Based Paint News

The developer of the barnacle-repelling antifouling ingredient Selektope have become members of the non-profit organization Clean Shipping Index (CSI). Through its membership, I-Tech AB will encourage environmentally responsible decisions around antifouling coating procurement to users of CSI’s holistic labeling system which ranks the environmental performance of ships. I-Tech will seek to promote the benefits of choosing less environmentally impactful antifoulings and educate CSI users on the impact of coating types…

I-Tech AB, the company behind the development of the antifouling ingredient Selektope, has applied for admission to trade the company’s shares on the Nasdaq First North Stockholm exchange.The first day of trading of the I-Tech AB (publ) company on Nasdaq First North is estimated to be May 28, 2018. The listing is preceded with a share issue of a maximum SEK 44.1 million ($4.9mln) . The company is valued at approximately SEK 200.4 million ($22 mln).The floating of the company’s shares on the Nasdaq First North stock exchange market will create a robust platform for continued growth and business development. It will enable I-Tech to invest in further opportunities in order to strengthen the business and to secure the ability to grow in the face of increasing customer demand.

I-Tech AB, the Swedish developer of the bio-repellent antifouling ingredient Selektope, has signed a supply agreement with a Japanese paint manufacturer representing the largest ever single order of the technology to-date. The large volume order was placed by Japanese paint manufacturer Chugoku Marine Paints (CMP) as part of a long-term supply agreement between I-Tech and CMP to support the growth of CMP’s Selektope-containing antifouling product portfolio. The supply agreement…

As global water temperatures increase, global ‘biofouling hotspots’ in subtropical/tropical areas are intensifying, exposing newbuildings at the world’s major shipyards to greater risk of hard fouling during the outfitting process. The effects of intense hard fouling on idle newbuilds can have great impact on a newly applied hull coating and on a vessel’s performance in sea trials. In response to this problem, a new antifouling coating specifically targeting hard biofouling prevention during the outfitting period was brought to market by Danish marine coatings specialist Hempel in late 2017. GLOBIC 9500S includes the unique antifouling…

I-Tech AB has been recognized as the technology innovation leader in the European marine biocides market, resulting in the company receiving the 2017 Technology Innovation Award from Frost & Sullivan. Each year, Frost & Sullivan presents this award to the company that has developed a product with innovative features and functionality that is gaining rapid market acceptance. Based on its recent analysis of the European biocides market, Frost & Sullivan found that the long-term environmental and economic benefits of using I-Tech’s unique bio-repellent antifouling ingredient…

A brand-new antifouling product containing the bio-repellent ingredient Selektope has been launched onto the global market. The increasing diversification in the range of Selektope-containing products available to ship owners suitable for different vessel requirements demonstrates the unrivalled versatility of the antifouling ingredient. It also demonstrates a growing commitment to the technology as demand from ship owners for antifouling coatings comprising Selektope intensifies. SEA GRANDPRIX 880HS PLUS is the third product Chugoku Marine Paints (CMP) has launched that contains Selektope.

Stena RoRo, who has four newbuild RoPax ferries on order at the AVIC yard in Weihai, China, has signed a contract to coat the hulls with paint that incorporates the bio-repellent antifouling ingredient Selektope. According to Selektope’s developer, Gothenburg based bio-tech company I-Tech AB, its pharmacological mode of action combats barnacle settlement on ships’ hulls by temporarily stimulating the barnacle larvae’s swimming behavior. The organic, non-metal compound is characterized by high efficacy at extremely low concentrations (0.1 percent w/w)…

The CMA CGM Group has just acquired another 18,000 new units, bringing its eco-container fleet to nearly 140,000 teus. For many years, the Group has attempted to minimize its impact on the environment through the following initiatives. Since 2005, the Group has been offering containers with bamboo floors. The result of a collaboration between CMA CGM and one of its main customers, these containers meet two objectives: to limit the use of wood from primary forest and to improve the technical qualities of the containers. Today, more than 10% of the Group’s fleet is equipped with this type of flooring. What’s more, the Group is currently testing new synthetic resin flooring.

Legislation has been favorably reported out of the Senate Committee in Commerce, Science, and Transportation that would, if enacted, constitute the first official steps by the federal government to come to grips with biofouling of the hulls of ships. The Ballast Water Management Act of 2007 (S. 1578) would, among other things, require the U.S. Coast Guard to conduct a study of vessel-borne vectors (other than ballast water and sediment), specifically including vessel hulls, anchors, and equipment.

Next week at the IMO in London a Diplomatic Conference will be held to finalize the details of the Convention on the Control of Harmful Anti-fouling Systems. In particular the phasing out of tin based (TBT) anti-fouling systems will be finalized with a system put in place to assess future anti-fouling systems. INTERTANKO, together with the other main industry representatives ICS, Intercargo, SIGTTO, OCIMF and Bimco have submitted a paper to the Conference focusing on those issues which concern the industry and which still need to be resolved. One of the greatest concerns is the possibility of having to remove all trace of a TBT based coating after 2008 and so requiring the complete blasting of the hull.

sister vessel to Warbaby Fox, the 124-ft. catamaran passenger ferry delivered this past summer to theGovernment of Bermuda. The 350-passenger BMT Nigel Gee design low-wake catamaran is now in operation as a commuter ferry. Bermuda currently has five high speed ferries operating a year round service out of Hamilton, including the recent addition. alternative to the motor car. commuter route operating between the centrally located capital city of Hamilton and the town of St. Georges on the eastern end of the Island. This new route complements the very successful Hamilton – west end routes currently provided. of the Ministry of Tourism and Transportation, and operated under the name and logo of Sea Express. The ferry has an all aluminum hull with a resiliently mounted super structure.