Norwegian Greentech (NGT) is experiencing a huge sales growth for its ballast water treatment systems (BWTS), especially on the retrofit market.
From 8th of September this year, it became mandatory to install ballast cleaning systems on all ships fitted with ballast tanks.
Norwegian Greentech has developed a cleaning system that is particularly suitable for small and medium-sized vessels, including cruise ships.
Since its establishment in 2010, the company has built up its portfolio slowly. Much of this time was dedicated to product development, testing and type approval.
‘Our product is a perfect fit for small and medium-sized vessels. Our product has the smallest footprint and the lowest energy consumption on the market. In addition, having competitive prices makes customers choose us.
“We are very proud to report an increase in sales by almost 350% from 2018 to 2019. Patience in the development phase, incredibly talented employees, as well as a strong owner behind us, are important factors that helped us develop such a good product,” Børge Gjelseth, Sales and Marketing Director, explained.
There is a clear shift in the market today towards a focus on shipping companies securing fleet agreements with predictable prices.
Gjelseth pointed out that there are many competitors that have been fighting for several years for a limited market of new ships.
“The market for our product is changing rapidly and prices are rising now that the retrofit boom is underway. Norwegian Greentech has secured several fleet agreements lately. I would like to highlight one of these in particular, the agreement with Salén Ship Management based in Gothenburg, Sweden, that is specialised in small expedition cruises of high standard,” he said.
Roger Hansson, Salén’s Technical Inspector, added: “I have known Norwegian Greentech’s systems from an earlier position. They are robust and function well. We have considered several solutions, and we have chosen Norwegian BWMS in the end, due to their compact size and low power consumption. These are excellent for small expedition cruise ships.”