Cavotec revenues jump more than 50 per cent
Global engineering group Cavotec published its 4Q11 report this morning with total revenues up 50.8 per cent compared to 2010, coming in at EUR 60.2 million.
Global engineering group Cavotec published its 4Q11 report this morning with total revenues up 50.8 per cent compared to 2010, coming in at EUR 60.2 million.
Cavotec has won three orders for cable reel systems by industrial equipment manufacturer ZPMC for port operators DP World and Patrick Terminals that will power ship-to-shore cranes at applications in Australia, Brazil and the UK.
Cavotec has won a contract to electrify eight rubber tyred gantry (RTG) cranes at DP World's Jebel Ali port in Dubai; a move that will realise significant reductions in energy costs and emissions.
Cavotec's automated mooring technology, MoorMaster™, wins two awards celebrating engineering. Firstly, the technology was a key component in the Port Hedland Port Authority (PHPA) and Pinc Group’s successful entry for the 2011 Western Australia Engineering Excellence Awards. The second award was the Australia Bulk Handling Award 2011 for Best Practice in Occupational Health & Safety.
Global engineering group, Cavotec is pleased to report another success for its automated mooring technology, MoorMaster™. Leading mining group, Fortescue Metals Group, has ordered 24 MoorMaster™ units for use at Port Hedland in Western Australia: a project that highlights how this innovative technology improves productivity and reduces infrastructure costs.
Cavotec has fulfilled a series of requirements clearing the way towards moving its listing to the NASDAQ OMX, Stockholm.
Cavotec reports news of one of its largest automated mooring projects: 24 MoorMaster™ MM200C units for a container application in the Mediterranean.
Cavotec’s automated mooring technology, MoorMaster™, has been selected by Australian mining company, Karara Mining Ltd., for use at their dedicated iron ore handling facility at the Port of Geraldton in Western Australia.
Cavotec is a leading cleantech company that designs and delivers connection and electrification solutions that enable the decarbonisation of ports and industrial applications. Backed by more than 40 years of experience, we provide systems that ensure safe, efficient and sustainable operations for a wide variety of customers and applications worldwide.
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