Cavotec to sell Airports business

Cavotec secures a US$ 5 million order for shore power units from a global shipping company, facilitating easy vessel connections to reduce port pollution.

The equipment will be deployed at ITC’s Somerton Intermodal Terminal, a multipurpose terminal currently being constructed in Melbourne, Victoria.

APM Terminals MedPort Tangier (APMT Tangier), which is a major customer of Cavotec’s automated mooring system, has concluded a deal that will see the group service all of its MoorMaster NxG units and Power Units at the facility.

Cavotec, the Lugano (Switzerland)-based electrification solutions company that aims to help ports and industrial sites decarbonise, has signed a new contract with an existing customer, but undisclosed European-headquartered container shipping company, to retrofit more of its vessels with equipment that will enable it to use shore power-based solutions.

Based on the new long-term agreement, Cavotec will provide preventive maintenance for more than 60 ocean-going vessels equipped with Cavotec shore power systems

Cavotec has signed a contract with one of the world’s largest shipping lines to supply shore power equipment for new-build container ships