Cavotec
Encyclopedia
Cavotec is an international engineering
Engineering
Engineering is the discipline, art, skill and profession of acquiring and applying scientific, mathematical, economic, social, and practical knowledge, in order to design and build structures, machines, devices, systems, materials and processes that safely realize improvements to the lives of...

 group, headquartered in Lugano
Lugano
Lugano is a city of inhabitants in the city proper and a total of over 145,000 people in the agglomeration/city region, in the south of Switzerland, in the Italian-speaking canton of Ticino, which borders Italy...

, Switzerland
Switzerland
Switzerland name of one of the Swiss cantons. ; ; ; or ), in its full name the Swiss Confederation , is a federal republic consisting of 26 cantons, with Bern as the seat of the federal authorities. The country is situated in Western Europe,Or Central Europe depending on the definition....

, that manufactures
Manufacturing
Manufacturing is the use of machines, tools and labor to produce goods for use or sale. The term may refer to a range of human activity, from handicraft to high tech, but is most commonly applied to industrial production, in which raw materials are transformed into finished goods on a large scale...

 power supply systems
Power supply
A power supply is a device that supplies electrical energy to one or more electric loads. The term is most commonly applied to devices that convert one form of electrical energy to another, though it may also refer to devices that convert another form of energy to electrical energy...

 for mobile equipment..

Cavotec supplies the port
Port
A port is a location on a coast or shore containing one or more harbors where ships can dock and transfer people or cargo to or from land....

s and maritime
Maritime
Maritime is primarily an adjective that describes objects or activities related to the sea.Maritime or Maritimes as a noun may also refer to:-Geography:...

, airports, mining
Mining
Mining is the extraction of valuable minerals or other geological materials from the earth, from an ore body, vein or seam. The term also includes the removal of soil. Materials recovered by mining include base metals, precious metals, iron, uranium, coal, diamonds, limestone, oil shale, rock...

 and tunnelling, and general industry sectors. Main services include the design, manufacturing and supply of shore-to-ship power systems, also known as Alternative Maritime Power or cold ironing, and automated mooring units. These mooring systems use vacuum
Vacuum
In everyday usage, vacuum is a volume of space that is essentially empty of matter, such that its gaseous pressure is much less than atmospheric pressure. The word comes from the Latin term for "empty". A perfect vacuum would be one with no particles in it at all, which is impossible to achieve in...

 and hydraulic technologies and are used to moor several types of vessel
Vessel
Vessel may refer to:*Marine vessel or boat*Vessel element, a narrow water transporting tube in plants*Bowl *Bridge-spouted vessel, a particular design of pitcher that is a Mediterranean vessel form...

, including container ships
Container ship
Container ships are cargo ships that carry all of their load in truck-size intermodal containers, in a technique called containerization. They form a common means of commercial intermodal freight transport.-History:...

, bulk carriers
Bulk carrier
A bulk carrier, bulk freighter, or bulker is a merchant ship specially designed to transport unpackaged bulk cargo, such as grains, coal, ore, and cement in its cargo holds. Since the first specialized bulk carrier was built in 1852, economic forces have fueled the development of these ships,...

, roll-on/roll-off vessels and ferries
Ferry
A ferry is a form of transportation, usually a boat, but sometimes a ship, used to carry primarily passengers, and sometimes vehicles and cargo as well, across a body of water. Most ferries operate on regular, frequent, return services...

. Cavotec also manufactures cable management systems
Cable carrier
Cable carriers, also known as drag chains, energy chains, or cable chains depending on the manufacturer, are guides designed to surround and guide flexible cables and hydraulic or pneumatic hoses connected to moving automated machinery...

.

Cavotec migrated to the NASDAQ OMX Stockholm stock exchange on October 19, 2011.

Organizational Structure

Cavotec delivers power transmission
Power transmission
Power transmission is the movement of energy from its place of generation to a location where it is applied to performing useful work.Power is defined formally as units of energy per unit time...

, distribution and control technologies that form the link between fixed installations, in airports
Airport
An airport is a location where aircraft such as fixed-wing aircraft, helicopters, and blimps take off and land. Aircraft may be stored or maintained at an airport...

, ports
Port
A port is a location on a coast or shore containing one or more harbors where ships can dock and transfer people or cargo to or from land....

 and mines
Mining
Mining is the extraction of valuable minerals or other geological materials from the earth, from an ore body, vein or seam. The term also includes the removal of soil. Materials recovered by mining include base metals, precious metals, iron, uranium, coal, diamonds, limestone, oil shale, rock...

, and mobile equipment such as aircraft
Aircraft
An aircraft is a vehicle that is able to fly by gaining support from the air, or, in general, the atmosphere of a planet. An aircraft counters the force of gravity by using either static lift or by using the dynamic lift of an airfoil, or in a few cases the downward thrust from jet engines.Although...

