RTG sales mark renewed China growth for Cargotec

Cargotec's growth strategy in China has been supported with its first sale of rubber tyred gantries (RTG) into the country in the last five years.

The order for two Kalmar E-One 2 type RTGs comes from Cosco Pacific subsidiary Jinjiang Pacific Ports Development (JPPDC).

JPPDC operates a two berth facility in Weitou Port, Fujian Province. The all electric RTGs can stack containers one-over-five high, span six container rows plus a roadway and have a lift capacity of 41 tonnes.Delivery is expected in May 2012.

The container terminal is in the second phase of expansion. Container throughput is forecast to reach 0.4 million TEU in 2012 and 0.8 million in 2015.

"While China is a key market for us, this is the first RTG order that we have secured in this country for around five years," said Dennis Lue, director of Cargotec port cranes Asia. "Competition from both Chinese and overseas manufacturers shows how increasingly competitive our RTGs are becoming as a result of the efforts we have made recently to deliver forward looking technology at a reasonable cost."

Cargotec halready has an assembly plant in Lingang, close to the Yang Shan port development. It delivers a range of equipment to Chinese ports, including FLTs, empty handlers, reachstackers, terminal tractors and RTGs.

The Company has announced a joint venture with Jiangsu Rainbow Heavy Industries Co., Ltd. (RHI) in China. The joint venture is expected to further improve Cargotec's competitiveness in China as well as in global markets, said the manufacturer.