ShippingWatch

Alfa Laval projects even bigger market for ballast water systems

Alfa Laval's Marine Division increases its expectations for the market for ballast water management systems by almost 30 percent over the next eight years, says the company at its capital markets day Tuesday.

Photo: Ovako Group

They may have had to wait for it a long time, and perhaps they saw the market pushed back a couple of years. But Alfa Laval's faith in the sale of ballast water management systems is now so strong that the Swedish manufacturer upgrades its expectations for the combined market in the next eight years, according to an investor presentation held Tuesday in Copenhagen.

"For ballast water treatment, the market potential is upped to approximately EUR 9 billion from the previously expected EUR 7 billion over the period 2018-2026," says the company in a press release.

Read the whole article

Get 14 days free access.
No credit card required.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Argentine port workers strike for access to Covid-19 vaccines

Nine unions representing Argentine port workers have announced a 24-hour strike in protest against the lack of access to coronavirus vaccines. The strike takes place amidst a new coronavirus outbreak in the country, which is a major dry bulk exporter.

Tradelens hopeful that major Maersk rivals will join soon

Hapag-Lloyd and ONE continues to be absent on the digital platform Tradelens even though they announced they would join two years ago. "We are hopeful that they will be joining very soon," says Head of Tradelens Mike White. Hapag-Lloyd expects to make a decision soon.

Further reading

Related articles

Latest news

See all jobs