With strong demand across Cavotec’s primary maritime, airports, mining, and general industry sectors, we are proud to report that our third quarter Order Book stands at a record €47.9 million, up 23.8 percent on the year, and €6 million on the quarter.

Order Intake for the 12 months to September 30 rose 9.7 percent to €141.6 million. Highlights include a major order to supply 12 MoorMaster™ automated mooring units to the Omani Port of Salalah; and two MoorMaster™ systems were delivered and installed on schedule for Nordic Ferry Services in Denmark.  Also, in the Airports sector, 57 above-ground utility systems were ordered for Shanghai’s Hongqiao Airport.

Also noteworthy, our PCAir system, which supplies pre-conditioned air to parked aircraft, completed in-house testing prior to a series of successful trials with European aircraft manufacturer Airbus.  This paves the way for the first sales of the systems in 2009.

Read the report in full.

We have secured two major orders for the Group’s Panzerbelt systems and associated equipment from customers in the Middle East serving the region’s expanding container trade.

Dubai Maritime City has ordered Cavotec’s Panzerbelt system, which will be installed on a cable trench for twin ship transfer carriages. Scheduled for installation in December, the system has been tailored to specific customer requirements.

The second order involves Cavotec’s Super Panzerbelt system which will be installed in the Red Sea Gateway Terminal (RSGT), at Jeddah’s Islamic Port, Saudi Arabia. Billed as a world-class container facility, the RSGT is due to open in late 2009

We have completed a two-week series of intensive trials of our patented PCAir aircraft cooling system, with leading aircraft manufacturer, Airbus, at the group’s production plant in Toulouse, France.

The Cavotec PCAir System is unlike any other air-based technology on the market, expanding dry compressed air to produce 100 cubic metres of pre-conditioned air per minute, at minus 25 degrees Celsius.  Using conventional systems makes it very difficult to cool aircraft on the ground because intel temperatures need to be at least five degrees Celsius.

Pilots tend to run on board auxiliary power units (APUs) to cool parked aircraft, as conventional systems are often ineffective. APUs can burn between 200 and 600 litres of fuel per hour, generating pollution at airports and consuming costly fuel that could be used to fly aircraft – not cool them on the ground. Cavotec’s PCAir system provides the dual benefits of reducing pollution and reducing costs. This makes the PCAir system beneficial to all airport constituencies: airlines, airport operators, and communities surrounding airports.

The culmination of in-house testing and the two-week trials at Airbus proved that our PCAir systems operates effectively, having successfully delivered –25°C ‘dry air’ in environments with ambient temperatures of up to 48°C. Most importantly, the PCAir system cooled Airbus’ largest wide body aircraft, the A380, in less than 30 minutes, proving the system’s adaptability for the entire Airbus fleet.

We have enjoyed a long-standing partnership with Airbus, supplying in-ground supply systems for production hangars and delivery positions, including those for the A380 programme. Earlier this year, Cavotec won an order to supply 12 in-ground utility systems for the new Airbus A320 Final Assembly Line in Tianjin, China. In addition, Cavotec has supplied delivered in-ground supply systems for the Airbus A400M production hangars in Seville, Spain, and produces a full range of tow bars for all Airbus aircraft types.

The PCAir System is scheduled to go on sale during the second half of 2009.

We are pleased to announce the appointment by cooptation to the our Board of Directors, Christer Granskog, former CEO of Kalmar Industries, part of the Cargotec Corporation. We look forward to Christer’s counsel in order to help our Board direct the expansion and future development of our global strategy.

Welcome Christer!