• 2016 July 7 16:51

    Optimarin completes USCG testing and looks to take ‘significant’ share of global BWT market

    Ballast Water Treatment (BWT) system specialist Optimarin has successfully completed the US Coast Guard’s (USCG) environmental test and all land-based and shipboard testing for marine, brackish and fresh water. It is understood to be the first supplier of UV-based BWT technology to satisfy the USCG’s stringent CMFDA testing criteria – a development that it believes can be “a springboard for global success,” the Company said Thursday in its press release.

    Optimarin is a pioneer of the BWT segment, having specialised in environmentally friendly UV treatment technology for the past 22 years, installing the world’s first ever commercial system in 2000 on the cruise ship Princess Regal. Fuelled by its success with the USCG, the firm is currently enjoying its best year ever, with close to 100 systems ordered so far in 2016.

    “The conclusion of the USCG approval testing marks an important evolutionary step for our business,” states CEO Tore Andersen, noting that full USCG type approval is now expected in Q3, once all necessary documentation has been completed.

    “Our customers can now be assured that our system meets the most stringent regulatory standards in the world, giving them peace of mind for all global fleet operations now, and into the future.

    “With the ratification of the IMO’s Ballast Water Management convention finally on the horizon – just a further 0.13% of global tonnage is required to bring it into force – our total compliance is a real strength. That, along with the fact our technology is market proven and simple to maintain, with no moving parts, puts us in pole position for a segment that is predicted to be worth in excess of USD 3 billion by 2023.”

    Optimarin sees a potential market for its system of 25,000 ships worldwide, with Andersen believing that his team – in conjunction with Global Engineering partners Goltens and Zeppelin – can take “a very significant share” of the retrofit market.

    “We know retrofit,” he stresses. “Of the approximately 500 systems we’ve sold over 100 have been retrofits. Our modular systems and expert engineering partners mean the solutions we offer are flexible and easy to install onto any ship, of any type. Shipowners appreciate this, laying the foundation for the growing number of framework fleet agreements we are now signing.”
    Key orders so far this year include a 15 unit contract from VARD for Topaz, ten systems for Atlantis Tankers, a further ten for the Royal Netherlands Navy, nine systems for Sinopacific Shipbuilding Group, three for Saga Shipholding (adding to an additional 26 systems already installed on its fleet), two for Solvang ASA, and a frame agreement with Carisbrooke with the potential to encompass retrofits on 46 bulk and multipurpose vessels.

    It is, Andersen concludes, a good time for the business. “We’ve spent over two decades, and many millions of dollars, in our quest to develop the best, most compliant BWT technology on the market. That dedication is now paying off. We have an excellent orderbook, stable finances and management, and a very bright future ahead - with what we believe should be five to seven years of exponentially rising revenues.

    “The imminent USCG approval is paving the way for us to make an even bigger impact on the global marketplace than we have to date. A surge of new BWT business is on the horizon, and we aim to take advantage of that – giving shipowners the technology, service and expertise they need for trouble-free, compliant worldwide operations.”

    Optimarin’s Ballast System (OBS) is fully IMO compliant and certified by a comprehensive range of classification organisations, including DNV GL, Lloyd’s, Bureau Veritas, MLIT Japan, and American Bureau of Shipping.




