Contract of EUR 27 million awarded for equipment deliveries to four newbuilds
February 23rd, 2026
Vow ASA (ticker OSE: VOW) and its subsidiary Scanship havesigned an agreement of EUR 6.4 million with a major European shipyard forequipment delivery to one cruise vessel, previously mentioned as an option.
The order is a continuation of an existing series and the 6th vessel. The firstequipment delivery is planned for October 2027 and the vessel is scheduled toenter operation towards end of 2029.
“Through this contract, we continue our long-standing cooperation with theshipyard and the cruise line. The vessel will be equipped with Scanship systems,reinforcing our joint commitment to reliable and sustainable solutions,” saysGunnar Pedersen, CEO of Vow ASA.
With Scanship technology onboard, all wastewater on the vessel will be purifiedaccording to the requirements in the Baltic Sea and Alaskan State waters, whichare to date the highest standards at sea. All residue sludge from thewastewater, along with food waste and other biogenic waste from hoteloperations, will undergo several processing steps such as dewatering,homogenization, drying, and finally incineration or shore delivery. The wastemanagement system further enhances the abord circular economy, recoveringvaluable commodities such as glass and aluminum for landing.
Scanship’s integrated clean ship solutions are designed to ensure compliancewith all maritime environmental requirements, reducing greenhouse gas emissions,recovering important resources from waste, and preventing pollution.
For more information, please contact:Gunnar Pedersen, CEO, Vow ASATel: +47 916 30 304Email: gunnar.pedersen@vowasa.com
Cecilie Brænd Hekneby, CFO, Vow ASATel: +47 992 93 826Email: cecilie.hekneby@vowasa.com
This information is considered to be inside information pursuant to the EUMarket Abuse Regulation and subject to the disclosure requirements pursuant tosection 5-12 of the Norwegian Securities Trading Act. This stock exchange noticewas published by Cecilie Brænd Hekneby, CFO, on the date and time as set out inthe release.
About VowVow (the “Group” or the “Company”) and its subsidiaries Scanship, C. H. EvensenIndustriovner and Etia are passionate about preventing pollution. The companydelivers products and services to the maritime industry and develops andcommercializes technologies within waste management and the conversion of wasteinto high-value products and energy. Vow operates through three business units:Maritime Solutions, Aftersales, and Industrial Solutions, and is a cruise marketleader in wastewater purification and valorization of waste. Its advancedtechnologies and solutions enable industrial decarbonization and circularresource utilization. Waste streams such as biomass and end-of-life tires areconverted into clean energy, biocarbon and low-carbon fuels that replacefossil-based alternatives in industrial processes. The solutions are modular,scalable, standardized, patented, and thoroughly documented, enabling efficientdeployment across projects and markets. The company’s capability to deliver iswell proven, supported by a structured development model from pilot tofull-scale operations. Vow holds strong niche positions in food safety andheat-intensive industries with ambitious decarbonization agendas. Located inOslo, the parent company Vow ASA is listed on the Oslo Stock Exchange (ticker:VOW).
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