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Vow ASA: Vow ASA subsidiary Scanship awarded a 7.8 million-euro contract for its cruise clean ship system with major European shipbuilder

Vow ASA: Vow ASA subsidiary Scanship awarded a 7.8 million-euro contract for its cruise clean ship system with major European shipbuilder

June 30th, 2020

Vow ASA has through its subsidiary Scanship AS been awarded a 7.8-million-euro cruise newbuild contract for the delivery of its advanced technologies for wastewater purification, garbage handling and food waste processing. The Scanship systems will be installed on two mega sized cruise ships entering service in 2026 and 2027, being part of an ongoing 6 ship newbuild program in Italy for one of the larger Miami based shipowners. Scanship has previously entered into contracts for the other ships in the program.

“We feel humbled by how the major shipowners and yards are moving forward with a commitment in these disruptive times, and proud to once again being selected as their partner delivering technologies for environmental compliance and cleaner oceans”: says Henrik Badin, CEO of Vow ASA in a statement.

Henrik Badin – CEO Vow ASA Tel: +47 90 78 98 25 Email: henrik.badin@vowasa.com

About Vow ASA

In Vow and our subsidiaries Scanship and Etia we are passionate about preventing pollution. Our world leading solutions convert biomass and waste into valuable resources and generate clean energy for a wide range of industries.

Cruise ships on every ocean have Vow technology inside which processes waste and purifies wastewater. Fish farmers are adopting similar solutions, and public utilities and industries use our solutions for sludge processing, waste management and biogas production on land.

Our ambitions go further than this. With our advanced technologies and solutions, we turn waste into biogenetic fuels to help decarbonize industry and convert plastic waste into fuel, clean energy and high-value pyro carbon.

Our solutions are scalable, standardized, patented and thoroughly documented, and our capability to deliver is well proven. They are key to end waste and stop pollution.

Located in Oslo, the parent company Vow ASA is listed on the Oslo Stock Exchange (ticker VOW from 13 January 2020). The Vow group has 120 employees in Norway, France, Poland and the US.

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

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Lysaker Torg 12

1366 Lysaker NORWAY



info@vowasa.com

Org. nr. 996 819 000


BUSINESS INQUIRIES

Henrik Badin

Chief Executive Officer (CEO)

+47 90 78 98 25

henrik.badin@vowasa.com
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