Best of the Best: Cavotec’s Top Blog Posts of 2010

As 2010 draws to a close, and before looking forward to 2011, we thought we would review some of our most popular posts of the year on the Cavotec blog.

With many of us taking a break at this time of year, we thought our review of 2010 should get underway with a cruise: especially cruise ships that have been fitted with shore-to-ship electrical power, also known as ‘cold ironing’, units that reduce particulate, NOx and SOx emissions when these vessels are in port.

Royal Caribbean’s Allure of the Seas, the largest cruise ship in the world, and her sister ship, Oasis of the Seas, are equipped to use shore-to-ship power, also known as ‘cold ironing’. Click here for the full story.

Our most popular post on the Airports side was the update of our major infrastructure project in Bahrain. A groundbreaking application is seeing the delivery of an entirely integrated state-of-the-art utility system for Bahrain International Airport. The final commissioning phase of this project is due to start as planned, during Q1 2011Read the full post here.

In October, we reported how our automated mooring technologyMoorMaster™, has been adapted to a rugged application at Port Hedland in Western Australia, where 14 MoorMaster™ units have been installed at the port’s Utah Point iron ore berth. Click here for the full post.

Since its introduction in 1998, several versions of MoorMaster™ have successfully performed some 32,000 moorings at container, bulk handling, Ro/Ro, ferry and lock applications around the world.

For General Industry, we rather enjoyed the post on our collaboration with Norway’s Maritime Robotics that sees our radio remote control technologies installed on unmanned, remote controlled vessels for applications in the offshore and maritime industries. For full details, including a video, on this exciting project, click here.

And just for a bit of fun before the holidays, a reminder of how some innovative thinking can make waiting for your aircraft a novel experience: the slide built into the side of Singapore Changi Airport. Click here to take the ride on the slide!

Thanks to all those who have taken the time to comment on our posts – and do let us know whether we have missed your favourite post in our review. Here’s to another busy, productive year in 2011: we’re looking forward to it.


Cavotec’s Interim Report 2010 published

Cavotec is pleased to announce the publication of our Interim Report 2010; a period in which we recorded a 75.3% rise in orders on 1H 2009, to EUR 78.0 million. Our 12-month rolling order intake increased 14.7% on the same period last year.

The first half of 2010 showed a steady resurgence in demand from our customers worldwide, specifically in the airports and mining sectors. Despite the overall low level of investment in the ports sector during the period, we were able to record some promising results for niche systems such as AMP™ and MoorMaster™. The general industry sector is also starting to pick up, specifically in France and Germany, heralding a return to an overall positive economic climate.

Cavotec won several important orders for various airports and ports related projects in the period. For example, our Airports unit has seen a number of new orders at airports in China, India, France, Argentina, and Qatar; and crucially, our first airports project in Africa in coordination with partners in the Middle East.

Work on our project at Bahrain International Airport continues to progress to schedule. In July, the client successfully commissioned the first PCAir units at the Cavotec Fladung facility in Germany. We expect the final commissioning phase to take place as planned, during Spring 2011.

Our Ports & Maritime unit has reported encouraging results with an order for eight MoorMaster™ units for the Port of Dampier in western Australia. Also of note for the period: our cooperation agreement with German engineering group Vahle, to market E-RTG systems. This agreement will expand our capacity to deliver these systems in markets where we previously lacked access.

We also continue to win a large number of small projects for applications dotted all around the world. This positive trend suggests that the global economy, despite recent difficulties in Europe, is in a better position than this time last year. Based on our current expectations, we are confident that we will return to our 2008 level of revenues and profitability.