Due to enter service in late 2023, the ship will be equipped with Scanship technlogy for advanced wastewater purification, waste management and food waste processing.
‘We are thrilled to be part of Virgin's epic sea change for cleaner oceans,’ Scanship CEO Henrik Badin said.
Parent company name change
In other news, Scanship Holding plans to change its name to VOW ASA. This, the company said, emphasizes its commitment to deliver solutions for cleaner oceans and for valorization of waste on land.
‘2019 has been remarkable for Scanship in every way,’ Badin said. ‘We have reinforced our stronghold in the cruise market by a series of breakthrough wins and we have continued to position Scanship in the aquaculture segment. Furthermore, we confirmed our commitment for a cleaner world through our acquisition of ETIA, a European technology leader in the circular economy space.’
Badin said Scanship is ‘committed to help land-based industries, communities and municipalities manage their waste in an efficient and sustainable manner. Our solutions create economic incentives for a truly circular economy because we transform waste into valuable raw materials and products.’
Badin said the proposed new company name can be interpreted in many ways.
Valorization of waste
‘Those with an affinity for acronyms may think VOW — valorization of waste — a common denominator for what we do, or perhaps they see our vision of [the] world. Personally, I also like to think of the name as a reminder of our promise — our vow to our customers, to our investors and to the world. It underlines our passion for preventing pollution,’ he continued.
The new name of the listed holding company will be VOW ASA. The Scanship and ETIA names and the brands within Scanship and ETIA product families will be continued, either as names of subsidiaries or product lines, or both.
Customers will see the same faces and the same products as before the name change.
For investors, shares will be traded on the Oslo Børs under the ticker VOW, and a new corporate website, including investor information, will be at www.vowasa.com.