ShippingWatch

Carriers: Uncertain bln-dollar ballast water market

IMO will have to review the requirements for ballast water, before shipowners invest up to USD 60 billion in ballast water treatment systems, says the container association World Shipping Council.

Wärtsiläs system til rensning af ballastvand Photo: Wärtsilä

The global association of the world's largest container carriers, World Shipping Council, is now lashing out at the IMO and the work to ratify the ballast water conventions.

The criticism, as reported by analyst agency Drewry, is based on the fact that there are still significant insecurities in relation to which requirements will come into force and when. This could potentially mean that shipowners could install technology for cleaning ballast water on their ships that will later become outdated. The basic concern is whether there will be differences between the American requirements for cleaning ballast water and the global requirements, which are yet to be enacted by the IMO.

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