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BLRT Grupp signed cooperation agreement with South Korean company Panasia

BLRT Grupp signed a cooperation agreement with the South Korean company Panasia, according to which customers of the European market will be provided with a full set of services regarding installation of scrubbers - equipment for cleaning exhaust gases from sulphur oxides - on ships.

“Increasing rigor of environmental requirements for maritime transport, established by the International Maritime Organization (IMO), introduces radical changes in activities of shipping and bunkering companies. BLRT Grupp and Panasia jointly will help ship-owners to reduce environmental impact," says Veronika Ivanovskaja, Chairman of the Board of BLRT Grupp.

Successful cooperation with Panasia continues already more than seven years. Earlier an agreement was signed, according to which in a course of modernization the ballast water purification systems with the technological solution of GloEn-PatrolТМ of Panasia company are installed on ships. In addition, testing equipment is placed on the territory of BLRT Grupp in Tallinn, providing a possibility to train personnel how to apply this equipment when installing it on ships, as well as to demonstrate capabilities of technological solution of GloEn-PatrolТМ to the customers.

“The new agreement is a next step in realization of our common plans to expand partnership relations: shipyards of the Group in Tallinn, Klaipeda and Turku applying PANASIA PaSOxTM technology can prepare a project for equipment installation, as well as to manufacture and install systems for purification of exhaust gases," explains Veronika Ivanovskaja.

According to the International Convention for the Prevention of Pollution from Ships, adopted by the International Maritime Organization (IMO), from 1 january 2020, the limit for sulphur in fuel oil used on board ships will be reduced to 0.50% m/m (mass by mass).

Ship repair yards of BLRT Grupp successfully implement the projects regarding scrubbers installation on ships. So at the beginning of this year BLRT Grupp starts an outfit of six vessels of the Dutch shipping company Spliethoff's Bevrachtingskantoor, founded in 1921, which fleet consists of about 50 modern multifunctional vessels with a deadweight of 12,000 to 23,000 tons, with equipment for cleaning exhaust gases from sulphur oxides.