Konecranes obtains significant orders from Finnish terminal operator Steveco

Konecranes obtains significant orders from Finnish terminal operator Steveco

Konecranes has in July received two major orders from Finnish container
terminal operator Steveco Oy. The orders comprise one ship-to-shore (STS)
crane, and three straddle carriers, with a long-term service agreement. The
equipment will be delivered to Steveco's container terminals in Vuosaari and
Mussalo, Finland, during autumn 2008. 

Steveco is expanding its operations and will start container traffic operation
in the new Vuosaari port in Helsinki. The Konecranes Panamax STS crane ordered
is a BoxHunter crane that enables fast and precise positioning of containers
and ensures efficient operations. It has a lifting capacity of 50 tonnes and an
outreach of 38 meters. The crane design allows containers to be stored under
the crane, which accelerates the loading and unloading of ships. 

The order for three straddle carriers and a service agreement are for Steveco's
container terminal at Mussalo in Kotka. Konecranes has delivered cranes and
service to this terminal since it was opened. The straddle carriers represent a
new generation of equipment, and are based on a technology which Konecranes
acquired in January 2007. The straddle carriers have a lifting capacity of 60
tonnes and can stack containers 1 over 2 high. The straddle carriers will be
used for moving and stacking containers in the port yard. 

“These orders are strategically important for us,” says Jarmo Juntunen,
Director, Ports at Konecranes. “The equipment represents the latest technology
on the market and will enable Steveco to operate their container terminals
efficiently. Our cooperation with Steveco goes back a long way and we hope it
will continue as successfully as it has until now.” 

On 1 August, Konecranes announced the acquisition of the container handling
software specialist Savcor One Oy. Savcor's automation technology improves the
efficiency and productivity of terminal operators by monitoring and measuring
equipment and activities. The equipment in Steveco's Mussalo terminal is
equipped with Savcor's container handling software. 

Further information: 
Jarmo Juntunen, Director, Ports
e-mail: jarmo.juntunen@konecranes.com or phone: +358 20 427 2600

Financial Media and Analysts
Paul Lönnfors, IR Manager 
e-mail: paul.lonnfors@konecranes.com or phone: +358 20 427 2050

This press release together with a downloadable picture is available at our 
website www.konecranes.com

“Konecranes is supplying an STS BoxHunter crane to terminal operator Steveco in

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 and services for lifting equipment of every make. In 2006, Group
sales totaled EUR 1483 million. The Group has 8,000 employees, at more than 370
locations in 41 countries. Konecranes is listed on the OMX Helsinki Stock
Exchange (symbol: KCR1V).