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Cavotec signs EUR 8 million shore power order from leading global shipping company
Cavotec has signed an order valued at approximately EUR 8 million to supply shore power systems for newbuild container ships operated by a leading global shipping company.
The order includes Cavotec's PowerAMPReel shipboard shore power systems together with associated equipment and services. Deliveries are scheduled during 2028–2029.
The systems enable the vessels to connect to shore power -
Cavotec signs EUR 7 million order to retrofit container vessels for shore power
Cavotec has signed an order valued at EUR 7 million with a global container shipping company to retrofit vessels for shore power.
The order covers the retrofit of low- and medium-voltage container vessels with shore power technology. The retrofitting work will be carried out while the vessels remain in operation, so as not to interrupt their sailing schedules. The order was signed in the second -
Cavotec signs shore power order for cruise terminal expansion in Southern California
Cavotec has signed an order worth approximately EUR 1.5 million for shore power equipment for the expansion of a cruise terminal in Southern California, USA.
The shore power systems will enable cruise vessels to connect to the local electrical grid while at berth, helping to significantly reduce emissions and noise compared with running onboard engines.
The order includes Cavotec's PowerMove -
Cavotec appoints Christoffer Robertsson as new CFO
Cavotec has appointed Christoffer Robertsson as new CFO, effective 17 August 2026. Christoffer Robertsson succeeds Joakim Wahlquist who is leaving Cavotec for another assignment as previously communicated.
Christoffer Robertsson is a finance executive and CFO with extensive international experience in business control and performance management in industrial and project-based environments. He m -
Cavotec launches PowerAccESS battery system for sustainable crane operations
Cavotec has launched PowerAccESS, a modular and mobile battery Energy Storage System (ESS) designed to support the electrification of port crane operations.
Developed for demanding and evolving port environments, PowerAccESS provides reliable zero-emission power for RTG cranes during block changes as a one-to-one replacement for diesel generators. The system can also be integrated into existing -
Cavotec renews service agreement with Port of Salalah in Oman
Cavotec has renewed its service agreement with the Port of Salalah in Oman for another two years. The first agreement was signed in 2016.
Under the agreement, Cavotec will continue to be responsible for the 24/7 on-site repair and maintenance for 32 MoorMaster vacuum mooring units. Cavotec has supplied the MoorMaster systems which are critical to ensuring operational efficiency, particularly i -
Cavotec Q1 2026 report: Strong order intake but lower revenue and profitability after weak market in 2025 – cost-saving measures initiated
“Order intake was strong in the first quarter in both our divisions, but revenue and profitability decreased due to the weak market in 2025. During the quarter, we initiated cost-saving measures to reduce costs of approximately EUR 3 million with full effect in early 2027. With these measures, we are shaping a stronger Cavotec and are better equipped to create value as volumes increase.” David Pag
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Contacts
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Christoffer Robertsson Press contact Chief Financial Officer christoffer.robertsson@cavotec.com