Cavotec Hong Kong Limited, a wholly-owned subsidiary of Cavotec SA, has signed a Letter of Intent with Shanghai Zhenhua Heavy Industries Company Limited (ZPMC), a major publicly traded state-owned enterprise listed on the Shanghai Stock Exchange and a leader in the global heavy equipment manufacturing sector. This significant agreement, overseen by ZPMC’s principal shareholder, China Communication
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
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.
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 won a shore power order valued at EUR 15.7 million from a major global shipping line. Deliveries are scheduled to start in the fourth quarter of 2022 and continue throughout 2023 and 2024.
Cavotec has once again been awarded shore power equipment orders from a major global shipping line. The equipment, which will enable safe and fast connection to shoreside electricity, will be retrofitted to some of the largest container ships in the world.
Cavotec has signed an agreement to divest its Airports business to US-based investment company Fernweh Group LLC.
Cavotec is to open a new office in Malaysia to create a stronger presence in the Asian market. Opening the new office is a key part of Cavotec’s strategy to further leverage its strong position in the fast-growing markets for electrification and automation of ports in Asia and around the world.
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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