Cavotec wins EUR 5M in additional cleantech orders to equip world’s largest container ships with ShorePower systems
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.
Cavotec wins supplier excellence award in China
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.
Cavotec wins major MoorMaster service contract in Western Australia
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.
Cavotec wins breakthrough automated vacuum mooring order in Far East
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 wins multi-million euro cleantech contract. Shore power to cut ship emissions by 90% in Malta's Valletta Grand Harbour.
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%.
Cavotec to accelerate focus on cleantech - will invest 20 million euro to solidify leading position in expected multibillion euro market
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.
The Five Steps to Take Charge of Portside Pollution
The shipping industry is responsible for more than 2.5% of the world’s emissions. If the shipping sector were a country, it would be the sixth largest polluter in the world. But we can change this. We have the technology today that can be retrofitted to existing ships to reduce harmful emissions. We also have the technology to upgrade our ports to reduce pollution.
Cavotec to focus on growing markets for sustainability solutions in Ports & Maritime and Industry – Initiates process to divest the Airports business
Cavotec will focus resources and make investments to further develop its leading position within electrification and automation for improved sustainability in its fast-growing ports & maritime and specialized industrial applications markets and, as a consequence, will divest its Airports business.
Technological innovation can alleviate port congestion and improve supply chain resilience
In recent weeks, ports around the world have been hit by delays and backlogs caused by factors including a surge in demand, a lack of empty containers, and the coronavirus – the latter manifesting as mass quarantining, social distancing, illness, and lockdowns. In the UK, these issues were compounded by fears of a no-deal Brexit.
SeaRoad selects MoorMaster® NxG™ to again expand RO/RO capacity. Second order for product launched on 27 October
In mid-2021, transport and logistics provider, SeaRoad, will be the first to put the next generation Cavotec vacuum mooring technology, MoorMaster NxG, into commercial operation. The new NxG units will be integrated with SeaRoad’s original MoorMaster systems installed in 2003.
How Cavotec is making profitable sustainability a reality
How is Cavotec making profitable sustainability a reality for customers worldwide, ensuring a future world that is safer, more efficient, and more sustainable today? At a recent investors’ meeting event that we hosted in Stockholm and online, we set out how we’re a key enabler of profitable sustainability. We spoke to Memed Uzel, Cavotec’s Chief Commercial Officer, to find out more.
Cavotec invited to help shape the future of e-vehicle charging
Cavotec has joined CharIN, (Charging Interface Initiative), a network of companies developing global standards for charging battery powered vehicles. By bringing 40 years of experience in high-power electrification and connection technologies, Cavotec will help the network shape the future of e-vehicle charging focusing on applications that require high power, high speed charging.