ShippingWatch

Desmi positioning itself for ballast water breakthrough

2015 will be another year with low activity for ballast water, says Desmi Ocean Guard which is positioning itself for a ratification."Carrier's are holding off on investments until there is full clarification," CEO Rasmus Folsø tells ShippingWatch.

Photo: Pressefoto

Companies that have bet millions on developing ballast water treatment systems have had to arm themselves with a lot of patience in a market where things have failed to develop as quickly as originally anticipated. In fact, the market has yet to start, which means that the top priority for companies is to position themselves as well as possible ahead of the convention's likely ratification this year.

And that is exactly what Danish Desmi Ocean Guard is trying to do, CEO Rasmus Folsø tells ShippingWatch after publication of the company's annual report 2014, which contains a significantly bigger deficit than in recent years, at USD 3.7 million.

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