• 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.




2020 February 19

18:37 Eni launches hull for Coral Sul FLNG in offshore Mozambique
18:06 Port of Rotterdam aims to become the most sustainable biorefinery in Europe
17:52 NOVATEK’s 2019 profit grew 5.3 times YoY to RUB 865.5 billion
17:31 Royal IHC launches TSHD GHASHA for National Marine Dredging Company
17:28 Wärtsilä and Carnival achieve real-time data exchange between ship and port
17:06 Jan De Nul finishes deepening works in the Port of Maputo
16:46 Port of Hamburg seaborne cargo throughput up 1.1 percent to 136.6 million tons in 2019
16:42 PM Yury Borisov backs RF Transport Ministry’s proposal to assign cargo to Russian-flagged and Russian-owned vessels
16:13 Boston Ship Repair gets Navy's $14.3M contract
15:37 Russia’s market demand for marine fuel to exceed 10 million tonnes in 2020 – PM Yury Borisov
15:10 Inmarsat launches connectivity services in Saudi Arabia across land, sea and air
14:51 FESCO launches new regular container train from Novosibirsk to Khabarovsk
13:48 Russia’s bunker market fell by over 6% YoY to 11 million tonnes in 2019
13:06 Rosneft’s hydrocarbon production in 2019 remained flat YoY at 5.79 mmboed
12:39 Rosneft reports 29-pct increase of its 2019 net income to RUB 708 bln
12:05 Philippine Ports Authority net income soars 31% in 2019
11:47 Konstantin Anisimov appointed as Deputy Head of Federal Marine and River Transport Agency
11:00 Position of the European Federation of Inland Ports (EFIP) on the European Green Deal
10:52 Golar Power forms partnership with BR Distribuidora
10:41 IMO continues its work to counter maritime crime
10:21 MABUX: Bunker market this morning, Feb 19
10:18 Finland accedes to Cape Town Agreement on fishing vessel safety
09:54 Bunker prices go down at the port of Saint-Petersburg, Russia
09:32 Brent Crude futures price is up 1.07% to $58.37, Light Sweet Crude – up 1.05% to $52.84
09:19 Milaha takes part in the Qatar Maritime and Logistics Summit as its main sponsor
09:15 Baltic Dry Index is up to 450 points

2020 February 18

18:00 Petronas signs 12-year time charter party for two new build LNG vessels
17:36 MARAD announces more than $280 million in grants for US ports
17:27 Jotun Marine: Proactive measures needed to improve hull performance
17:06 CMA CGM announces FAK rates from the Mediterranean to USEC and USGULF
16:43 EIB supports refurbishment of Port of Ystad to accommodate climate-friendly vessels
16:21 Oboronlogistics designated as sole executor of works and services related to delivery of goods by sea to Kaliningrad Region
15:36 CMA CGM announces Emergency Space Surcharge for exports from Russia & Baltic
15:33 Stena Bulk and Admiral Makarov University agree to make company-branded class
15:04 Port of Singapore to give 50% port dues concession to passenger vessels
14:40 Borr Drilling enters into new financing arrangement for a newbuild jack-up drilling rig
14:07 Volga Shipping Company to convert three tankers into dry cargo carriers in 2020
13:24 DP World to delist from Nasdaq Dubai
12:48 Bunker prices go down at the Far East ports of Russia (graph)
12:10 E.ON, Rotterdam Port Authority and DeltaPort Niederrheinhäfen agree to develop an infrastructure for freight and passenger ships
11:04 GTT receives two orders from Hyundai Samho Heavy Industries and Hyundai Heavy Industries
10:52 Average wholesale prices for М-100 HFO grew to RUB 10,253 in RF spot market
10:21 MABUX: Bunker market this morning, Feb 18
10:19 Linkspan connection/disconnection service tariff changed at Ust-Luga ferry terminal
09:54 Divers of RF Navy's Black Sea Fleet started preparing for "Depth-2020" competition
09:33 Brent Crude futures price is down 1.13% to $57.02, Light Sweet Crude – down 0.76% to $51.92
09:15 Baltic Dry Index is up to 434 points

2020 February 17

18:37 CMA CGM announces FAK rates from Middle East Gulf & Pakistan to North Europe, the Mediterranean and Red Sea & Red Sea
18:06 European Shipping Week 2020 opens with the latest figures on European shipping
17:50 Gazprom Neft’s supplies of low-sulphur marine fuel to domestic market to exceed 1.5 million tonnes in 2020
17:36 SCHOTTEL secures contract to provide propulsion units for a newly built harbour tug
17:18 BlueWater Reporting issues ISC-North America trade report
17:05 Saga Subsea receives new contract
16:30 IMO’s Sub-Committee on Pollution Prevention and Response meets this week
16:05 Reach Subsea awarded several contracts and call-offs under frame agreements for 2020 execution
15:54 Wärtsilä to supply customized Hybrid Scrubber solution to two Norwegian Cruise Line ships
15:06 Sea Port of Saint-Petersburg's allocations under its social programme totaled RUB 47 million in 2019
14:42 Container throughput of Hong Kong port (China) fell by 20.4% to 1.35 million TEUs in Jan’2020
14:17 Damen holds keel-laying ceremony for Nigerian Navy landing craft
13:38 WFW advices BPER BANCA on Marittima Emiliana financing