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Cavotec signs breakthrough EUR 9m orders for unmanned mooring of electric ferries

09:30 / 20 April 2018 Cavotec Press release

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

Cavotec signs breakthrough EUR 9m orders for unmanned mooring of electric

Cavotec is set to revolutionise the operation of e-vessels by delivering and
maintaining its automated, unmanned, mooring system MoorMaster™ for e-ferry
ports across Norway. With these orders, MoorMaster™ is now the leading
technology to safely and efficiently moor e-vessels, a segment set for rapid

The orders are worth approximately EUR 9m, of which EUR 4m was booked in the
fourth quarter of 2017. 

On completion of these projects, Cavotec will have equipped more than 40
e-ferry ports in Scandinavia with MoorMaster™, thereby delivering substantial
operational and safety benefits for ferry operators. 

“These projects demonstrate the unrivalled suitability of MoorMaster™ for
e-ferry applications, and the importance of the technology for this rapidly
growing segment in Norway and beyond,” says Gustavo Miller, President Ports and
Maritime Division at Cavotec. 

MoorMaster™ is ideal for e-ferry applications because the units keep vessels in
pre-programmed positions to maximise the amount of time available to charge
ship battery units. The technology also reduces overall CAPEX for operators,
and delivers substantial operational and safety benefits,” says Sofus
Gedde-Dahl, Sales Director E-Ferries at Cavotec. 

Following its stated aim of reducing carbon dioxide emissions by 40 per cent,
Norway has led the introduction of electrically powered and hybrid vessels.
Cavotec has become a crucial partner in this effort through its development of
innovative automated charging interface and mooring technologies. 

Cavotec systems have moored and charged the world’s first fully electric car
ferry, the MF Ampere, since it entered service in 2015. Following the success
of the MF Ampere application, Cavotec mooring and charging technologies have
been introduced at a growing number of e-ferry berths in Norway, Finland, and

To date, more than 260 MoorMaster™ units worldwide have performed some 330,000
moorings at ferry, bulk and container handling, as well as lock and
ship-to-ship applications worldwide. 

“The rapid introduction of e-ferries in Norway has been the dominant driver for
the wider adoption of MoorMaster™ in recent years, a development that we see
being replicated in neighbouring markets such as Finland and Denmark,” says


For further details please contact:

Johan Hähnel

Investor Relations Manager

Telephone: +46 70 605 63 34 - Email:

About Cavotec

Cavotec is a leading engineering group that designs and manufactures automated
connection and electrification systems for ports, airports and industrial
applications worldwide. Cavotec innovative technologies ensure safe, efficient
and sustainable operations. To find out more about Cavotec, visit our website

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 20 April
2018, 09:30 CEST.

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