The Board of Directors of Cavotec SA is pleased to announce that Mikael Norin has been appointed CEO of the Cavotec Group. Mikael Norin will join Cavotec on May 1, 2017 and will, after a transition period, assume full responsibility as CEO on July 1, 2017. He will be based at the company's headquarters in Lugano, Switzerland.
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.
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.
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.
During 1H16 and the first weeks of 3Q16, leading engineering group Cavotec has won more orders for its innovative shore power systems with a total value of approximately EUR 11.5 million, underlining the Group’s central position in this growing segment, and the ports sector as a whole.
Global engineering group Cavotec has inaugurated the construction of its new, state-of-the-art R&D and manufacturing premises outside Milan for its Cavotec Specimas business, a facility that will support the continued development of key technologies that will in turn ensure future growth for the group.
Cavotec's MoorMaster™ automated mooring technology has registered two major breakthroughs — completion of At Sea Demonstrations of the US Navy's Advanced Mooring System; and a second order for a combined MoorMaster™ and battery charging system for a hybrid passenger ferry application — underscoring the acceptance of MoorMaster™ in the industry, and the technology's substantial market potential.
Cavotec and ABB have signed a Memorandum of Understanding to jointly offer complete shore-to-ship power solutions globally. Such solutions allow vessels to plug into onshore power supply and shut down their engines, eliminating noxious emissions, noise and vibrations while berthed in ports that are often located in city surrounds.
Cavotec SA ("the Company") today held its Ordinary General Meeting ("OGM") in Lugano, Switzerland, while shareholders could follow proceedings via a passive video-link from Stockholm, Sweden. Fabio Cannavale chaired the OGM. Here follows a report on the resolutions that were passed.
An agreement has been signed between Cavotec Group and Wärtsilä to jointly develop the world’s first combined induction charging and automatic mooring concept.
News of five separate orders with a combined value of more than EUR 9 million for some of its key innovative technologies, including the Group's MoorMaster automated mooring system and the new Automatic Plug-in System (APS), highlighting the strength and diversity of Cavotec's portfolio.
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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