Bawat Water Technologies Secures Fleet Order for Ballast Water Management Systems
Hørsholm, Denmark, 28th June 2023 - Bawat Water Technologies, a leading provider of innovative ballast water treatment solutions, is pleased to announce the receipt of a fleet order for its Ballast Water Management System (BWMS) from a European customer. This order encompasses 10+ vessels and represents a value of approximately 10.5 million SEK. The magnitude of this order reaffirms Bawat's Order Intake guidance for 2023, set between 40-60 million SEK. The sales value from this order will be realized over the next 14-18 months.
Marcus Hummer, CEO of Bawat Water Technologies, expressed his enthusiasm regarding the order, stating, "Our new customer possesses readily available excess heat onboard their vessels, making the selection of a Bawat BWMS the natural choice. We are thrilled to provide our state-of-the-art green technology to meet our customer ballast water management needs."
For more information about Bawat Water Technologies, please contact:
Marcus P. Hummer, CEO
Email: mph@bawat.com
Certified Adviser:
Svensk Kapitalmarknadsgranskning AB
Email: 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 June 28th, 2023.
About Bawat
Bawat's BWMS is a revolutionary solution founded in 2011 built on a zero environmental impact and utilizes onboard waste heat to treat ballast water, avoiding the disposal of untreated water in seas and harbours. Bawat's approach requires no filters, chemicals, or UV treatment, making it simple, cost-effective, and sustainable. Bawat is also proud to be the first to market a USCG/IMO Type Approval BWMS that employs pasteurization in a one-pass process to treat ballast water.
Bawat Water Technologies offers a comprehensive range of ballast water solutions to the maritime industry, including Ship BWMS for Retrofit and New Builds, Mobile containerized solutions for multiple vessel usage in ports, ships, or rigs, and Ballast Water as a Service for planned and 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.