Cavotec Says Growing Demand for Shore Power Solutions Influenced by Concerns Over Ship Emissions

So far this year, Cavotec says it has received approximately €11.5 million in orders for the company's shore power solutions.

Cavotec SA (Cavotec) Monday announced that, so far this year, it has received approximately €11.5 million ($12.64 million) in orders for the company's shore power solutions - a development that the Cavotec largely attributes to growing concern over port area emissions and tightening environmental regulations.

The company also says the development highlights both the company's central position in the growing market segment and the ports sector in general.

Cavotec's Alternative Maritime Power (AMP) systems connect ships to shore side electrical power, allowing vessels to switch off their diesel generators at berth.

The company says that, during the first two quarters of 2016, it secured AMP orders from a number of customers, covering a diverse range of applications, including container vessels with capacities up to 20,000 TEU, 400,000 DWT bulk carriers, cruise ships, passenger ferries, offshore supply vessels, a special purpose vessel, a naval application in the UK, a large container terminal in Canada, and a bulk-handling project involving 30 Very Large Ore Carriers (VLOCs).

Cavotec says the VLOCs, which are set to call at seven bulk terminals in China, and at ports in Brazil, are owned by three different companies and are all chartered to the same mining group.

The development is notable as the dry bulk segment has generally lagged behind container, cruise, and passenger ferry sectors in terms of shore power implementation, Cavotec noted.

So far this quarter, the company says it has received an order for 16 AMP systems intended for six newbuild 13,500 TEU container vessels.

"The scope and diversity of these orders illustrate Cavotec's established role as a key supplier of innovative shore power technologies in this expanding global market," Ottonel Popesco, Cavotec's CEO.

In April, ABB announced that it had signed a Memorandum of Understanding (MoU) with Cavotec to jointly offer complete shore power solutions to ports around the world, a move that ABB said will encourage the development of "green ports."