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Cavotec Q3 2024 report: Strengthened profitability

Cavotec Q3 2024 report: Strengthened profitability

“The improved profitability demonstrates that we are on the right track to build a stronger Cavotec. The markets we target are to an increasing extent driven by new regulations in the environmental field and the urgent need to reduce emissions. This, combined with our ability to further enhance our offer, gives us good momentum to continue growing with both new and existing customers.” David Pagel

Cavotec PowerMove connects ships to shore power, significantly reducing emissions and contributing to more sustainable port operations.

Cavotec Signs EUR 6.5 Million Shore Power Orders for Mediterranean Ports

Cavotec has signed two major orders, totaling EUR 6.5 million, to provide its cutting-edge PowerMove shore power systems to two Mediterranean ports. These systems will support cruise ships and RoRo vessels by enabling them to connect to shore power, significantly reducing emissions and contributing to more sustainable port operations.

Cavotec MoorMaster NxG units at AMP Terminals MedPort Tangier

Cavotec commissions MoorMaster system in APM Terminals MedPort Tangier’s 800 m expansion

Cavotec is pleased to announce the successful commissioning of a MoorMaster automated vacuum mooring system at APM Terminals MedPort Tangier, Morocco. The system shortens the turnaround time of vessels at the terminal, increasing terminal productivity and lowering vessel fuel consumption.
APM Terminals Medport Tangier, part of the Tanger Med Port which ranked fourth in the world’s most efficien

Cavotec PowerFit is a complete containerised solution and includes all equipment for a high voltage shore connection.

Cavotec signs USD 5 million shore power order with global shipping company

Cavotec has signed an order for shore power with a global shipping company, valued at about USD 5 million. The order includes a substantial number of PowerFit shore power units, enabling vessels to connect to shore power with ease while docked. Deliveries is scheduled later this year.

With some 24,000 Cavotec installations worldwide and 85 service experts located close to its customers, Cavotec provides after-sales support around the clock.

Cavotec signs long-term service agreement with COSCO Group

Cavotec has signed a service partner agreement with COSCO Group, one of the world’s largest shipping companies. Based on the new long-term agreement, Cavotec will provide preventive maintenance for more than 60 ocean-going vessels equipped with Cavotec shore power systems.

The Megawatt Charging System is a turnkey DC charging solution with grid-to-inlet functionality that supports the decarbonisation of industrial vehicles and ships.

Cavotec launches ultra-fast Megawatt Charging System for battery-powered vehicles

Heralding a major breakthrough in industrial e-vehicle and e-vessel charging, global engineering group Cavotec has launched its ultra-fast Megawatt Charging System (MCS). Providing up to 3MW of power from a single connector, the MCS is a turnkey DC charging solution with grid-to-inlet functionality that supports the decarbonisation of industrial vehicles and ships.

A new charging system set to transform the market

A new charging system set to transform the market

We’re launching a brand-new charging solution at Bauma 2022 that is set to transform operational safety and efficiency at industrial applications all over the world. We’ll also be exhibiting our existing range of powerful charging and electrification technologies at the event that kicks off in Munich on 24th October. #bauma #evinfrastructure #emobility #constructionindustry #mining #tunneling

MoorMaster improves safety and operational efficiency, optimises the ship-to-shore interface, and in many cases enables ports to make infrastructure savings.

MoorMaster automated mooring completes one million moorings

Our MoorMaster™ automated mooring systems have completed more than one million moorings at bulk, ferry, Ro/Ro, container handling and lock applications all over the world, making ports safer, more efficient and more sustainable.

MoorMaster uses remote controlled automated vacuum pads to moor and release vessels in seconds.

Latest MoorMaster system enters service in New Zealand

Our MoorMaster automated vacuum mooring technology marks a major milestone today with the official opening of the new 6 Wharf at Napier Port in New Zealand, the country's fourth largest port by container handling volume.

Cavotec's innovative shore power connection systems are used on ships and at ports all over the world.

Cavotec further strengthens presence in Asian market with shore power orders worth EUR 2.2M

Cavotec has won landmark shore power connection orders from two major customers in Asia, highlighting Cavotec’s growing presence in the region and our key role in enabling the decarbonisation of the maritime sector. The total value of the orders is more than EUR 2.2M. The orders were booked in the first quarter and deliveries are expected to start in the third quarter of this year.

Cavotec CEO Mikael Norin says the company is now at an inflection point, where previously niche markets are becoming mass markets.

Foot on the accelerator

Cavotec CEO Mikael Norin has recorded a video message in which he speaks about our performance in 2021 and the success of our focus on cleantech solutions for ports and industrial applications, and how Cavotec is now at an inflection point, where previously niche markets are becoming mass markets.

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We connect the future.

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.

Cavotec

Corso Elvezia 16
CH-6900 Lugano
Switzerland