, ships, mining
Mining
Mining is the extraction of valuable minerals or other geological materials from the earth, from an ore body, vein or seam. The term also includes the removal of soil. Materials recovered by mining include base metals, precious metals, iron, uranium, coal, diamonds, limestone, oil shale, rock...

 equipment and cranes. Cavotec designs and manufactures systems within four Market Units:

Ports and Maritime

The ports and maritime sector forms the majority of Cavotec’s business. Cavotec supplies vacuum
Vacuum
In everyday usage, vacuum is a volume of space that is essentially empty of matter, such that its gaseous pressure is much less than atmospheric pressure. The word comes from the Latin term for "empty". A perfect vacuum would be one with no particles in it at all, which is impossible to achieve in...

-based mooring system MoorMaster™, Alternative Maritime Power (AMP) systems, motorized cable reels, marine propulsion
Marine propulsion
Marine propulsion is the mechanism or system used to generate thrust to move a ship or boat across water. While paddles and sails are still used on some smaller boats, most modern ships are propelled by mechanical systems consisting a motor or engine turning a propeller, or less frequently, in jet...

 slip ring columns
Slip ring
A slip ring is a method of making an electrical connection through a rotating assembly. Slip rings, also called rotary electrical interfaces, rotating electrical connectors, collectors, swivels, or electrical rotary joints, are commonly found in electric motors, electrical generators for AC...

, electrical power connectors, power chains, and crane
Crane (machine)
A crane is a type of machine, generally equipped with a hoist, wire ropes or chains, and sheaves, that can be used both to lift and lower materials and to move them horizontally. It uses one or more simple machines to create mechanical advantage and thus move loads beyond the normal capability of...

 controllers. The aim of these technologies is to enable the ports and maritime industry to operate safely, sustainably
Sustainability
Sustainability is the capacity to endure. For humans, sustainability is the long-term maintenance of well being, which has environmental, economic, and social dimensions, and encompasses the concept of union, an interdependent relationship and mutual responsible position with all living and non...

 and more productively
Productivity
Productivity is a measure of the efficiency of production. Productivity is a ratio of what is produced to what is required to produce it. Usually this ratio is in the form of an average, expressing the total output divided by the total input...

.
Customers are primarily global OEMs
OEM
OEM means the original manufacturer of a component for a product, which may be resold by another company.OEM may also refer to:-Computing:* OEM font, or OEM-US, the original character set of the IBM PC, circa 1981...

 and major port authorities, shipping companies and general contractors. Port authority customers to the ports and maritime Market Unit:
  • North America
    North America
    North America is a continent wholly within the Northern Hemisphere and almost wholly within the Western Hemisphere. It is also considered a northern subcontinent of the Americas...

     (Everglades, Long Beach, Los Angeles, Manzanillo, Miami, Oakland
    Port of Oakland
    The Port of Oakland was the first major port on the Pacific Coast of the United States to build terminals for container ships. It is now the fifth busiest container port in the United States, behind Long Beach, Los Angeles, Newark, and Savannah...

    , Prince Rupert San Antonio, Vancouver, Virginia)
  • South America
    South America
    South America is a continent situated in the Western Hemisphere, mostly in the Southern Hemisphere, with a relatively small portion in the Northern Hemisphere. The continent is also considered a subcontinent of the Americas. It is bordered on the west by the Pacific Ocean and on the north and east...

     (Buenos Aires, Callao, Santos)
  • Europe
    Europe
    Europe is, by convention, one of the world's seven continents. Comprising the westernmost peninsula of Eurasia, Europe is generally 'divided' from Asia to its east by the watershed divides of the Ural and Caucasus Mountains, the Ural River, the Caspian and Black Seas, and the waterways connecting...

     (Antwerp, Felixstowe, Gothenburg, Gioia Tauro, Hamburg, Helsinki, Pireaus, Rotterdam, St Petersburg, Stockholm)
  • Middle East
    Middle East
    The Middle East is a region that encompasses Western Asia and Northern Africa. It is often used as a synonym for Near East, in opposition to Far East...

     (Abu Dhabi, Dubai, Salalah)
  • Asia
    Asia
    Asia is the world's largest and most populous continent, located primarily in the eastern and northern hemispheres. It covers 8.7% of the Earth's total surface area and with approximately 3.879 billion people, it hosts 60% of the world's current human population...

     (Busan, Chennai, Guanghzou, Ho Chi Minh, Hong Kong, Karaikal, Mumbai, Ningbo, Qingdao, Shanghai, Singapore, Shenzhen, Tianjin, Westports)
  • Australasia
    Australasia
    Australasia is a region of Oceania comprising Australia, New Zealand, the island of New Guinea, and neighbouring islands in the Pacific Ocean. The term was coined by Charles de Brosses in Histoire des navigations aux terres australes...

     (Dampier, Geraldton, Hedland
    Port Hedland, Western Australia
    Port Hedland is the highest tonnage port in Australia and largest town in the Pilbara region of Western Australia, with a population of approximately 14,000 ....

    )

Airports

Cavotec is a ground support equipment
Ground Support Equipment
Ground support equipment is the support equipment found at an airport, usually on the ramp, the servicing area by the terminal. This equipment is used to service the aircraft between flights. As its name implies, GSE is there to support the operations of aircraft on the ground...

