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The latest announcement is out from Vow ASA ( (SSHPF) ).
Vow ASA and its subsidiary Scanship have secured a significant contract worth approximately NOK 500 million to provide advanced equipment for three cruise ships at a European shipyard. This contract underscores a growing trend among cruise operators towards sustainable solutions, with Vow ASA set to deliver pyrolysis technology, wastewater purification systems, and waste valorisation solutions that aim to eliminate sea discharge, recover resources, and reduce carbon footprints, enhancing the company’s position in the sustainable maritime solutions market.
More about Vow ASA
Vow ASA, along with its subsidiaries Scanship, C.H. Evensen, and Etia, specializes in converting biomass and waste into valuable resources and clean energy across various industries. The company is a leader in the cruise market for wastewater purification and waste valorisation, offering technologies that facilitate industry decarbonization and a shift towards fossil-free solutions. Based in Oslo, Vow ASA is listed on the Oslo Stock Exchange.
YTD Price Performance: -10.59%
Average Trading Volume: 7,500
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $41.68M
For a thorough assessment of SSHPF stock, go to TipRanks’ Stock Analysis page.
