We are now set to supply a range of advanced cable reel, control and steel chain technologies to the ThyssenKrupp group for installation on iron ore ship-loaders at Port Hedland in Western Australia. The equipment is set for delivery to China in 2010 for subsequent installation on four new iron ore ship-loaders at Port Hedland.
It’s a fairly complex order; the deal includes cable and hose reelers, Brieda operator cabins and consoles, Cavotec Micro-control radio remote control systems and Brevetti steel slew chains. The radio remote control units are FieldBus enabled, allowing for direct interface with the machine control system.
Equipment used at Port Hedland’s iron ore handling facility needs to withstand the uniquely abrasive and viscous nature of iron ore dust. And Port Hedland happens to be host to another one of our major orders – in April we announced the largest ever order for our MoorMaster™ at PHPA.
Yesterday’sFinancial Times stated that the airline sector is the first sector that has taken a united stand against global warming by annoucing an industry-wide plan to cut carbon emissions. The International Air Transport Association (IATA) said that memebrs have agreed to cut net emissions by 50 percent by 2050 (from 2005 levels). The airlines also plan to improve carbon efficiency by an average of 1.5 percent per year up to 2020, at which point net emissions will be stabilised.
Is this good news? Well, the business perspective, represented by a senior strategist at BGC Partners “questioned potential costs of the plan’s propsosed emission cuts.” Meanwhile, environmental campaigners said “the airlines’ plan did not go far enough.” While it may never be possible to keep everyone happy, at Cavotec we are encouraged by such IATA’s asiprations. As a proud IATA member, we are in support of any movement towards a more clean and efficient industry.
…you will find Cavotec at Stand A90, Outdoor Area of the 17th Annual inter airport Europe exhibition. From October 6 – 9, the inter airport Europe exhibition will be the airport industry’s international meeting point for buyers, vendors, specifiers, decision makers, architects, consultants and system integrators. The show encompasses all aspects of airport equipment, technology, design and services.
From Cavotec, we will have representatives from the entire Airport Market Unit – Cavotec Dabico, Cavotec Fladung and Cavotec Meyerinck – all of which are market-leaders in the design and manufacture of in-ground fuel systems, airport refueling systems and advanced in-ground utility systems, respectively. At inter airport Europe, Cavotec Fladung will be presenting an “APU free” airport concept, which will help to reduce carbon emissions.
Forever the fan of innovative ideas, today’s piece recognizes brilliant marketing, as well as ingenious use of a ship.
In the summer of 2007, Speights Beer, a Kiwi favorite, used the entirety of their advertising to send a fully operable pub on a 10 week voyage to London. After recruiting a crew and building a pub out of 40 foot containers, the pub ship left Dunedin, NZ – intact with a floating ale house and hold full of beer.
Upon arrival in London, the ship cum ale house docked on the bank of the Thames, quenching thirst for Kiwis and Brits alike.
Having completed successful voyages, NYK and Nippon Oil will continue to conduct field experiments to verify that the electric power supply can maintain stable propelling in the hard conditions of actual navigation. For around another two years the system will be checked for its endurance against saltwater damage, wind pressure, and constant vibrations, and for its mix of solar power and ship-generated power. The ultimate aim is to make the solar-powered ship a reality.
We will follow the Auriga Leader’s progress here, but you can read the full press release here.
As seen in our most recent Interim Report, strong order intake from the third and fourth quarters of 2008 and the first quarter of 2009 gave our Group the stimulus it needed to deliver a respectable Half Year performance to our shareholders. While our financial results are lower than in the corresponding period of 2008, Cavotec has successfully operated within this tough economic environment to maintain an acceptable level of profitability and continue planting seeds for future growth.
From January through June 2009, we recognized EUR 64.1 million of revenue from sales of goods. And as of 31 July 2009, our order book stands at a EUR 44.2 million and there are many prospects we have been following for months that are beginning to materialize into orders.
