“The order intake increased 11.0% in the quarter, mainly due to good demand for Ports & Maritime’s product and service offerings. Our profitability has improved steadily since the start of 2023 thanks to our extensive change programs. It is within our Ports & Maritime segment that we see the strongest improvements being realized and we are increasing our focus on implementing the same chan
Cavotec, a leading cleantech company, is pleased to announce the inauguration of its new production facility in Chennai, India. This strategic expansion is aimed at serving both the fast growing domestic market in India and the extensive global market.
Cavotec is excited to announce the inauguration of our MoorMaster automated vacuum mooring system today at DP World San Antonio, the largest multipurpose port in Chile. This significant milestone marks the first implementation of an automated mooring system in South America, setting a new standard for port technology in the region.
“Our performance improved also in this quarter, proving our extensive change programs with focus on profitable growth to be effective. We are successful with our focus on the service business and the margin-improving measures are beginning to have an effect. Our business is driven by the megatrend of electrification of society and our largest segment – Ports & Maritime – is also driven by exte
Cavotec has signed a new service agreement with Port of Salalah in Oman. The agreement means that Cavotec will perform service of its 32 installed MoorMaster vacuum mooring units.
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.
Cavotec has signed a service agreement with APM Terminals at the Port of Tanger Med. The agreement means that Cavotec will perform service for all its MoorMaster NxG units and Power Units operational at the port.
Cavotec has signed an agreement to divest its Airports business to US-based investment company Fernweh Group LLC.
How is Cavotec making profitable sustainability a reality for customers worldwide, ensuring a future world that is safer, more efficient, and more sustainable today? At a recent investors’ meeting event that we hosted in Stockholm and online, we set out how we’re a key enabler of profitable sustainability. We spoke to Memed Uzel, Cavotec’s Chief Commercial Officer, to find out more.
Global engineering group Cavotec has launched its new tagline and strategic direction statement. Two defining elements of the Cavotec identity that reflect the Group’s key role as a trusted industrial partner for a global customer base, and its intent to maximise future growth potential.
When ZPMC – one of the world’s leading manufacturers of heavy duty equipment and STS cranes – needed to ensure safe, reliable, and cost efficient maintenance of STS cranes at automated container terminals in China and Morocco, they selected our advanced Radio Remote Control (RRC) units to do the job.
We’re delighted to announce that the new Cavotec website is now live at cavotec.com.
Cavotec will once again be exhibiting at TOC Asia, one of global shipping's top events, which will be held in Singapore at the end of April. During the show, Mike Howie, one of our automated mooring experts, will deliver a speech at an innovation session about the safety, operational and operational benefits of our unique MoorMaster™ automated mooring technology.
The Port of Helsinki recently held an official opening ceremony for its new West Terminal 2 passenger ferry terminal, where our innovative MoorMaster™ automated mooring system moors large ferries safely, quietly, cleanly and efficiently.
Global engineering group Cavotec has been awarded significant orders for its innovative systems for marine propulsion, shore power supply, and crane electrification systems, with a combined value of EUR 10 million, highlighting the Group's pivotal position in the global Ports & Maritime segment.
In line with Cavotec’s overall programme of CSR initiatives that promote sustainable operations across the Group, we're encouraging the wider use of electric car charging stations at Cavotec car parks.
Cavotec SA's previously announced strategic plan and new organisational structure — based on two distinct Business Units (BU), Ports & Maritime and Airports & Industry — entered into effect on January 1, 2017.
Ever dreamt of drifting lazily on a luxury yacht? The Cavotec France team recently came a little closer to realising that dream – although no drifting was involved – when they installed a shore power connection system at Port Vauban, a marina located in Antibes on the French Riviera.
Marine systems innovator Cavotec has won important MoorMaster™ automated mooring orders from existing MoorMaster™ customer, the Port of Salalah in Oman, for use at two container berths – another sign of the increasing acceptance of this innovative mooring technology by the global shipping sector.
Cavotec will publish its 3Q16 report on Thursday, 3 November, 2016 at approximately 12:00 CET. A conference call for shareholders, analysts and media will be held at 13:00 CET. Participating on the conference call from Cavotec will be CEO Ottonel Popesco and Kristiina Leppänen, CFO and IR. The meeting will start with some background on the 3Q16 results and will be followed by a Q&A session.
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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