Cavotec has announced that it is to open a new office in Malaysia to strengthen its position in the fast-growing markets for electrification and automation of ports in Asia and around the world.
In a statement issued yesterday (15 September), Mikael Norin, Cavotec CEO said: ‘The Ports & Maritime industry is undergoing a fundamental shift in which communities and consumers are rejecting today’s unsustainable transportation systems. And as niche markets are becoming mass markets, we’re accelerating our efforts to grow in Asia, which has huge potential.
‘As a part of this strategy, our new office in Malaysia will ensure that we are closer to our customers and the many growth opportunities we see in Asia.’
Earlier this year, Cavotec won an order for the first ever MoorMaster vacuum mooring system in Asia.
Cavotec ialso believes that the Asian market for its shore power and charging systems is ‘set for substantial growth in the years ahead’.