Vow: Contract of EUR 7,2 million awarded for equipment deliveries to two newbuild cruise vessels
Oslo, 08 July 2026: Vow ASA (ticker OSE: VOW) and its subsidiary Scanship have received purchase orders from a major European shipyard of EUR 7.2 million for two vessels, previously mentioned as options in press release dated 26.11.2025.
This order is now firm with the first equipment deliveries expected in July 2028 and January 2029. The vessels are scheduled to enter operation towards end of 2030 and end of 2031.
“Through this contract, we continue our long-standing cooperation with the shipyard and the cruise line. The vessels will be fully equipped with Scanship systems, reinforcing our joint commitment to reliable and sustainable solutions,” says Gunnar Pedersen, CEO of Vow ASA.
With Scanship technology onboard, all wastewater on the ships will be purified according to the requirements in the Baltic Sea and Alaskan State waters, which are to date the highest standards at sea. All residue sludge from the wastewater, along with food waste and other biogenic waste from hotel operations, will undergo several processing steps such as dewatering, homogenization, drying, and finally incineration or shore delivery. The waste management system further enhances the abord circular economy, recovering valuable commodities such as glass and aluminum for landing. Scanship’s integrated clean ship solutions are designed to ensure compliance with 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 ASA Tel: +47 916 30 304
Email: gunnar.pedersen@vowasa.com
Cecilie Brænd Hekneby, CFO, Vow ASA Tel: +47 992 93 826
Email: cecilie.hekneby@vowasa.com
This information is considered to be inside information pursuant to the EU Market Abuse Regulation and subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. This stock exchange notice was published by Cecilie Brænd Hekneby, CFO, on the date and time as set out in the release.
About Vow
Vow (the "Group" or the "Company") and its subsidiaries Scanship, C. H. Evensen Industriovner and Etia are passionate about preventing pollution. The company delivers products and services to the maritime industry and develops and commercializes technologies within waste management and the conversion of waste into high-value products and energy. Vow operates through three business units: Maritime Solutions, Aftersales, and Industrial Solutions, and is a cruise market leader in wastewater purification and valorization of waste. Its advanced technologies and solutions enable industrial decarbonization and circular resource utilization. Waste streams such as biomass and end-of-life tires are converted into clean energy, biocarbon and low-carbon fuels that replace fossil-based alternatives in industrial processes. The solutions are modular, scalable, standardized, patented, and thoroughly documented, enabling efficient deployment across projects and markets. The company's capability to deliver is well proven, supported by a structured development model from pilot to full-scale operations. Vow holds strong niche positions in food safety and heat-intensive industries with ambitious decarbonization agendas. Located in Oslo, the parent company Vow ASA is listed on the Oslo Stock Exchange (ticker: VOW)