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 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 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 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 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 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
“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
Cavotec has launched PowerMove RoRo NxG, a next-generation mobile cable management system designed to simplify shore power connections for RoRo and RoPax vessels and support ports in their transition to cleaner operations.
Cavotec’s PowerMove shore power technology is already helping some of the world’s busiest ports reduce emissions and connect vessels to clean onshore electricity. The solutio
Cavotec has signed a significant order with a leading engineering company in India for the supply of motorised cable and hose reels. The reels are part of the customer’s first project for ship unloaders.
The order includes a total of fourteen motorised cable and hose reels for installation in ship unloaders at bulk material handling facilities in India. The systems will be used for unloading bu
Cavotec has signed an order valued at approximately EUR 13 million for the supply of MoorMaster automated vacuum mooring systems for a special application in North America. Deliveries are scheduled between October 2027 and March 2028.
The MoorMaster systems will help ensure safe, reliable, and efficient vessel operations. Cavotec has over 20 years of experience in automated vacuum mooring and M
Cavotec announces that Chief Financial Officer Joakim Wahlquist has decided to leave the company for another assignment. The recruitment process for a successor has been initiated. Joakim Wahlquist will remain in his role until a replacement is appointed or the latest until September 2026, to ensure an effective handover.
“Cavotec has an attractive offer in an exciting industry,” says Joakim Wa
Cavotec has received an order valued at approximately EUR 3 million for shore power systems to be deployed across several ports in southern Italy.
The order covers the supply of a range of Cavotec shore power technologies, including PowerFeed, PowerReach, and PowerMove systems. The solutions will enable vessels such as cruise, container and RoRo ships to connect to shore-side electricity while
