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Konecranes Wins Crane Orders in Russia

Maritime Activity Reports, Inc.

October 17, 2007

In September and October 2007 Konecranes signed two contracts to supply container-handling cranes to the cargo terminal OJSC Petrolesport (PLP) in St. Petersburg, Russia. One of the orders comprises two ship-to-shore (STS) cranes and the other six RTG (rubber tyred gantry) cranes. The cranes will be delivered in mid-2008. The parties have agreed not to disclose the value of the orders.

PLP is one of the largest stevedoring companies in the port of St. Petersburg. PLP belongs to Severstaltrans Group of companies. Cargo traffic is increasing in Russia, so PLP is increasing its terminal capacity in the St. Petersburg port. Konecranes has delivered cranes to PLP's terminal in the past, and the terminal has six Konecranes cranes in its fleet, one STS and five RTGs. The ordered STS cranes will be used for loading and unloading Panamax container vessels. The cranes have a lifting capacity of 50 tonnes, an outreach of 38 meters, and are equipped with Konecranes AC electrical control system, which allows for smooth and precise movements. The price for a Konecranes STS crane is in the range of EUR 5-7 million. The six 16-wheel RTGs have a lifting capacity of 50 tonnes and can stack one over five containers high and seven wide plus a truck lane. The price of a 16-wheel RTG crane varies between EUR 1.1 and 1.4 million. "These orders are very important to us as they further strengthen our cooperation with OJSC Petrolesport," says Jarmo Juntunen, Director, Ports at Konecranes. "The orders also confirm our strong position as key crane supplier in ports in the Baltic Sea area." everstaltrans Group of companies is a leading operator on the transport services markets of Russia, the CIS countries, and the Baltics. The Group comprises more than 20 companies working in various sectors of the transport business. The Group is made up of stevedoring companies in Vostochnyy, St. Petersburg, and other ports, railway operators, freight shippers and forwarding companies.

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