Cavotec has won two large orders for electrical power and spreader cable reels for ship-to-shore (STS) container cranes for ports in The Netherlands and Malaysia. These orders follow last week's announcement that the Group is to supply similar equipment to the Port of Colombo in Sri Lanka.

The first of the two new orders is from ZPMC, the world's largest port equipment manufacturer, for power and spreader reels for 14 STS cranes for the Rotterdam World Gateway (RWG) terminal in The Netherlands. RWG is a major port development that will offer a 1,150-metre deep-sea quay, and annual handling capacity of some 2.35 million TEUs. The terminal is scheduled to enter service in the second half of 2014.

According to a statement on RWG's website, the terminal "will be one of the most modern and environment-friendly transhipment centres in the world. It will be able to handle the next generation of ultra large container ships."

"We are confident that this innovative terminal will make a major contribution to the further development of Rotterdam as the main port for North West Europe from the moment it is opened," Peter Jongepier, Chairman of the RWG Board said in the statement.

RWG is a joint venture between four global container shipping lines — APL, MOL, HMM and CMA-CGM — and DP World, one of the largest container terminal operators in the world.

The second order is from Korean OEM Hyundai Samho for power and spreader reels for six STS container cranes at the Northport Terminal in Malaysia.

This project concludes a strong series of orders won by Cavotec in the past 18 months for ports in Malaysia, with the Group supplying cable reels and related equipment for more than 30 port cranes from OEMs including ZPMC, Hyundai, Mitsui and TCM.

Last week, Cavotec announced that it is to supply electrical power and spreader cable reels for 12 STS cranes for the China Merchant container terminal in the Port of Colombo.

Cavotec manufactures a diverse range of advanced technologies that help ports around the world to operate safely, efficiently and sustainably. These products include automated mooring systems, shore power technologies, Panzerbelt cable protection systems, crane controllers, marine propulsion slip rings, power chains and connectors, radio remote controls, motorised cable reels and steel chains.

ENDS

For further details on this press release, contact Michael Scheepers, Director Investor Relations & PR, at michael.scheepers@cavotec.com.

Cavotec is a leading global engineering group, developing innovative technologies that enable the maritime, airports, mining and tunnelling, and general industry sectors to operate more sustainably. To find out more about Cavotec, visit our website: www.cavotec.com. For updates on Cavotec projects, technologies and industry news, take a look at our blog, or follow us on Facebook or Twitter.