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Latest news

Cavotec's MoorMaster™ automated mooring technology registers two major breakthroughs

Cavotec's MoorMaster™ automated mooring technology registers two major breakthroughs

Press Releases   •   Jun 14, 2016 09:18 GMT

Cavotec's MoorMaster™ automated mooring technology has registered two major breakthroughs — completion of At Sea Demonstrations of the US Navy's Advanced Mooring System; and a second order for a combined MoorMaster™ and battery charging system for a hybrid passenger ferry application — underscoring the acceptance of MoorMaster™ in the industry, and the technology's substantial market potential.

Cavotec turnkey RRC package for steel plant

Cavotec turnkey RRC package for steel plant

Blog posts   •   May 27, 2016 10:00 GMT

In the latest development for Cavotec turnkey radio remote control (RRC) technologies, our innovative RRCs are being used to operate a bulldozer at a BOSS steel plant in Port Talbot in the UK.

Michael Colaco sells 2.8 million Cavotec shares to pay USD 6.7 million to Cavotec

Michael Colaco sells 2.8 million Cavotec shares to pay USD 6.7 million to Cavotec

Press Releases   •   May 18, 2016 08:10 GMT

The Chief Executive Officer of Cavotec SA ("Cavotec" or the "Company"), Ottonel Popesco, is pleased to announce that on 17 May 2016, Michael Colaco, the former owner of INET Airport Systems, sold 2.8m shares in Cavotec to pay USD 6.7m pursuant to the court judgment entered in favour of Cavotec in a lawsuit in the Orange County Superior Court in California, USA.

Cavotec SA - 1Q16 Report

Cavotec SA - 1Q16 Report

Press Releases   •   May 10, 2016 10:23 GMT

This is a summary of the 1Q16 published today. The complete 1Q16 report with tables is available at http://investor.cavotec.com/results.cfm. Investors should not rely on summaries only, but should review the complete reports with tables.

Cavotec and ABB join forces to offer shore-to-ship power solutions, boosting "green ports"

Cavotec and ABB join forces to offer shore-to-ship power solutions, boosting "green ports"

Press Releases   •   Apr 28, 2016 09:27 GMT

Cavotec and ABB have signed a Memorandum of Understanding to jointly offer complete shore-to-ship power solutions globally. Such solutions allow vessels to plug into onshore power supply and shut down their engines, eliminating noxious emissions, noise and vibrations while berthed in ports that are often located in city surrounds.

Report from Cavotec SA Ordinary General Meeting 2016

Report from Cavotec SA Ordinary General Meeting 2016

Press Releases   •   Apr 22, 2016 13:36 GMT

​Cavotec SA ("the Company") today held its Ordinary General Meeting ("OGM") in Lugano, Switzerland, while shareholders could follow proceedings via a passive video-link from Stockholm, Sweden. Fabio Cannavale chaired the OGM. Here follows a report on the resolutions that were passed.

Cavotec UK marks opening of new premises

Cavotec UK marks opening of new premises

Blog posts   •   Apr 15, 2016 13:52 GMT

Cavotec UK recently completed a successful move to new and larger premises in Stockton-on-Tees, a site ideally suited to the company’s future growth and expansion. Working closely with landlord UK Land Estates, Cavotec UK has also overseen the full redevelopment of the site.

Cavotec 4Q15 Report and full year 2015 summary

Cavotec 4Q15 Report and full year 2015 summary

Press Releases   •   Feb 25, 2016 12:20 GMT

This is a summary of the 4Q15 report and full year 2015 summary published today. The complete 4Q15 report and full year summary with tables is available at http://investor.cavotec.com/results.cfm. Investors should not rely on summaries only, but should review the complete reports with tables.

MoorMaster™ to be introduced at two UK passenger ferry berths

MoorMaster™ to be introduced at two UK passenger ferry berths

Blog posts   •   Feb 09, 2016 14:12 GMT

In the latest development for our innovative MoorMaster™ mooring technology in the UK, ​Wightlink Ferries is to introduce the system at two of its passenger and vehicle ferry berths in Portsmouth, (on the mainland), and Fishbourne on the Isle of Wight.

