.. subcription
    .. rss channels
    .. press releases
    .. contacts


            december 09, 2019

.. in english  .. по-русски  .. latviski    

LKW Walter

SIL 2020


  .. sitemap ..


  .. publications ..


  .. news ..


  .. advertisement ..





LKW Walter Rus
VIA LATVIA
LKW Walter
 
  .. partners ..

Indiaexportnews.com

Global ballast water treatment market to grow

  20.06.2019    

The ballast water treatment (BWT) market is expected to show substantial growth over the coming years mainly due to government mandates.
In particular, the ratification of International Maritime Organisation's International Convention for the Control and Management of Ship's Ballast Water and Sediments has mandated ships to be installed with ballast water treatment system and ballast water management plan to maintain marine ecological balance, reports London-based Market Reporter.
Ballast water treatment involves treatment of ballast water before it is discharged out of the ship at the port or in the sea. This is to reduce the harmful effects of aquatic marine organisms on the marine environment that happens at the time of ballistic operations of a ship.
Apart from IMO mandate, port state authorities around the world have implemented their own requisites that apply on ships for carrying out ballasting and de-ballasting operations in their terrestrial water.
The increasing volume of marine trade is also a major factor boosting the BWT market. This is because marine trade is economical as compared to trade via air cargo. The increasing healthcare concerns in the shipping industry is also leading to the installation of BWT systems in ships.
This is because invasion of the ship's ballast by aquatic species carries the risk of germs entering into the main vessel, which is one of the major problems faced by the shipping industry.
The growth of the BWT market is restrained by issues pertaining to storage of disinfected by-products that are generated after water treatment. The continuously evolving government rules and regulations regarding BWT mandates is also challenging the market's growth. Nevertheless, the implementation of new conventions in favour of installation of BWT systems will benefit the growth of BWT market.
Asia Pacific stood as one of the leading markets for BWT in the recent past. The region has some prominent ports and harbours for the trade of commodities such as oil and chemicals, automotive components, electronic components and devices that contribute to the growth of shipping and ancillary industries.



.. search ..