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Cavotec wins MoorMaster™ orders in Australia\, Canada and USA worth EUR 6.5 million

08:30 / 13 October 2015 Cavotec Press release

Cavotec wins MoorMaster™ orders in Australia, Canada and USA worth EUR 6.5

Global engineering group Cavotec has been awarded three separate orders for its
innovative MoorMaster™ automated mooring technology for applications in
Australia, Canada and the United States, with a combined value of approximately
EUR 6.5 million. 

“The MoorMaster™ technology continues to gain traction and acceptance in the
market place. These orders – from new and existing customers – demonstrate the
considerable potential of this unique technology in the global maritime
sector,” says Ottonel Popesco, Cavotec CEO. 

In the largest of these projects, Cavotec is to supply six MoorMaster™ units
for the two locks on the US side of the St. Lawrence Seaway. The units are
scheduled for delivery for the first lock in July 2016, and the second lock in
April the following year. 

MoorMaster™ units have been in operation at the Seaway for a number of years,
and Cavotec is currently completing installation of 39 MoorMaster™ MM400L
(Lock) units in all 13 of the locks on the Canadian side of the waterway. These
specially adapted units hold vessels securely through variations in water level
of up to 14m. 

The St. Lawrence is the world's first inland waterway to introduce automated
mooring. Work began on installing the first MoorMaster™ units at the St.
Lawrence, on a trial basis, at two locks in 2007. 

“We have worked closely with the St. Lawrence Seaway for many years, and
together we have been able to realise substantial operational efficiencies
through the implementation of MoorMaster™,” says Marcelo Gonzalez, Managing
Director of Cavotec Canada. 

Considered to be one of the greatest engineering feats of the 20th century, the
3,700km-long Seaway is an essential trade link between the Atlantic Ocean and
the Great Lakes at the heart of North America. 

And in Newfoundland, eastern Canada, Cavotec has won a contract for four
MoorMaster™ MM400E10 units for the Portugal Cove – Bell Island passenger ferry
service. Two units will be installed at the Portugal Cove Dock and two at the
Bell Island Dock. 

The third order has been placed by SeaRoad Holdings a leading Australian
transport and logistics provider. SeaRoad Holdings has purchased two additional
MoorMaster™ MM400A10  units to supplement their existing installations in
Devonport in Melbourne. 

This brings the mooring capacity to five MM400s at each berth to cater for a
larger Ro/Ro vessel being introduced on the route between Melbourne and

Additionally, SeaRoad is working with Cavotec’s After Sales and Service
department to project manage and overhaul the existing units without disruption
to operations. These existing units have been in continuous service since 2003
and have accumulated more than 35,000 hours of mooring at each berth. 

MoorMaster™ is a vacuum-based automated mooring technology that eliminates the
need for conventional mooring lines. Remote controlled vacuum pads recessed in,
or mounted on the quayside or pontoons, moor and release vessels in seconds. To
date, 200 MoorMaster™ units are installed at 28 locations around the world and
have completed more than 130,000 mooring operations at their Ro/Ro, container
and bulk handling and lock applications. 


Media & investor contact:

Michael Scheepers

Group Director, IR & Corporate Communications or +41 795 024 010

The information in this release is subject to the disclosure requirements of
Cavotec SA under the Swedish Securities Market Act and/or the Swedish Financial
Instruments Trading Act. This information was publicly communicated on 13
October 2015, 08:30 CEST.

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