Vow ASA: Contract of EUR 27 million awarded for equipment deliveries to four newbuilds

Group 1: Purchase Order and Contract Details - Vow ASA and its subsidiary Scanship received a purchase order from a major European shipyard worth EUR 27 million for equipment for four new build cruise vessels [1] - Deliveries for the equipment will commence in April 2027, with the first vessel expected to enter operation by mid-2029 and the last by 2031 [1] - The contract includes cancellation rights for the third and fourth vessels until September 30, 2026 [1] Group 2: Environmental Commitment and Technology - The vessels will be equipped with Scanship systems, emphasizing a commitment to reliable and sustainable solutions [2] - Scanship technology will ensure wastewater purification according to the highest standards in the Baltic Sea and Alaskan State waters, processing waste through multiple steps [3] - The waste management system promotes a circular economy by recovering valuable materials such as glass and aluminum [4] Group 3: Company Overview and Market Position - Vow ASA is a leader in wastewater purification and waste valorization in the cruise market, providing technology for a transition to a fossil-free future [8] - The company specializes in converting biomass and waste into valuable resources and clean energy, with strong positions in food safety and decarbonization [8] - Vow's advanced technologies support industry decarbonization and material recovery, with proven capabilities in delivering scalable and standardized solutions [7]