Cavotec & Wärtsilä to develop world’s first marine wireless charging and mooring concept

Cavotec & Wärtsilä to develop world’s first marine wireless charging and mooring concept

Press Releases   •   Jan 25, 2016 08:03 GMT

An agreement has been signed between Cavotec Group and Wärtsilä to jointly develop the world’s first combined induction charging and automatic mooring concept.

MoorMaster™ at Helsinki: installation on-going

MoorMaster™ at Helsinki: installation on-going

Blog posts   •   Dec 11, 2015 06:36 GMT

The Port of Helsinki's MoorMaster™ project continues to progress smoothly, with installation of the automated mooring units underway, and commissioning scheduled for April/May 2016.

Cavotec wins port equipment orders worth more than EUR 9 million

Cavotec wins port equipment orders worth more than EUR 9 million

Press Releases   •   Nov 16, 2015 10:33 GMT

News of five separate orders with a combined value of more than EUR 9 million for some of its key innovative technologies, including the Group's MoorMaster automated mooring system and the new Automatic Plug-in System (APS), highlighting the strength and diversity of Cavotec's portfolio.

Cavotec SA — 3Q15 Report

Cavotec SA — 3Q15 Report

Press Releases   •   Nov 05, 2015 11:19 GMT

This is a summary of the 3Q15 report published today. The complete 3Q15 report and full year summary with tables is available at http://investor.cavotec.com/results.cfm. Investors should not rely on summaries only, but should review the complete reports with tables.

Cavotec's 3Q15 report and conference call

Cavotec's 3Q15 report and conference call

Press Releases   •   Nov 02, 2015 09:00 GMT

Cavotec will publish its 3Q15 results on Thursday 5 November 2015 at approximately 12:00 CET. A conference call for shareholders, analysts and media will be held at 13:00 CET.

MoorMaster™ wins vacuum innovation award

MoorMaster™ wins vacuum innovation award

Blog posts   •   Oct 23, 2015 08:00 GMT

Cavotec's innovative MoorMaster™ automated mooring technology has won the Busch Vacuum Innovation Award 2015, for its use of Busch vacuum technology, the latest in a series of industry awards for MoorMaster™.

Cavotec gears up for Offshore Technology Days

Cavotec gears up for Offshore Technology Days

Blog posts   •   Oct 19, 2015 11:00 GMT

Our offshore technologies experts are preparing for the Offshore Technology Days trade show which gets underway tomorrow at the home of the Norwegian energy industry, Stavanger.

Cavotec SA announces change in FY15 guidance

Cavotec SA announces change in FY15 guidance

Press Releases   •   Oct 19, 2015 08:15 GMT

Due to very challenging delivery schedules for 4Q15 the Board and Management of Cavotec SA have today issued new FY15 guidance of revenues between EUR 230 and 235 million and a somewhat reduced level of profitability compared to FY14. Previous guidance was for moderate FY15 revenue growth and a strengthening EBIT towards the second half of the year.

Cavotec co-launches Norwegian shore power initiative

Cavotec co-launches Norwegian shore power initiative

Blog posts   •   Oct 16, 2015 08:00 GMT

Following the success of electric car incentive programmes in Norway, a group of engineers, investors, and representatives from the maritime sector are teaming up to expand the use of electrically powered ships in the Nordic country.

Cavotec wins MoorMaster™ orders in Australia, Canada and USA worth EUR 6.5 million

Cavotec wins MoorMaster™ orders in Australia, Canada and USA worth EUR 6.5 million

Press Releases   •   Oct 13, 2015 08:00 GMT

Global engineering group Cavotec has been awarded three separate orders for its innovative MoorMaster™ automated mooring technology for applications in Australia, Canada and the United States, with a combined value of approximately EUR 6.5 million.

Cavotec concludes successful inter airport Europe

Cavotec concludes successful inter airport Europe

Blog posts   •   Oct 09, 2015 13:31 GMT

Our Airports team is concluding another successful inter airport Europe which saw the launch of our new Series 2500+ frequency converter, as well as fruitful meetings with customers, suppliers and the media.