes VLC is part of the KCI Konecranes Group’s Special Cranes Business Area and specialises in port, terminal and shipyard cranes.

KCI Konecranes, headquartered in Hyvinkää, Finland is a world leading Engineering Group specialising in advanced overhead lifting solutions and maintenance services. KCI Konecranes is the world's leading supplier of heavy-duty cranes for process industries. KCI Konecranes is a global supplier of special harbour cranes for bulk materials and containers and a leading provider of shipyard cranes. In 2001, Group sales totalled EUR 756 million with over 4400 employees in 34 countries all over the world.

For further information, please contact:

Konecranes VLC Oy

Tuomas Saastamoinen, Sales Manager,

Email: [email protected]

Phone +358 20 427 11, Fax: +358 20 427 2599

Dick Russell, Sales Director,

Email: [email protected]

Phone: +1 -(973) 575-5775, Fax: +1-(973) 575-5850