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Vow ASA wins EUR 27 million cruise contract for advanced clean-ship systems

Story Highlights
  • Vow ASA landed a EUR 27 million order to equip four newbuild cruise ships with Scanship waste and wastewater systems.
  • The contract strengthens Vow’s clean-ship position as its technology will meet top-tier marine environmental standards and boost onboard circularity.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Vow ASA wins EUR 27 million cruise contract for advanced clean-ship systems

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

Vow ASA and its subsidiary Scanship have secured a EUR 27 million purchase order from a major European shipyard to supply waste and wastewater treatment systems for four newbuild cruise vessels based on an existing platform. Equipment deliveries will run from 2027 through 2029, with the first ship entering service in mid-2029 and the last in 2031, while the third and fourth vessels remain subject to cancellation rights until late September 2026.

The ships will be fitted with Scanship technology that purifies all wastewater to meet the stringent standards of the Baltic Sea and Alaskan State waters, and processes sludge, food waste and other biogenic waste through dewatering, homogenization, drying and incineration. The integrated waste management systems will enhance onboard circular economy by recovering commodities such as glass and aluminium, supporting Vow’s role in helping the cruise industry meet environmental rules, cut emissions and prevent pollution, while deepening its long-standing partnership with the shipyard and cruise line.

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 is an Oslo-based environmental technology company whose subsidiaries include Scanship, C.H. Evensen and Etia. It develops scalable, patented solutions that convert biomass, sewage sludge, plastic waste and end-of-life tyres into clean energy, low-carbon fuels and renewable carbon, and is a cruise market leader in wastewater purification and waste valorisation.

YTD Price Performance: -4.48%

Average Trading Volume: 3,437,740

Current Market Cap: NOK781.6M

Find detailed analytics on SSHPF stock on TipRanks’ Stock Analysis page.

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