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Konecranes Wins Container Crane Orders to Russia

Maritime Activity Reports, Inc.

October 22, 2007

Konecranes has received orders for five ship-to-shore (STS) cranes and fourteen rubber tired gantry (RTG) cranes to three container terminals of National Container Company (NCC) in Russia. The cranes will be delivered to NCC's subsidiaries First Container Terminal (FCT) in St. Petersburg, Baltic Container Terminal (BCT) in Ust-Luga and the inland terminal Shushary. The total value of the orders is over $56.7m. The procurement of container handling equipment is part of NCC's terminal expansion and development plan. The ordered equipment will increase throughput capacity of the existing terminals and improve productivity. Konecranes will deliver one STS crane and ten RTGs to FCT in St. Petersburg, four STS cranes to BCT's greenfield container terminal in Ust-Luga and four RTGs to the inland container terminal in Shushary, located in the St. Petersburg region. Delivery will take place during 2008 and 2009. The STS cranes will be used for loading and unloading Panamax container vessels, they have a lifting capacity of 50 tonnes and an outreach of 40 and 38 meters respectively. The RTG cranes have a lifting capacity of 50 tonnes, they can stack one over five containers high and seven containers wide plus a truck lane. In 2006 and earlier in 2007, NCC ordered four STS cranes to FCT's container terminal in St. Petersburg, two of which Konecranes will deliver at the end of 2007 and two in 2008. The cooperation with the terminal in St. Petersburg started already in the 1980s and it has included cranes, crane modernizations, and service.

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