A cutting-edge technology for the fast mooring of ships deployed by the Port of Helsinki is estimated by DNV GL Maritime Advisory to reduce carbon dioxide and NOx emissions equivalent to taking some 5,000 diesel cars off the streets.

Cavotec has extended its leading position in automated mooring with two major orders for its MoorMaster™ NxG system, one in Sweden – the first order for MoorMaster in a market with considerable growth potential – and the other in neighbouring Finland, where the technology is already well established.

MoorMaster as a Service enables customers to benefit from the productivity of MoorMaster® with zero upfront investment and a full performance guarantee.

Cavotec has been awarded an order for its next generation vacuum mooring technology, MoorMaster™ NxG, from leading Norwegian ferry operator Fjord 1. The systems will be used with a new-build, zero-emission vessel to reduce energy consumption in port. The customer has also signed a long-term service agreement for the operator’s existing MoorMaster vacuum mooring systems and e-vessel charging units.

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 secured in the first quarter. These systems enable dramatic pollution reductions and are the latest example of how we are enabling the decarbonization of the global ports and shipping sector.

We are delighted to announce that Cavotec China has won the Excellent Supplier Award from infrastructure equipment manufacturer Epiroc, one of our key customers. The award is a tribute to the commitment of our colleagues in Shanghai and throughout Cavotec Group to creating a strong partnership with Epiroc China and helping Epiroc to improve its position on the highly competitive Chinese market.

A decade after installing MoorMaster™ 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.

In a major breakthrough for automated mooring, our MoorMaster 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 its growing use around the world.

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 portside ship emissions by 90%.

The fast-growing market for electrification and automation of ports worldwide is estimated to be worth several billion euros in the coming years. Cavotec will invest EUR 20M in technology, engineering and business development over the next five years to strengthen its leading position and meet the expected demand. The global Cavotec team will grow by 60%, with two thirds being engineers.