Cavotec has signed another contract with Australian construction and engineering company Civmec for the supply of a motorised cable and hose reel package to Port Hedland, Western Australia, one of the world’s largest iron ore export facilities. The system will ensure reliable cable and hose reeling to support power transmission and dust suppression operations at the port, strengthening the site’s
Cavotec has appointed Erik Lyrvall, Head of Strategy and M&A, as a member of Cavotec’s Group Management. Erik joined Cavotec in autumn 2024 when he took up the position of Head of Strategy.
In his role, Erik is responsible for driving the group’s strategic direction, leading M&A activities, evaluating partnerships and go-to-market strategies, and recommend initiatives to enhance operat
Cavotec has signed an order valued at approximately EUR 2 million for its MoorMaster NxG automated vacuum mooring technology from Danish ferry operator Molslinjen A/S. The systems will be delivered to the ports of Odden and Aarhus, supporting the operation of high-capacity battery-powered catamarans on one of Denmark’s busiest ferry routes.
MoorMaster NxG will fully automate vessel mooring and
Cavotec has signed a new cooperation agreement with Shanghai Zhenhua Heavy Industry (ZPMC) on November 7, 2025.
Under this strategic alliance, Cavotec will provide ZPMC with advanced automation and electrification solutions, leveraging the strengths of both companies to enhance collaboration and advance sustainable, innovative, and efficient infrastructure in ports and terminals worldwide.
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“Order intake was in line with the same period last year after a strong second quarter, driven by good demand for our shore power solutions and MoorMaster automatic mooring systems. Our order backlog amounts to EUR 125.8 million where growth is driven by customers’ need to electrify industrial applications, reduce greenhouse gas emissions and increase efficiency.” David Pagels, CEO.
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Cavotec has signed a contract with Australian construction and engineering company Civmec for the supply of a motorised cable reel to be installed at Port Hedland, Western Australia, one of the world’s largest iron ore export facilities.
This marks Cavotec’s first major collaboration with Civmec, further strengthening Cavotec’s presence in Australia’s mining and bulk material handling sector. D
Cavotec has successfully delivered and commissioned three MoorMaster™ automated mooring systems at the Iroquois Lock in Ontario, Canada. The systems were officially handed over to the Saint Lawrence Seaway Management Corporation (SLSMC) on June 30, 2025.
With this latest installation, Cavotec’s MoorMaster™ systems support vessel transit at nearly all locks of the St. Lawrence Seaway, with only
Cavotec has signed two additional orders with a combined value of EUR 9.35 million with a leading global container shipping company. The new orders cover shore power systems for both newly built and existing container vessels.
The first order, worth EUR 5.55 million, includes the retrofitting of Cavotec’s shore power systems on a large number of existing vessels. The projects will be carried ou
Cavotec has signed an order from Mohan Mutha Group to supply shore power systems in the Maldives. This is the first shore power installation in the Maldives and marks an important step in the country’s efforts to reduce carbon emissions in its ports. It also serves as a significant reference in the region, creating opportunities for further projects in neighbouring island nations and South Asia.
Cavotec has launched an updated Investors section on its website to provide a clearer and more intuitive experience for investors and stakeholders. The new section offers streamlined access to financial information, corporate governance, reports, and shareholder details.
This update marks the first step in a broader renewal of Cavotec.com aimed at improving navigation, design consistency, and c
“Order intake was strong during the quarter, reflecting our solid position in markets driven by the electrification of society. However, the increased global uncertainty has led to greater caution among our customers, which has affected our sales of goods and services with shorter delivery times. This has also impacted the profitability for the quarter. During the quarter, we successfully complete
We are pleased to announce that Cavotec has renewed its Service Level Agreement (SLA) with Boreal Sjø AS, a leading ferry operator in Norway. The agreement spans 3.5 years, with an option to extend for an additional year, and covers preventive maintenance and support for Cavotec systems installed on three ferry routes: Kvanndal–Utne–Kinsarvik, Skånevik–Utåker–Matre, and Molde–Vestnes. These routes
