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BWTS Retrofit of Existing Vessels

BWTS(Ballast Water Treatment System)

About 10 billion tons of seawater is moved by ballast water every year

The movement of underwater organisms disturbs the marine ecosystem

In 2004 the International Maritime Organization (IMO) adopted the Ballast Water Management Convention.

All ocean-going ships are legally required to have a ballast water treatment system installed on-board

Expected to go into effect in 2016 (44 countries & tonnage 32.86% as of September 2015)

Countries around the world are developing BWMS (37 IMO-certified, Korea has the most: 13)

In 2019 the BWMS-related market is estimated to be worth KRW 40 trillion

Why is retrofit technology so important at BWTS Retrofit?

It is estimated 68,000 existing vessels around the world will be legally required to install BWMS.

A new industry is a prime target for establishing an early market dominance – what about competitiveness?

As demand is concentrated around the mandatory installation period, a bottleneck occurs.

Most demand comes from existing vessels – newly built ships have no installation problem

Existing vessels have several problems with BWMS retrofit.

BWMS technology is important, but the retrofit technology for existing ships will increase more competitiveness!

Problems of BWTS Retrofit in existing vessels

Demand for BWTS retrofit has seen an early and rapid increase in the market.

There is insufficient space in the engine room of existing vessels.

The difficulty of on board inspection due to the operation schedule of existing vessels

Inaccuracy of existing drawings

Shortage of installation and operation experts