Cavotec will publish its 3Q16 report on Thursday, 3 November, 2016 at approximately 12:00 CET. A conference call for shareholders, analysts and media will be held at 13:00 CET. Participating on the conference call from Cavotec will be CEO Ottonel Popesco and Kristiina Leppänen, CFO and IR. The meeting will start with some background on the 3Q16 results and will be followed by a Q&A session.
We're delighted that the carbon fibre passenger ferry, Vision of the Fjords, has been named "Ship of the Year" at SMM in Hamburg, the world's leading maritime trade fair. This extraordinary battery-powered hybrid vessel relies on Cavotec shore power systems to charge its battery units.
We have recently built what is believed to be one of the world’s largest mono-spiral motorised cable reels. With a drum diameter of 9.2m, and weighing in at 10,000kg, it is the largest drum manufactured by Cavotec to date.
Our innovative mooring technology for ships, MoorMaster™, recently achieved a landmark 200,000 moorings at applications worldwide, highlighting the growing acceptance of this unique technology.
During 1H16 and the first weeks of 3Q16, leading engineering group Cavotec has won more orders for its innovative shore power systems with a total value of approximately EUR 11.5 million, underlining the Group’s central position in this growing segment, and the ports sector as a whole.
Global engineering group Cavotec has inaugurated the construction of its new, state-of-the-art R&D and manufacturing premises outside Milan for its Cavotec Specimas business, a facility that will support the continued development of key technologies that will in turn ensure future growth for the group.
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.
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.
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.
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 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.
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.
