Kalmar Industries has won an order to supply 96 terminal tractors to Hanjin Shipping – South Korea’s largest shipping company – for operation at its new container terminal as part of the Pusan New Port Project, earmarked as the country’s principal deepwater seaport. The first terminal tractors will be delivered starting in June 2008 with the last machines arriving in 2009.

The 4x2 terminal tractors will be deployed by Hanjin Shipping across its four berths as part of the second phase in the development of its Pusan New Port terminal operations opening in 2009. The customer has also signed a contract with Kalmar’s local representative in South Korea covering the maintenance of the new units.

Mikael Rietz, General Manager, Kalmar Asia Pacific, comments on the order:

“Hanjin Shipping chose Kalmar as its partner because of our strong commitment to service and product support. Kalmar’s dealer, Samjin Yard, has made an invaluable contribution with its commitment to Hanjin Shipping complemented by its industry knowledge and experience.”

Kalmar already provides service to Hanjin Shipping in many ports across the globe where the shipping company operates its own terminals, in addition to a fleet of some 200 containerships, bulk and LNG carriers. Consequently, this order represents a further strengthening of the important relationship between the two companies.

Hanjin Shipping is one of the world leaders in logistics-related business with a global network of container terminals, off-dock container yards and US domestic services. Today, the shipping company operates a total of nine exclusive or dedicated marine container terminal facilities with a collective handling volume of more than 6 million TEU. Its container terminals are strategically located at the crossroad of major ports of the world.

Note to editors:

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 press release is also available on the Kalmar website, by clicking on Press Pictures. The caption for the photograph reads:

"A new order from Hanjin Shipping for 96 Kalmar terminal tractors was celebrated by both parties during a signing ceremony in Busan, Korea. The units will be deployed across Hanjin Shipping's four berths as part of the second phase in the development of its Pusan New Port terminal operations opening in 2009.  Pictured are (from left): Mr S.S. Shin, President, Samjin Yard; Mr Mikael Rietz, General Manager, Kalmar Asia Pacific; Mr Y.B. Choi, CEO, Hanjin Newport Co.; and Mr C.H. Son, Head of Terminal Operations Team.”

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 1.343 billion in 2007.

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 2007, Cargotec's net sales were EUR 3.018 billion. Cargotec's class B shares are listed on the Helsinki Stock Exchange.