Kalmar, part of Cargotec, wants to clarify the press release published on 24 September 2013 regarding a ship-to-shore crane heightening project in the south of Spain. ZPMC is in fact the main contractor, while Kalmar, as one of ZPMC’s subcontractors, is providing the needed local operations for this project.

ZPMC Vice-President, Mr Huang Qing-feng says: “The project in Spain is an excellent example of cooperation between companies working in the same field, with the target to improve the efficiency of customers’ operations. The emerging large vessels have led to more demand for increased capacity of existing cranes. It is apparent that companies like ours and Kalmar have anticipated this development and that both companies are equipped for such undertakings. Both companies have been working with the client for many years, and the project in Spain shows co-existence and cooperation. We are all in the same pond, and the ultimate required result is customer’s satisfaction.”

ZPMC has a long-term relation with Mareiport, which was acquired by Kalmar this May. This acquisition is part of Kalmar’s strategic intent to become a multi-brand service provider, which does not rule out cooperation with other equipment manufacturers. ZPMC and Kalmar have currently various crane services projects and related opportunities on-going.

About Kalmar:
Kalmar offers the widest range of cargo handling solutions and services to ports, terminals, distribution centres and to heavy industry. Kalmar is the industry forerunner in terminal automation and in energy efficient container handling, with one in four container movements around the globe being handled by a Kalmar solution. Through its extensive product portfolio, global service network and ability to enable a seamless integration of different terminal processes, Kalmar improves the efficiency of every move.

Kalmar is part of Cargotec. Cargotec’s sales totalled EUR 3.3 billion in 2012 and it employs approximately 10.000 people. Cargotec’s class B shares are quoted on NASDAQ OMX Helsinki under symbol CGCBV.

About ZPMC Shanghai Zhenhua Heavy Industries:
ZPMC Shanghai Zhenhua Heavy Industries Co. Ltd, is a heavy-duty equipment manufacturer. One of its major five activities is manufacturing port equipment, dominating the Ship-to-Shore and yard gantry container crane market holding 70% market share. Recent strategic developments within ZPMC are Globalisation for Aftersales&Service, Product Development for raising cranes, and diversification of core activities, emphasising construction for the Offshore market.

ZPMC Shanghai Zhenhua Heavy Industry Co., Ltd. is a state holding company listed on A and B shares in Shanghai Stock Exchange. The major shareholder is China Communication Construction Co., Ltd. (CCCC), which is one of the top 500 companies in the world. CCCC sales totalled Euro 35.7 Billion in 2012 and it employs over 94.000 people.