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Cavotec wins major port equipment orders worth EUR 10.0 million

08:30 / 8 February 2017 Cavotec Press release

Cavotec SA
Other information disclosed according to the rules of the Exchange

Cavotec wins major port equipment orders worth EUR 10.0 million

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 10.0 million,
highlighting the Group’s pivotal position in the global Ports & Maritime

“We are delighted to have received these orders, and we look forward to
continuing to work closely with our customers on these and other projects going
forward,” says Ottonel Popesco, Cavotec CEO. 

One of the largest of these orders – placed by a major crane manufacturer – is
for powering and controlling advanced rail-mounted gantry cranes (RMGC) and
Automatic Stacking Cranes (ASC) with motorised cable reels at two container
terminals. This is one of the most significant developments in ASC technology,
making these gantry cranes the fastest units to be delivered to date. 

“We continue to innovate and develop our technologies to ensure that we deliver
the levels of operational performance and safety that our customers demand,”
explains Luciano Corbetta, Cavotec Group Market Unit Director, Ports &

Since December – and included in the value quoted above – the Group has also
received orders for applications in China, Finland, Hong Kong, Italy, and the
US, for its innovative solutions as the marine systems for power, data and
fluids transmission for ABB’s Azipod marine propulsion, Alternative Maritime
Power (AMP), Panzerbelt cable protection, and our Automatic Plug-in System
(APS) that automates the connection of ships, cranes and other mobile equipment
to electrical power. 


Media contact: Julia Weinhart, Group Manager, Corporate Communications & PR

Cavotec is a global engineering group that manufactures power transmission,
distribution and control technologies that form the link between fixed and
mobile equipment in the Ports & Maritime and Airports & Industry sectors. To
find out more about Cavotec, visit our website at 

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 08
February 2017, 08:30 CET.

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