Bawat Receives Order for Two Mobile BWMS Units to Its BaaS Business
Hørsholm, Denmark, December 20th, 2023 – Bawat proudly announces the successful sale of two mobile Ballast Water Management System (BWMS) units in the United States to its innovative Bawat BaaS platform.
As a pioneering force in sustainable ballast water treatment technology and services, Bawat continues to demonstrate its commitment to providing efficient solutions that meet industry demands.
Marcus Hummer, CEO of Bawat said: "We are delighted that our service solution, Bawat BaaS, has once again proven its immense value. Our focus on contingency planning and facilitating facility services aligns perfectly with the industry's needs in the US."
Bawat's dedication to delivering reliable, adaptable services underscores its position as a frontrunner in the field of ballast water treatment solutions. This successful deployment of the Bawat BaaS service solution further solidifies the company's presence and effectiveness in the US market.
With above mentioned order Bawat confirms its latest guidance for the full year order intake to be SEK 40-50 mill. The order is expected to be delivered through newly established joint venture with Damen Green Solutions.
For inquiries or further information about Bawat's innovative services, please contact:
Marcus P. Hummer, CEO, E-mail: mph@BAWAT.com
Certified Adviser
Svensk Kapitalmarknadsgranskning AB
ca@skmg.se
This press release constitutes inside information that Bawat Water Technologies AB is obliged to make public pursuant to the EU Market Abuse Regulation 596/2014. The information was sent for publication, through the agency of the contact persons set out above, at the time stated by the Company's news distributor, Cision, at the publication of this press release on December 20th, 2023.
For further information about Bawat Water Technologies AB, please contact above.
About Bawat
The development of an entirely new approach to ballast water treatment utilizing onboard waste heat to treat ballast water led to the founding of Bawat in 2011. A ballast water treatment system avoids disposal of untreated water in seas and harbors.
Bawat’s BWMS is a system that is simple, cost-effective, and sustainable, build on a zero environmental impact, using standard marine components. No filters, no chemicals no UV. Bawat is the first to market a USCG/IMO Type Approval BWMS that uses pasteurization to treat ballast water in a one-pass process.
Bawat has built upon its innovative breakthrough and offers ballast water solutions to the maritime industry in three categories:
- Ship BWMS for Retrofit and New Builds
- Mobile containerized solution for multiple vessel usage in a port, on a ship or for rigs
- Ballast Water as a Service for contingency services in ports
Bawat is an engineer-driven company that is rooted in the tradition of Danish maritime innovation and with a deep maritime insight: www.bawat.com.