Cavotec has been awarded an order for its next generation vacuum mooring technology, MoorMaster™ NxG, from leading Norwegian ferry operator Fjord 1. The new systems will be used with a new-build, zero-emission vessel to reduce energy consumption in port.
Cavotec has won a series of orders in the second quarter with a total value of EUR 5M – to equip the world’s largest new-build container ships with ShorePower systems. This is in addition to EUR 3M in orders already secured in the first quarter. The powerful cleantech technologies enables dramatic
Cavotec SA ("the Company") today, May 27, 2021 held its Annual General Meeting ("AGM") in Lugano, Switzerland. Appointment of the Chairman of the day The AGM appointed Massimo Vanotti as Chairman of the day. Annual Report, Financial Statements and Consolidated Financial Statements for the
A decade after installing MoorMaster TM automated vacuum mooring at an iron ore berth in Western Australia, Pilbara Ports Authority has now selected Cavotec to secure availability and extend lifetime of its mooring system. After a steady growth in annualized portfolio value of service contracts in
In a major breakthrough for automated mooring, our MoorMaster TM technology has been selected for installation at a roll-on/roll-off berth in a key market in the Far East. This is the first installation of this unique mooring system in Asia and highlights widespread interest in the technology and
Cavotec has been awarded a contract by Nidec ASI as part of their EUR 12 million deal to provide ShorePower to five cruise liner berths at Malta’s Valletta Grand Harbour. The project is part of a major EU funded initiative by Infrastructure Malta to electrify the entire harbour and reduce harmful
The fast-growing market for electrification and automation of ports around the world is estimated to be worth several billion euros in the coming years. Cavotec will invest 20 million euro in technology, engineering and business development over the next five years to strengthen its leading
Den snabbt växande marknaden för elektrifiering och automatisering av hamnar runt om i världen uppskattas vara värd tiotals miljarder kronor under de kommande åren. Cavotec avser därför investera ca 200 miljoner kronor i teknik- och affärsutveckling under de närmaste fem åren för att stärka sin
Strong order backlog and revenue in “New Cavotec” On 5 March 2021, we communicated a decision to focus our resources and make investments in our ports & maritime and industrial markets. As a consequence, a process was initiated to divest the Airports business.
Cavotec SA will publish its Q1 report 2021, 12 May 2021 at 07:00 CEST. A conference call will be held 12 May at 10:00 CEST for shareholders, analysts and media. The call will include a short presentation of the Q1 report and an update on the future strategy of Cavotec, including an update on the
