Follow-up on Cavotec's largest single MoorMaster™ order to date

Press release -

Follow-up on Cavotec's largest single MoorMaster™ order to date

This is a follow-up on our press release of November 7 titled: "Cavotec wins largest MoorMaster™ automated mooring order to date".

In the abovementioned release we indicated that a joint press release with the customer was to be published at a later date. We are pleased to advise that the customer, Transnet National Ports Authority (TNPA) of South Africa, has now released their own press release regarding this milestone MoorMaster™ order.

An online version of their press release can be found at: http://www.engineeringnews.co.za/article/tnpa-invests-r140m-in-africas-first-automated-mooring-system-2013-11-13

MoorMaster™ is a vacuum-based automated mooring technology that eliminates the need for conventional mooring lines. Remote controlled vacuum pads recessed in, or mounted on the quayside or pontoons, moor and release vessels in seconds.

Cavotec develops advanced technologies that help ports around the world operate safely, efficiently and sustainably. In addition to automated mooring, these include shore power technologies, Panzerbelt cable protection systems, crane controllers, marine propulsion slip rings, power chains and connectors, radio remote controls and motorised cable reels.

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Cavotec is a leading global engineering group, developing innovative technologies that enable the maritime, airports, mining and tunnelling, and general industry sectors to operate productively and sustainably.

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Joakim Wahlquist

Joakim Wahlquist

Press contact Chief Financial Officer +46704034786

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