2019 October 21

18:25 Navios Acquisition announces $15 mln offering of common stock
18:02 Temasek subsidiary plans to acquire 30.55% of shares in Keppel
17:50 Two LNG-powered Sovcomflot tankers successfully completed voyages along Northern Sea Route
17:36 Anglo-Eastern signs Cyber MOU with Naval Dome
17:13 Guard ship "Yaroslav Mudry" of RF Navy’s Baltic Fleet made business call in Limassol
17:05 Blockchain and DNA-based marine fuels tracking solution BunkerTrace goes live
17:02 Castor Maritime announces vessel acquisition
16:40 Yaroslavsky shipyard launches diving ship '75 Let Pobedy’ built for Transneft UW Service
16:21 Ministerial Conference pushes ratification of Cape Town Agreement
16:16 ACO Marine secures order to design and manufacture a Clarimar MF-3 biological wastewater management system for installation to the luxury yacht
16:09 ABB to bring autonomous technology to the Port of Singapore
16:02 Hunter Group ASA announces delivery of Hunter Saga
15:39 TransContainer reports 9M’19 net profit of RUB 10.426 million, up 68.3% YoY
15:02 Epic Gas completes major refinancing of twenty ships
14:47 Port of Baku becomes first Green Port in Caspian region
14:13 Sulphur 2020: stakeholders prepare for a sea change from 1 January 2020
13:52 USPA starts accepting applications for participation in concession tender of “Olvia Stevedoring Company”
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13:13 Innovative vessels visit port of Brussels
12:39 Ports of Antwerp and Zeebrugge initiate merger negotiations
12:12 Aker Solutions and EDP Renewables to develop floating wind farm in Ulsan, South Korea
11:55 Port of Singapore throughput in Jan-Sep’2019 declined by 0.5% to 467.9 million tonnes
11:36 Port of Rotterdam posts Q3 2019 results
11:19 Container throughput of port Hong Kong (China) down 6.5% to 13.68 million TEUs in Jan-Sep’2019
11:00 CMA CGM launches SHIPFIN TRADE FINANCE, its new range of import and export financing solutions
10:48 Port of Helsinki volumes in January-September down 3.3% to 11.16 million tonnes
10:33 Damen partners with Maris to consider seaweed solution
09:51 One-stop principle is crucial for yachting development in Russia - Igor Levitin
09:30 Brent Crude futures price is down 0.29% to $59.25, Light Sweet Crude – fell by 0.13% to $53.8
09:24 MABUX: Bunker market this morning, Oct 21
09:12 Baltic Dry Index is down to 1,855 points

2019 October 20

16:05 EDPR and Aker Solutions to develop 500MW floating wind farm in Ulsan, South Korea
15:25 Coast Guard updates port conditions in Gulf Coast region
14:47 Siemens Gamesa bags three new contracts for 359 MW in Chile
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12:34 MSC introduces new Spanish rail service for reefer cargo
11:03 USCG, Mexican Navy search for overdue aircraft in Gulf of Mexico
10:12 DOE authorizes LNG exports from the Venture Global Plaquemines LNG Project

2019 October 19

16:12 Bibby Marine appoints Helen Samuels to lead the company into its next phase of development
14:58 Med Marine is building new concept ice class tugs for Svitzer
12:34 Sohar Port & Freezone inaugurate new Svitzer pilot boat duo
11:44 USCG offloads more than $92 million worth of cocaine in San Diego
10:49 Singapore company slapped with NOK 7 million fine in the Harrier case

2019 October 18

19:19 New port icebreaker named Ob delivered to FSUE Atomflot
18:54 Port Kolomna hosted ceremony of consecration for pusher tug named Sergey Kladko
18:31 RF Ministry of Transport to expand area banned for navigation near Crimea bridge
18:12 Northwest Seaport Alliance’s Clean Truck Program earns AAPA environmental award
17:57 NUTEP Container Terminal handled three millionth TEU since its operations started in 2004
17:38 Expert RA affirms its ‘ruA’ non-financial company credit rating on DeloPorts
17:13 Port of Virginia buys 25 new hybrid shuttle carriers
17:00 First grain shipment via Sabetta port expected in July 2020 – RF Ministry of Agriculture
16:46 Onezhsky Shipyard delivers buoy tender of Project 3265 named Ladozhsky
16:20 ERMA FIRST invests in METIS Cyberspace Technology
15:45 International organizations unite at IMO
15:14 "K" LINE, MOL, & NYK share data with ONE through the common data platform "IoS-OP"
14:49 Main engines loaded onto lead ship of PV22 project at Nevsky Shipyard
14:12 ESPO publishes European port sector’s Environmental Report 2019
13:53 Blagoveshchensk shipyard resumed construction of modernized seiners of Project 1338
13:32 Total launches its first LNG bunker vessel
13:12 SBM Offshore successful bidder for partner’s minority ownership in SBM Offshore operated FPSO companies