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Optimarin expects big share of ballast water treatment market
THE US Coast Guard's (USCG) environmental test and all land-based and shipboard testing for marine, brackish and fresh water has been successfully completed by ballast water treatment (BWT) system specialist Optimarin.
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 - in a segment that is predicted to be worth in excess of US$3 billion by 2023.
The company, which expects USCG approval in the third quarter, said the potential market for its system is 25,000 ships worldwide.
Optimarin CEO Tore Andersen believes his team, together with engineering partners Goltens and Zeppelin, can take a "very significant share" of the retrofit market.
"We know retrofit," said Mr Andersen. "Of the 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."
The firm is currently enjoying its best year ever, with 100 systems ordered so far in 2016. Key orders include a 15 unit contract from VARD for Topaz, 10 systems for Atlantis Tankers, 10 for the Royal Netherlands Navy, nine systems for Sinopacific Shipbuilding Group and a frame agreement with Carisbrooke with the potential to encompass retrofits on 46 bulk and multipurpose vessels.
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 the American Bureau of Shipping.
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 - in a segment that is predicted to be worth in excess of US$3 billion by 2023.
The company, which expects USCG approval in the third quarter, said the potential market for its system is 25,000 ships worldwide.
Optimarin CEO Tore Andersen believes his team, together with engineering partners Goltens and Zeppelin, can take a "very significant share" of the retrofit market.
"We know retrofit," said Mr Andersen. "Of the 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."
The firm is currently enjoying its best year ever, with 100 systems ordered so far in 2016. Key orders include a 15 unit contract from VARD for Topaz, 10 systems for Atlantis Tankers, 10 for the Royal Netherlands Navy, nine systems for Sinopacific Shipbuilding Group and a frame agreement with Carisbrooke with the potential to encompass retrofits on 46 bulk and multipurpose vessels.
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 the American Bureau of Shipping.
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