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Cavotec Bag Maritime Orders Worldwide

Maritime Activity Reports, Inc.

August 9, 2013

The Cavotec engineering group has won orders worth EUR 7.2 million for several of its Ports & Maritime technologies, including Alternative Maritime Power (AMP) systems, marine propulsion slipring systems, cable reels and high voltage cables for customers in the US, China, Australia, South Korea, and Japan.

Cavotec has received two substantial orders from the Dalian Huarui conglomerate for a bulk handling application in Australia. The scope of these projects includes the manufacture and supply of cable reels, hose reels and hoses for five stacker/reclaimer machines and one ship loader, as well as high voltage power cables.

This equipment will be used to process iron ore from the Roy Hill mine in the Pilbara region of Western Australia. The mine, one of the largest in the region, is estimated to contain 2.4 billion tonnes of iron ore.

In China, Cavotec will supply six of its advanced marine propulsion slipring systems that will be installed on an accommodation rig of an oil platform.

The Group has also won four separate orders for its innovative AMP systems. In the first of the four projects, Cavotec is to supply a number of skid-mounted AMP reels that will be used in Californian ports on different container vessels. Delivery is scheduled for September this year.

The Group has won an order for ship-based, container-housed AMP units and junction boxes for a customer in South Korea.

Cavotec is also supplying medium voltage container AMP units for a Chinese shipping line. These systems will be installed on 8,500-TEU container vessels.

And finally, the Group is to deliver a low voltage container AMP unit for a maritime electrical systems integrator in Japan. This equipment will be installed on container vessels owned by a South East Asian shipping line.

"These orders highlight Cavotec's ability to deliver critical technologies for a wide variety of applications all over the world. We look forward to continued close cooperation with our customers on these and other projects," says Ottonel Popesco, Cavotec CEO.

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