We expect Cruise Projects to continue to perform well, as the order backlog secures revenues until 2024-25, and we expect a rebound in Aftersales towards the summer as cruise owners prepare to activate their fleets. We would highlight the significa nt potential within Landbased activities, as its partnerships with Repsol, ArcelorMittal and Elkem could result in system deliveries beyond today’s orders within cruise.
Note that Vow Green Metals, to be listed within months (and which will build/run/operate the plant at Follum), has with its first production phase of 10,000 tonnes of biocarbon an order backlog potential that could contribute NOK 250m in revenues for 2021 and 2022 for Vow.
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