Press release -
Cavotec receives shore power retrofit order from major European shipping line worth USD 5.7 million
Cavotec has signed a contract to retrofit vessels with shore power solutions for a major European shipping line. The order value is USD 5.7 million, and deliveries are scheduled throughout 2024.
The agreement entails the complete retrofit of container vessels from installation of Cavotec's cable management system to modifications of the ship’s switchboards. The work will be completed in drydock for some of the vessels and during commercial sailing for the remainder.
The implementation of Cavotec's shore power technology enables vessels to connect to clean electrical energy in ports and shut off their main generators, thereby reducing noise and emissions in nearby communities. This initiative underscores the shipping company's dedication to sustainability practices, and it prepares the shipping line’s fleet for existing and upcoming regulations governing shore power usage.
Cavotec's extensive experience in providing innovative shore power solutions, such as PowerAMPReels and PowerFits, has played a pivotal role in securing this contract. This new endeavor further solidifies Cavotec's longstanding partnership with the European shipping giant, building upon previous collaborations in supplying shore power solutions.
"We are proud to strengthen our collaboration with this esteemed European shipping line," said Patrick Mares, President of the Ports & Maritime Division at Cavotec. "This partnership exemplifies our shared commitment to advancing sustainable maritime operations and underscores Cavotec's leading position in the shore power retrofit market."
If you would like to know more about retrofitting vessels to shore power, please visit our website at cavotec.com or contact us at firstname.lastname@example.org.
Cavotec is a leading cleantech company that develops connection and electrification solutions that enable the decarbonisation of ports and industrial applications.