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Vow ASA Secures EUR 29.6 Million Order for Sustainable Ship Solutions

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Vow ASA Secures EUR 29.6 Million Order for Sustainable Ship Solutions

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An announcement from Vow ASA ( (SSHPF) ) is now available.

Vow ASA, through its subsidiary Scanship, has secured a significant purchase order worth EUR 29.6 million from a major European shipyard to equip two new vessels with its advanced waste management systems. This order reinforces Vow’s commitment to sustainable solutions, as the technology will ensure compliance with stringent environmental standards and enhance circular economy practices on board by recovering valuable resources and reducing emissions.

The most recent analyst rating on (SSHPF) stock is a Hold with a NOK1.60 price target. To see the full list of analyst forecasts on Vow ASA stock, see the SSHPF Stock Forecast page.

More about Vow ASA

Vow ASA, headquartered in Oslo and listed on the Oslo Stock Exchange, is a leader in providing advanced technologies and solutions for preventing pollution and enabling industry decarbonization. The company specializes in converting biomass and waste into valuable resources and clean energy, serving a wide range of industries. Vow is particularly prominent in the cruise market for wastewater purification and waste valorization, and also holds strong positions in food safety, robotics, and heat-intensive industries.

Average Trading Volume: 1,211,533

Current Market Cap: NOK644.4M

For a thorough assessment of SSHPF stock, go to TipRanks’ Stock Analysis page.

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