KONECRANES RECEIVES IMPORTANT PORT CRANE ORDERS FROM INDIA


Konecranes receives important port crane orders from India 

In August 2010 Konecranes received two important orders for port cranes from
the Indian terminal operator Visakha Container Terminal Pvt. Ltd. (VCTPL). The
orders include four RTG (rubber tired gantry) cranes and two STS
(ship-to-shore) cranes. The RTGs will be delivered in the summer of 2011 and
the STS cranes at the end of 2011 to the Visakhapatnam Port, located on the
east coast of India. The parties have agreed not to disclose the value of the
orders. 

VCTPL is a joint venture between DP World and United Liner Agencies of India
(Ptv) Ltd. The company started its operations in 2003 in the Visapakhapatnam
Port, which is one of the major ports in India. As the container traffic grows,
VCTPL is expanding its terminal and therefore investing in new equipment. 

“These orders are a very important reference in India,” says Sami Korpela,
Country Manager, India. “We are not just supplying equipment to the customer,
we are starting a long-term, strategic relationship. The STS cranes are the
first quay cranes delivered to India with Konecranes' controls. Also the RTGs
are the first Konecranes RTGs to be supplied to India.” 

The 8-wheel RTGs have a lifting capacity of 40 tons. The cranes can stack one
over five containers high and six plus truck lane wide. 

The STS cranes are of Post Panamax size. They have an outreach of 50 meters and
can handle container ships with a capacity of 18 container rows across. The STS
cranes will be equipped with Remote Support, a service that remotely monitors
the cranes' status and performance so that actions can be planned to improve
performance, increase safety and maximize uptime. 

Further information:
Press
Mika Mahlberg, Vice President, Port Cranes, Konecranes Plc
E-mail: mika.mahlberg@konecranes.com or phone +358 20 427 2630

Investors and Analysts:
Miikka Kinnunen, Director, Investor Relations, Konecranes Plc
E-mail: miikka.kinnunen@konecranes.com or phone +358 20 427 2050

This press release and a downloadable photo are available on our website
www.konecranes.com. 

Caption: 
Konecranes delivers two STS cranes and four RTGs to Visapakhapatnam Port in
India. 


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 as well as services for lifting equipment and machine tools of all
makes. In 2009, Group sales totaled EUR 1,671 million. The Group has 9,600
employees, at 545 locations in 43 countries. Konecranes is listed on NASDAQ OMX
Helsinki Ltd (symbol: KCR1V). 

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