BLOODY RED SHRIMP AND CAPITOL HILL LOBBYISTS – not a good match

BLOODY RED SHRIMP AND CAPITOL HILL LOBBYISTS – not a good match

  The discovery of bloody red shrimp found in the Twin Ports Harbor (February 2018), is raising fears that the light-hating, zooplankton-eating species have found their way to Lake Superior. The fear is that they will compete with small native fish in the food chain that eat the same algae and plankton. Bloody red shrimp were […]

90% OF GLOBAL SHIPS DO NOT COMPLY

90% OF GLOBAL SHIPS DO NOT COMPLY

Only 7.1% of the global fleet has been fitted with ballast water management systems (BWMS), according to data presented by Clarkson Research Services managing director Stephen Gordon at the 12th Annual Maritime HR Conference (May 24, 2018). The low level of take-up of BWMS could be due, in part, to delays in the all-important approvals […]

FAST TRACK BWTS TO MEET MARKET DEMAND

FAST TRACK BWTS TO MEET MARKET DEMAND

Shipping companies operate in extremely competitive, margin sensitive markets and cash flow control is key to success. When new regulations are introduced, management focus is on balancing income potential, investments and compliance. Sometimes, it becomes necessary to change priorities and anticipate planned installations of e.g. ballast water treatment to take advantage of unexpected opportunities in […]

BALLAST PRICE WAR ON THE HORIZON

BALLAST PRICE WAR ON THE HORIZON

“Any manufacturer trying to sell its system at a premium will quickly be undercut,” reports shipping’s leading technical magazine, THE MOTORSHIP. Downward cost pressure from owners means many companies will not make much profit on the sales of their systems, which are likely to cost between €100,000 and €700,000, excluding planning, engineering and installation. Today’s […]

ACCELERATING SALES AND REVENUES IN 2018

ACCELERATING SALES AND REVENUES IN 2018

OPTIMARIN accelerates into 2018 with a surge of new business and a solid bottom line Shattering initial growth forecasts, reports leading maritime news channel ShipInsight The Norwegian headquartered firm has sold close to 600 of its USCG-approved Optimarin Ballast Systems (OBS), has shattered its initial growth forecasts for the year to date, with both orders […]