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 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
“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 a contract to retrofit vessels with shore power solutions for a major European shipping line. The order value is USD 5.7 million, and deliveries are scheduled throughout 2024.
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.
Cavotec has won a 6.65 million euro order from one of the world’s largest shipping lines for shore power connection equipment for new-build container ships. Deliveries will be made between late 2023 and early 2025. The contract further strengthens Cavotec’s leading position in the decarbonisation of the maritime industry.
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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