Cavotec wins breakthrough automated vacuum mooring order in Far East
In a major breakthrough for automated mooring, our MoorMaster technology has been selected for installation at a roll-on/roll-off berth in a key market in the Far East. This is the first installation of this unique mooring system in Asia and highlights widespread interest in the technology and its growing use around the world.
Cavotec to accelerate focus on cleantech - will invest 20 million euro to solidify leading position in expected multibillion euro market
The fast-growing market for electrification and automation of ports worldwide is estimated to be worth several billion euros in the coming years. Cavotec will invest EUR 20M in technology, engineering and business development over the next five years to strengthen its leading position and meet the expected demand. The global Cavotec team will grow by 60%, with two thirds being engineers.