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The Ballast Water Treatment Market is expected to grow at a CAGR of 32.7% over the forecast period 2020 to 2025. To reduce the marine ecosystem s pollution, the ballast water treatment system was developed with the aid of numerous technologies. Adopting the method mentioned above, the filtration and the disinfection of the ballast water are done.
The principal factor driving the ballast water treatment system is the growing focus on preserving and protecting the marine ecosystem from the pollutants and other toxic species. As per the United Nations Environment Programme (UNEP), in 2018, the world invested around 200 million US dollars in ocean energy technologies, up from 100 million US dollars in 2006.
Euronav awards contracts for two VLCC newbuilds
ship-technology.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ship-technology.com Daily Mail and Mail on Sunday newspapers.
Tanker Operator Euronav orders two newbuild VLCCs and one option to add a third
tankeroperator.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tankeroperator.com Daily Mail and Mail on Sunday newspapers.
Euronav Orders Two Newbuild VLCCs And One Option To Add A Third
Euronav NV yesterday announced that it has entered into an agreement with the Hyundai Samho yard for two VLCC newbuilding contracts. Sourcing fleet renewal from the newbuilding market has primarily been driven by the aim of Euronav to be at the forefront of innovation in the energy transition and to drive projects with potential to decarbonize the transportation of oil.
The vessels will be LNG-ready and consequently there is an ability to cut CO2 emissions compared to current market standards. Furthermore, Euronav is working in cooperation with the yard and classification society to include an Ammonia-ready notation with the potential to reduce CO2 emissions to zero when technology, logistics and the regulatory framework allows for it. This should be defined by the end of the summer. In addition to being significantly more fuel efficient compared to the vessels they will replace, the newbuildings will also be fitted wi
Shipbuilding: Is There A Different Future For Ship
marinelink.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marinelink.com Daily Mail and Mail on Sunday newspapers.