Scanship systems
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Vow ASA: Contract of EUR 29.6 million awarded for equipment deliveries to two newbuilds
Globenewswire· 2025-12-04 09:00
Group 1 - Vow ASA and its subsidiary Scanship received a purchase order worth EUR 29.6 million from a major European shipyard for equipment deliveries starting in July 2027 for two vessels [1] - The first vessel is scheduled to enter operation by the end of 2029, with equipment deliveries continuing throughout 2028 [1] Group 2 - The contract reinforces the long-standing cooperation between Vow ASA, the shipyard, and the cruise line, emphasizing a commitment to reliable and sustainable solutions [2] - Scanship technology will ensure that all wastewater on the ships is purified to meet the highest standards at sea, specifically for the Baltic Sea and Alaskan State waters [3] Group 3 - The waste management system enhances the circular economy on board, recovering valuable materials such as glass and aluminum [4] - Scanship's integrated clean ship solutions are designed to comply with maritime environmental requirements, reduce greenhouse gas emissions, and prevent pollution [4] Group 4 - Vow ASA is a leader in wastewater purification and waste valorization in the cruise market, providing technology that enables industries to transition towards a fossil-free future [9] - The company offers advanced technologies that convert biomass, sewage sludge, plastic waste, and end-of-life tires into clean energy and low carbon fuels [7][9]
Vow ASA: Contract of EUR 13.8 million awarded for equipment deliveries to four cruise newbuilds, additional six options to be called upon
Globenewswire· 2025-11-26 15:55
Core Insights - Vow ASA and its subsidiary Scanship received a purchase order worth EUR 13.8 million from a major European shipyard for equipment deliveries starting in July 2026, with the first vessel expected to be operational by the end of 2028 [1] - The agreement includes options for the customer to order equipment for an additional six vessels, valued at EUR 22 million, with deliveries extending to 2032 [1] Group 1: Contract Details - The contract signifies a continuation of the long-standing cooperation between Vow ASA, the shipyard, and the cruise line, emphasizing a commitment to reliable and sustainable solutions [2] - Equipment deliveries are planned for four firm vessels, with two vessel deliveries expected per year [1] Group 2: Environmental Impact - Scanship technology will ensure that all wastewater on the ships is purified to meet the highest standards in the Baltic Sea and Alaskan State waters, involving multiple processing steps for waste management [3] - The waste management system promotes a circular economy by recovering valuable materials such as glass and aluminum [4] - Vow ASA's integrated clean ship solutions are designed to comply with maritime environmental requirements, reduce greenhouse gas emissions, and prevent pollution [4] Group 3: Company Overview - Vow ASA and its subsidiaries focus on preventing pollution and converting biomass and waste into valuable resources, generating clean energy for various industries [6] - The company is a leader in the cruise market for wastewater purification and waste valorization, supporting industries in transitioning towards a fossil-free future [8] - Vow ASA's advanced technologies enable decarbonization and material recovery, with scalable and patented solutions for converting waste into clean energy and low carbon fuels [7]