 (GSE) integrator for the global airports sector. Cavotec develops GSE systems - including fuel
Fuel
Fuel is any material that stores energy that can later be extracted to perform mechanical work in a controlled manner. Most fuels used by humans undergo combustion, a redox reaction in which a combustible substance releases energy after it ignites and reacts with the oxygen in the air...

, water
Water
Water is a chemical substance with the chemical formula H2O. A water molecule contains one oxygen and two hydrogen atoms connected by covalent bonds. Water is a liquid at ambient conditions, but it often co-exists on Earth with its solid state, ice, and gaseous state . Water also exists in a...

 and power supply
Power supply
A power supply is a device that supplies electrical energy to one or more electric loads. The term is most commonly applied to devices that convert one form of electrical energy to another, though it may also refer to devices that convert another form of energy to electrical energy...

 units- tunnel systems, pre-conditioned air units (PCAir), aircraft connectors and caddies designed to help airlines and airports to reduce tarmac congestion, improve efficiency and reduce environmental impact. Customers are primarily public and private airports and airport authorities, aircraft manufacturers and general contractors.

Cavotec’s Airports Market Unit comprises four companies: Cavotec Meyerinck, based in Germany, supplies a range of fueling systems, fluid and surge control, and loading terminal products for the aviation, petrochemical and food beverage industries. Cavotec Fladung, based in Germany, specializes in in-ground utility systems – including a pre-compressed air (PCAir) system – mobile caddies, aircraft cables, connectors and tow-bars and cable coilers. Cavotec Dabico, based in the UK and the US, has developed aircraft ground support equipment (GSE) since 1966. The company coordinates product manufacturers, supervise installation, start-up and support of in-ground fuelling systems at airports worldwide. Cavotec INET, based in the US, produces technological applications designed to increase efficiency and safety at airports. Established in 1967, with headquarters in Fullerton, California, Cavotec INET designs, manufactures and installs stationary and mobile aircraft servicing equipment. Through Cavotec’s domestic and international sales and field support offices, Cavotec INET supplies solid state frequency converters (400Hz, 28VDC, 270VDC) and motor generators, pre-conditioned air and power generation systems.

Mining and Tunneling

Cavotec started out as a supplier of tunnelling and mining equipment when the business was established in 1974. Initially focusing on the electrification of drilling rigs and other mining equipment, Cavotec today supplies cables and hoses, motorized cable reels, power connectors
radio remote controls, radio remote control receiver units and spring driven cable reels. Customers are primarily global OEMs and mining companies.

General Industry

Cavotec supplies the general industry market with cable chains, cables, loading terminals, motorized cable reels, power connectors, radio remote controls, radio remote control receiver units, rotating electrical connectors, slipring columns, spring driven reels and surge control systems.
• General Industry provides a diverse range of products, including spring driven reels, slipring columns, power connectors, radio remote controls, cables, cable ladders and cable chains. The customer base is highly diversified with companies in various industries, including many international OEMs.

History

  • 1974 - Specimas AB is incorporated in Sweden as a manufacturer of power supply equipment in the mining and tunnelling sectors.
  • 1976 - Specimas AB is renamed as Cavotec AB.
  • 1984 - Cavotec AB acquires Specimas SpA in Italy and Cavotec Finland opens as a second sales company.
  • 1986 - Sales office opened in UK.
  • 1988 - Sales offices opened in Italy, Norway and Canada.
  • 1989 - Cavotec Group incorporated in the Netherlands.
  • 1991 - Sales offices opened in Australia, France and Hong Kong.
  • 1993 - Sales offices opened in Germany and UAE.
  • 1995 - Sales offices opened in Shanghai and Argentina.
  • 1997 - Acquisition of Cavotec Alfo in Germany and sales office opened in Singapore.
  • 1999 - Acquisition of Metool in Australia and RMS in France.
  • 2001 - Acquisition of a 20% interest in Micro-control as (Norway).
  • 2002 - Acquisition of the Gantrex Group (USA, Canada and South Africa).
  • 2004 - Cavotec partners with Mooring Systems Ltd, celebrates its 30th anniversary, acquires Fladung in Germany and remaining 80% of Micro-control as (Norway).
  • 2005 - The first MoorMaster™ 400 is sold to the Port of Salalah (Oman) and Cavotec India is incorporated in Delhi.
  • 2006 - Cavotec prepares and implements a restructuring of the Group, Port of Salalah (Oman) orders four MoorMaster™ 600 for its container port, and Cavotec and MSL shareholders approve a reverse merger.
  • 2007 - A central Corporate Office in Lugano, Switzerland, is established and Cavotec becomes a listed company on the New Zealand Exchange.
  • 2008 - Cavotec MSL acquires the Dabico Group in the USA and UK and the Meyerinck Group in Germany.
  • 2009 - PCAir order received for Bahrain International Airport.
  • 2011 - Cavotec completes migration to the NASDAQ OMX Stockholm stock exchange and receives order for 24 units from Fortescue Metals Group of its automated mooring technology, MoorMaster™for use at Port Hedland in Western Australia.

External links

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