Cavotec finalises shore power deals worth nearly $2.5 million

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Engineering company Cavotec has secured shore power connection orders from two major customers in Asia for a total value of more than 2.2 million euros ($2.39 million).

The orders were booked in the first quarter and deliveries are expected to start in the third quarter of 2022.

One of the orders was placed by a customer in South Korea, the other in Singapore.

The orders include PowerAMPReels that will be fitted to container ships, one of which is powered with both conventional bunker fuel and methanol.

PowerAMPReels connect ships to shore power in ports, enabling dramatic reductions in emissions of carbon dioxide, nitrogen and sulphur oxides, and particulate matter.

Cavotec stated that the new deals highlight its commitment to enabling decarbonisation of the maritime sector and demonstrate how shore power can be part of a blended approach that reduces the environmental footprint of global shipping.

These projects follow similar orders throughout 2021 aimed at reducing vessel fuel consumption.

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