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Kalmar Wins Contract for Ship-to-Shore Cranes

Maritime Activity Reports, Inc.

July 22, 2003

Kalmar Industries has secured an order for the delivery of two ship-to-shore (STS) container cranes to Eurogate's Container Terminal Hamburg (CTH). The contract includes an option for a third crane. Eurogate has had three Kalmar Nelcon cranes in operation at CTH for some time while a fourth was delivered in June 2003, within the agreed 12 months delivery time. To cope with the increasing size of vessels calling Hamburg, the two new cranes will have a 3m greater hoisting height - 35m as opposed to 32m for the earlier cranes - and will be supplied with a full AC electrical installation from Alstom. Continuous growth at Eurogate's terminals has created this requirement for two additional cranes for the Hamburg operation. CTH presently handles 1.8 million TEU per annum utilising 2,100 metres of quay. It can accommodate any fully laden vessels which we see in service today. In addition to CTH, the EUROGATE Group has terminals in Bremerhaven, Gioia Tauro, La Spezia, Livorno, Ravenna, Salerno, Cagliari and Lisbon. Together, they handled 9.5 million TEU last year and expect to handle 10.0 million TEU in 2003.

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