Vow ASA: Vow secures EUR 19.3 million cruise order and option
08 Febrero 2024 - 2:15AM
Vow ASA: Vow secures EUR 19.3 million cruise order and option
Vow ASA (OSE: VOW) subsidiary Scanship AS has
been awarded a contract with a major European shipyard to deliver
technology on what will be one of the world’s largest cruise ships
under construction.
The contract covers equipment delivery in 2024 for a first ship
and was first mentioned by Vow as an option in 2019. According to
the new contract, the customer may order similar equipment for
delivery to yet another ship in 2025. The total combined value of
the firm order and the option for delivery to a second ship is EUR
19.3 million.
“We are very pleased to announce this repeat order and option,
which we see as a confirmation of our long-standing relationship
with leading cruise industry yards and operators. We will do our
utmost to continue to deserve the trust of such industry leaders,
as we deliver state-of-the-art environmental solutions to the
cruise industry,” said Henrik Badin, CEO of Vow ASA.
“With Scanship technology onboard, all wastewater on the ships
will be purified according to the requirements in the Baltic Sea
and Alaskan State waters, which are to date the highest standards
at sea. All residue sludge from the wastewater, along with food
waste and other biogenic waste from hotel operations, will undergo
several processing steps such as dewatering, homogenization,
thermal hydrolysis, drying, and pyrolysis,” he explained.
The end products are climate neutral energy and carbon for
capture and storage CCS. The waste management system further
enhances the abord circular economy, recovering valuable
commodities such as glass and aluminium for landing.
The state-of-the-art system is a fully integrated clean ship
solution for more than 10,000 people at sea, ensuring compliance
with all maritime environmental requirements, reducing greenhouse
gas emissions, recovering important resources from waste, and
preventing pollution.
For more information, please contact:
Henrik Badin, CEO, Vow ASATel: +47 90 78 98 25Email:
henrik.badin@vowasa.com
Tina Tønnessen, CFO, Vow ASATel: +47 406 39 556Email:
tina.tonnessen@vowasa.com
About Vow
Vow and its subsidiaries Scanship, C.H. Evensen and Etia are
passionate about preventing pollution. The company’s world leading
solutions convert biomass and waste into valuable resources and
generate clean energy for a wide range of industries.
Advanced technologies and solutions from Vow enable industry
decarbonisation and material recovery. Biomass, sewage sludge,
plastic waste and end-of-life tyres can be converted into clean
energy, low carbon fuels and renewable carbon that replace natural
gas, petroleum products and fossil carbon. The solutions are
scalable, standardised, patented, and thoroughly documented, and
the company’s capability to deliver is well proven.
The company is a cruise market leader in wastewater purification
and valorisation of waste. It provides technology and solutions
which enable industries to transition towards a fossil-free future
by converting biomass and waste into valuable resources and clean
energy. The company also has strong niche positions in food safety
and robotics, and in heat-intensive industries with a strong
decarbonising agenda.
Located in Oslo, the parent company Vow ASA is listed on the
Oslo Stock Exchange (ticker VOW).
The information is such that Vow ASA is required to disclose in
accordance with the EU Market Abuse Regulation. This information is
subject of the disclosure requirements pursuant to section 5-12 of
the Norwegian Securities Trading Act.
Vow ASA (TG:213)
Gráfica de Acción Histórica
De May 2024 a Jun 2024
Vow ASA (TG:213)
Gráfica de Acción Histórica
De Jun 2023 a Jun 2024