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Vow ASA Secures Strategic EUR 3.4 Million Retrofit Contract

Story Highlights
  • Vow ASA’s Scanship AS wins EUR 3.4 million contract for cruise ship retrofit.
  • This contract marks Vow ASA’s first retrofit project with this customer, enhancing future collaboration opportunities.
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Vow ASA Secures Strategic EUR 3.4 Million Retrofit Contract

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Vow ASA ( (SSHPF) ) has issued an update.

Vow ASA’s subsidiary, Scanship AS, has secured a significant contract worth EUR 3.4 million for delivering equipment in a cruise ship retrofit in Europe, with potential for further engagement in a comprehensive retrofit program. This strategic win marks their first retrofit project with the customer, strengthening their position in the cruise industry and potentially expanding their footprint in future retrofit projects.

More about Vow ASA

Vow ASA is a leading company in providing solutions to convert biomass and waste into valuable resources and clean energy, facilitating industry decarbonisation and material recovery. Their technologies are pivotal in transitioning industries towards a fossil-free future, and they hold a strong market position in cruise market wastewater purification and waste valorisation. Vow ASA also operates in food safety, robotics, and heat-intensive industries with a decarbonising agenda, and is listed on the Oslo Stock Exchange.

YTD Price Performance: -20.59%

Average Trading Volume: 4,160

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $39.83M

See more data about SSHPF stock on TipRanks’ Stock Analysis page.

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