TECO 2030 Inc, US subsidiary of Norwegian company TECO 2030 ASA, has received a Nkr1M (US$110,000) order for its TECO ballast water treatment system. The sale will fund development of a fuel cell product
The order for the TECO ballast water treatment system was placed by Seabulk Tankers Inc, a subsidiary of SEACOR Holdings Inc.
TECO ballast water treatment system is developed and manufactured in France by the company BIO-SEA, the ballast water treatment division of BIO-UV Group, a European leader in UV water disinfection systems.
The system is designed for inactivation and elimination of organisms, to comply with the IMO D-2 standard and USCG regulations for discharge during ballasting operations.
All BIO-SEA systems will also comply with the new G8 rules which will be enforced on 28 October 2020.
“The sale of existing and proven technology to reduce emissions and pollution from ships means TECO 2030 will have meaningful short-term revenue streams while we work on our most ambitious project: the development of the TECO Marine Fuel Cell, a hydrogen-based fuel cell specifically tailored for maritime use. The order from Seabulk perfectly illustrates this combination of short-term sales and long-term development,” said TECO 2030 ASA chief executive officer Tore Enger.
The diversification of ballast water treatment providers into new markets is one items on the agenda of Riviera’s Ballast Water Webinar Week from 4-6 November 2020. Sign up now to attend. Add to Calendar