The coronavirus could ultimately end up as an advantage, says the CEO of ballast water system manufacturer Bawat. It delays the market, which the supplier was late to enter. Another supplier has yet to feel the impact of the virus.
With fresh capital from USTC-owner Torben Østergaard-Nielsen and former Torm CEO Klaus Kjærulff, among others, Danish supplier Bawat is ready to take the next step. "Now we're going to make money," says newly appointed CEO to ShippingWatch.