Categories: ports & maritime

Cavotec Q1 2025 report: Strengthened financial position and results that reflect the project-driven business

Cavotec Q1 2025 report: Strengthened financial position and results that reflect the project-driven business

“This quarter reflects our project-driven business, where revenue and earnings may fluctuate between quarters depending on which projects we invoice. We are seeing an increasingly uncertain global environment, while our business remains fundamentally strong with solid demand, and we have continued to strengthen our financial position during the quarter. The order intake should be viewed in the con

Cavotec Launches MCS Manual Dispenser for Ultra-Fast Charging of Heavy-Duty Electric Vehicles and Vessels

Cavotec Launches MCS Manual Dispenser for Ultra-Fast Charging of Heavy-Duty Electric Vehicles and Vessels

Cavotec is proud to announce the launch of the MCS Manual Dispenser, designed to support the Megawatt Charging System (MCS) for high-power charging applications. Perfect for industries such as mining, construction, ports, and transportation, this new solution delivers up to 4.5 MW of charging power, efficiently powering electric heavy-duty vehicles, construction machinery, e-trucks and vessels.

Cavotec publishes its 2024 Annual and Sustainability Report

Cavotec Publishes Annual and Sustainability Report 2024

Cavotec has published its Annual and Sustainability Report 2024, highlighting the company’s financial performance, strategic progress, and sustainability initiatives over the past year.
David Pagels, Cavotec CEO, commented on the company’s progress:
"In 2024, we established a stronger Cavotec with higher profitability and a strengthened financial position. Thanks to the success of our change

Solid financial improvements in 2024

Solid financial improvements in 2024

“We ended 2024 with strong order intake, higher order backlog and improved operating profitability. In 2024, we have established a stronger Cavotec with higher profitability and strengthened financial position. Thanks to the success of our change programs, we have also been able to invest in product development which have further strengthened our competitiveness. With the continued good demand for

Jonathan Eriksson (on the left) and Nicklas Vedin join the Cavotec Group Management.

Cavotec appoints new members of Group Management

Cavotec has appointed Jonathan Eriksson as Senior Vice President and Head of Industry Division and Nicklas Vedin as Senior Vice President and Head of Ports & Maritime Division. Patrick Mares, in Group Management since 2019, has been appointed Senior Vice President, Product Management and Chief Technology Officer.

Cavotec PowerMove shore power systems enable ports to reduce emissions and improve their environmental performance.

Cavotec Signs EUR 7 Million in Shore Power Orders for Italian Ports

Cavotec has signed three significant shore power orders totaling EUR 7 million for Italian ports, received at the end of 2024. These orders highlight the growing adoption of sustainable port technologies in Italy, as ports transition to more environmentally friendly operations.

Cavotec SA Signs Strategic Cooperation Agreement with Shanghai Zhenhua Heavy Industries (ZPMC)

Cavotec SA Signs Strategic Cooperation Agreement with Shanghai Zhenhua Heavy Industries (ZPMC)

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 PowerMove connects ships to shore power, significantly reducing emissions and contributing to more sustainable port operations.

Cavotec Signs EUR 6.5 Million Shore Power Orders for Mediterranean Ports

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 MoorMaster NxG units at AMP Terminals MedPort Tangier

Cavotec commissions MoorMaster system in APM Terminals MedPort Tangier’s 800 m expansion

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 CEO David Pagels cuts the ribbon during the inauguration ceremony.

Cavotec Inaugurates New Production Facility in Chennai, India

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 PowerFit is a complete containerised solution and includes all equipment for a high voltage shore connection.

Cavotec signs USD 5 million shore power order with global shipping company

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.

MoorMaster improves safety and operational efficiency, optimises the ship-to-shore interface, and in many cases enables ports to make infrastructure savings.

MoorMaster automated mooring completes one million moorings

Our MoorMaster™ automated mooring systems have completed more than one million moorings at bulk, ferry, Ro/Ro, container handling and lock applications all over the world, making ports safer, more efficient and more sustainable.

MoorMaster uses remote controlled automated vacuum pads to moor and release vessels in seconds.

Latest MoorMaster system enters service in New Zealand

Our MoorMaster automated vacuum mooring technology marks a major milestone today with the official opening of the new 6 Wharf at Napier Port in New Zealand, the country's fourth largest port by container handling volume.

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We connect the future.

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.

Cavotec

Corso Elvezia 16
CH-6900 Lugano
Switzerland

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