Cavotec stays at the top of the e-charging market in Norway

Photo: Cavotec

The company received a repeat order from Fjord1, one of the world's largest operators of e-ferries, to equip two new berths on the Halsa-Kanestraum route, with its Automatic Plug-in System (APS). The Norwegian e-charging market is estimated to be worth €60m in the next five years.

Cavotec received orders for over 20 APS systems in the past two years, bringing its market share in Norway to approx. 50 per cent. The country is expected to equip about 200 more berths with automatic e-ferry charging systems before 2025.

APS connects ships to shore side electrical power during on- and off-loading prior to subsequent sailings, maximizing the amount of time vessel batteries are charged. Other benefits include increased safety and emission reduction.

Mikael Norin, CEO, Cavotec, said,"[...] Our success in Norway also positions us strongly in neighbouring markets in Denmark, Finland and Sweden, where we are actively pursuing opportunities that exist there. In addition, we are also seeing interest for similar solutions in the US and Canada."