Techcross has been contracted to provide the ballast water treatment system for South Korea’s largest semi-submersible heavy transport vessel. The vessel, owned by Megaline, will require eight sets of Techcross’ ECS-series BWTSs
The acquisitive South Korean marine equipment supplier Techcross began 2020 by agreeing its largest ECS ballast water treatment system installation contract to date. This contract designates Techcross ECS as the BWMS that will be installed on South Korea’s largest semi-submersible heavy transport vessel owned by Megaline, a major South Korean heavy cargo freight company.
The contract was signed at a signing ceremony at the client’s office in Seoul on 28 February.
The 41,000-dwt vessel will require eight Techcross ECS sets of 3,000 tonnes capacity. Six sets of the Techcross ECS 3000 model will be installed simultaneously to conduct ballasting and de-ballasting.
A sales official at Techcross said the deciding factor in this contract was the company’s extensive experience installing BWMS products in large ships, including the world’s first installation of BWMS on board a VLCC.
Techcross has also won contracts for approximately 50 vessels as of February 2020, including a contract signed in 2019 for 25 vessels with a British shipping company. Techcross’ plans to install BWMS in 10 ships on a rolling basis throughout 2020.
Techcross also has a contract with another British shipping company for seven vessels whose ballast pump capacities range from 900 tonnes to 3,000 tonnes, with more contracts expected to follow. In addition, Techcross is processing contracts including advance payment contracts for 16 ships owned by a Greek shipowner and 20 LNG gas carriers owned by a Russian shipper.
Techcross has won US$42M in ballast water treatment system sales in the first two months of 2020 and is on target to achieve sales of approximately US$290M for the whole of 2020.
The Techcross Electro-Cleen BWMS model was granted USCG type-approval in June 2018 and type-approval for the new ECS-HYCHLOR model is pending and expected in the first half of 2020.
Ballast water treatment does not stop with compliance. Industry’s stakeholders discuss the issues in the Ballast Water Treatment Beyond Compliance webinar, which is now available to view.