Eight More Advanced RTGs From Konecranes' Ordered by Port of Houston Authority

HOUSTON, Nov. 12, 2012 (GLOBE NEWSWIRE) -- In October 2012, Konecranes received an order for eight RTG (rubber tired gantry) cranes from the Port of Houston Authority (PHA) in the Houston, TX. This is the second Konecranes fuel-saving RTG delivery for PHA, which already has 49 Konecranes RTGs in its terminals. The cranes will be delivered in third quarter 2013. The value of the order is not disclosed.

The Port of Houston is the number one port in the U.S. in foreign waterborne tonnage and handles nearly 230 million tons of cargo a year. PHA owns and/or operates nine public terminals along the 52-mile Houston Ship Channel. Konecranes delivered its first RTGs to PHA in 2003. The recently ordered cranes will be delivered to the Barbours Cut Terminal. The Barbours Cut equipment fleet will then include 30 Konecranes 16-wheel RTGs.

"Konecranes' fuel-saving RTGs have been designed to take account of future environmental requirements," says Jussi Sarpio, General Manager, RTG cranes at Konecranes. "The cranes are equipped with a variable-speed diesel alternator system, which reduces fuel consumption significantly by eliminating high-speed idling. It also reduces noise and emissions. The efficiency of the equipment is further increased by Konecranes' Active Load Control system."

The 16-wheel, all electric cranes have a lifting capacity of 50 tons and can stack six containers high and more than six truck lanes wide.

Scott Gilbey, Director of Marketing and Communications, Region Americas

E-mail: scott.gilbey@konecranes.com or phone 937.525.5676

www.konecranesUSA.com

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 2011, Group sales totalled EUR 1,896 million. The Group has 11,700 employees at 609 locations in 47 countries. Konecranes is listed on the NASDAQ OMX Helsinki (symbol: KCR1V).

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Source:Konecranes, Inc.