Sverre Prytz News

Terragon Environmental Technologies Inc., a developer of waste-to-resource technology solutions, has entered into a strategic partnership with Green Marine Capital (GMC). Terragon CEO and Co-founder Dr. Panayotis Tsantrizos said the partnership will allow the company to commercialize its products in the marine sector. Terragon’s first commercially available product, the Micro Auto Gasification System (MAGS), is designed to convert each kilogram of organic waste generated by a habitat into 2kWh of thermal energy by using gasification technology the company says is clean and simple to operate.

Terragon Environmental Technologies Inc. has entered into a strategic partnership with Green Marine Capital (GMC) in an effort to enable off grid sustainability by developing and commercializing simple compact and economical products that allow any habitat to convert its waste into useful resources, such as energy and clean water, Terragon said. Terragon’s first commercially available product, the patented Micro Auto Gasification System (MAGS), converts each kilogram of waste generated by a habitat into 2kWh of thermal energy. A second product, the Wastewater Electrochemical treatment Technology (WETT), converts sewage into clean water that can be used for many utilities. Combined, MAGS and WETT can eliminate waste discharge from any habitat while reducing its need for energy and water.

Corvus Energy today announced that it has completed a strategic investment by Green Marine Capital (GMC) previously announced on May 5, 2014. Green Marine Capital, an investment partnership of global maritime companies that draws on the maritime heritage of the BW Group and DNV GL to assist Corvus deliver its growth strategy. “We are very pleased to complete this process and continue to drive both the commercial success and the innovation of our solutions not only for the maritime industry, but also in a number of adjacent sectors where our value proposition and competitive advantage is well established,” commented Andrew Morden, Interim CEO of Corvus.

OceanSaver’s ballast water treatment (BWT) system has been chosen for two 162,000cbm LNG carriers being built by BW Gas. OceanSaver was selected due to its competitive pricing, low operating costs, and compatible technical system. BW Gas is one of the largest independent owners and operators of LNG carriers and the largest owner and operator of LPG carriers. These sophisticated and highly regulated vessels require competent crews and high quality operations. They also require consistent standards of maintenance which BW Gas maintains regardless of short-term changes in the freight market. With these standards in mind, BW Gas conducted a thorough evaluation of the OceanSaver ballast water system (BWT) before confirmation.