Cavotec appoints David Pagels as new CEO
David Pagels, 54, has been appointed CEO of Cavotec SA. Pagels will assume the position as CEO of Cavotec during May 2022.
Topics: Science, technology
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Cavotec wins breakthrough cleantech order for industrial battery charging worth over EUR 3M
In a major development signalling Cavotec’s entry into industrial battery charging for heavy duty vehicles, Cavotec is to supply a proof-of-concept battery charging system for use with heavy-duty mining trucks. The value of this first order is over EUR 3M with a potential for follow up orders, opening up a market that is estimated to be worth several hundred million euros in the coming years.
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Cavotec further strengthens presence in Asian market with shore power orders worth EUR 2.2M
Cavotec has won landmark shore power connection orders from two major customers in Asia, highlighting Cavotec’s growing presence in the region and our key role in enabling the decarbonisation of the maritime sector. The total value of the orders is more than EUR 2.2M. The orders were booked in the first quarter and deliveries are expected to start in the third quarter of this year.
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Foot on the accelerator
Cavotec CEO Mikael Norin has recorded a video message in which he speaks about our performance in 2021 and the success of our focus on cleantech solutions for ports and industrial applications, and how Cavotec is now at an inflection point, where previously niche markets are becoming mass markets.
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Cavotec wins cleantech orders worth EUR 2M to equip world’s largest container ships
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.
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Cavotec wins shore power orders valued at EUR 4.5M for new-build container ships
Cavotec wins shore power orders valued at EUR 4.5M for new-build container ships
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Mikael Norin to leave position as CEO of Cavotec in 2022
Mikael Norin has decided to leave his position as Group CEO of Cavotec. Norin is expected to leave the company later in the year when a successor is in place.
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Cavotec wins cleantech orders worth EUR 6.5M from two of the world’s largest shipping lines
Cavotec has won substantial orders for its shore power connection systems from two of the world’s largest container shipping lines, underlining its role as a leading supplier of cleantech systems and a key enabler of the decarbonisation of ports.
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Cavotec shore power solutions help Port of Marseille to reduce surge in ship emissions in wake of pandemic
Shore power is increasingly seen as an effective way to reduce emissions from ships in port. The problem has intensified in the wake of the pandemic, as cruise ships that previously stayed in ports for a matter of hours, stay at the same berths continually running their conventionally-powered engines. Cavotec's shore power solutions are addressing the issue.
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Automated mooring can cut pollution equal to a million cars. Free tool available for ports to calculate impact.
A new case study by Starcrest Consulting Group shows fast mooring with Cavotec’s MoorMaster automated mooring system can reduce annual carbon emissions from container vessels by tens of thousands of tonnes in a single port.
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Automated mooring substantially reduces harmful emissions in Helsinki city centre
A cutting-edge technology for the fast mooring of ships deployed by the Port of Helsinki is estimated by DNV GL Maritime Advisory to reduce carbon dioxide and NOx emissions equivalent to taking some 5,000 diesel cars off the streets.
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Cavotec secures order with Port of Stockholm for first automated mooring system in Sweden, reducing CO2 emissions by up to 5,000 tonnes per year
Cavotec has extended its leading position in automated mooring with two major orders for its MoorMaster™ NxG system, one in Sweden – the first order for MoorMaster in a market with considerable growth potential – and the other in neighbouring Finland, where the technology is already well established.
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More orders in Norway for Cavotec’s next generation vacuum mooring system
Cavotec has been awarded an order for its next generation vacuum mooring technology, MoorMaster™ NxG, from leading Norwegian ferry operator Fjord 1. The systems will be used with a new-build, zero-emission vessel to reduce energy consumption in port. The customer has also signed a long-term service agreement for the operator’s existing MoorMaster vacuum mooring systems and e-vessel charging units.
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Cavotec wins EUR 5M in additional cleantech orders to equip world’s largest container ships with ShorePower systems
Cavotec has won a series of orders in the second quarter with a total value of EUR 5M to equip the world’s largest new-build container ships with ShorePower systems. This is in addition to EUR 3M in orders secured in the first quarter. These systems enable dramatic pollution reductions and are the latest example of how we are enabling the decarbonization of the global ports and shipping sector.
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Cavotec wins major MoorMaster service contract in Western Australia
A decade after installing MoorMaster™ automated vacuum mooring at an iron ore berth in Western Australia, Pilbara Ports Authority has now selected Cavotec to secure availability and extend lifetime of its mooring system.
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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.
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Cavotec wins multi-million euro cleantech contract. Shore power to cut ship emissions by 90% in Malta's Valletta Grand Harbour.
Cavotec has been awarded a contract by Nidec ASI as part of their EUR 12 million deal to provide ShorePower to five cruise liner berths at Malta’s Valletta Grand Harbour. The project is part of a major EU funded initiative by Infrastructure Malta to electrify the entire harbour and reduce harmful portside ship emissions by 90%.
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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.
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The Five Steps to Take Charge of Portside Pollution
The shipping industry is responsible for more than 2.5% of the world’s emissions. If the shipping sector were a country, it would be the sixth largest polluter in the world. But we can change this. We have the technology today that can be retrofitted to existing ships to reduce harmful emissions. We also have the technology to upgrade our ports to reduce pollution.
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Technological innovation can alleviate port congestion and improve supply chain resilience
In recent weeks, ports around the world have been hit by delays and backlogs caused by factors including a surge in demand, a lack of empty containers, and the coronavirus – the latter manifesting as mass quarantining, social distancing, illness, and lockdowns. In the UK, these issues were compounded by fears of a no-deal Brexit.
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