Korea's Techcross and Singapore's Keppel Sign BWMS MOU

MarineLink.com
Tuesday, April 09, 2013

Ballast Water Management System (BWMS) supplierTechcross sign a joint marketing & retrofit support MOU with Keppel Shipyard.

Techcross say that their MOU with Keppel Shipyard is intended to value-add to the significant retrofitting market. They will be cooperating to provide expertise to ship owners, undertake joint marketing initiatives and share support services.

With the 2004 International Convention by the International Maritime Organization (IMO) for the Control and Management of Ships' Ballast Water and Sediments (BWM) nearing entry-into-force, both companies have identified the need to provide support to customers before and after ratification.

The new-construction vessel market comprises of 2,500 to 3,000 vessels per year. In comparison, the retrofitting market is expected to include 50,000 to 70,000 vessels. The ratification of the BWM Convention is expected to lead to an explosive growth in the BWMS market [reference: IMO MEPC 61/2/17].

A major shipyard with more than a century of experience, Keppel Shipyard provides a broad range of offshore and marine services to customers from around the world. The yard is well-placed to undertake retrofitting work such as the installation of BWMS in a cost-effective, prompt and safe manner.

Techcross add that they have been preparing for the tremendous retrofitting market since the beginning of its business and is ready to expand its aggressive sales strategy with the signing of this MOU.
 


Contracts

Banks Halt Support for Hanjin

A bankruptcy would be biggest ever for a container shipper. Hanjin Shipping Co's banks are halting support for the South Korean company, its lead creditor said,

Austal Dives into Loss

Australia’s largest shipbuilder Austal posted a full year loss of $84.28 million because a program to build war ships for the US Navy took longer than expected.

Russian Shipbuilder Signs $1 bln Oil Rigs Contract with Iran

Russian shipbuilder Krasnye Barrikady and Iran's Tasdid Offshore Development Company (TODC)  have signed a deal worth $1 billion to build five offshore drilling

Ballast Water Treatment

WSS Marketing Turner Design’s Ballast Water Compliance Tool

Wilhelmsen Ships Service (WSS), provider of products and services to the shipping industry, said it has signed a partnership with Turner Designs USA to market its

Damen, Evoqua Team for Innovative BWTS Solution

Two innovators in delivering unique solutions for the maritime sector, Damen Green Solutions and Evoqua Water Technologies will launch the DAMEN BALCON EC 1500

Fednav Welcomes Innovative Ballast System at Indiana Port

Fednav Limited, the largest international bulk shipowner in Canada, welcomed to the Port of Indiana-Burns Harbor, the Federal Caribou, one of seven new oceangoing

 
 
Maritime Contracts Naval Architecture Offshore Oil Pipelines Port Authority Ship Electronics Ship Repair Ship Simulators Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0538 sec (19 req/sec)