In 2022, Prepare for the saturated BWTS market!  

We have confirmed that the installation of BWTS is concentrated in 2022.

In accordance with the BWM Convention, up to 8 September 2024, For existing ships are required to install a Ballast Water Treatment System.

ClassNK said 7,220 vessels to be required to install BWTS out of 9,159 ships registered with ClassNK as of the end of November 2020.

Among these, 3,982 ships have completed the installation, leaving 3,238 ships that still require attention. Although the number of ships without BWTS has decreased by 1,280 

since August 2019, the installation deadline for these ships remains largely concentrated in 2022.

We expect the BWTS market to be saturated in 2022, because of the tight construction schedules.
The shipping companies will have to consider the schedule for install the BWTS in advance to secure their slot in dry dock.

In addition, the price spread between HFO and VLSFO is being widen so many shipowners will consider scrubber as well as BWTS.
Therefore we can say that the best choice for shipowner to comply environmetal regulation is Panasia' BWTS and Scrubber.