Bawat – increases the collaboration with Damen Shipyards Group
Bawat and Damen Green Solutions increases their collaboration by establishing a joint venture merging Damens InvaSave program with Bawat technology. The new Joint venture will focus on the construction and marketing of mobile, containerized systems.
This agreement comes on top of BAWAT already having an collaboration with Damen to market the ship solutions.
As stated in the announcement due to tight regulation deadlines for installing ballast water systems, is expected that mobile containerized system on port will have to cover some of that market. This is what this new joint venture aims at targeting.
There is no details of financial goals or whether Damen will finance some of the systems ore only market it to customers who will deploy it as Ballast treatment as a service
With systems costing up to SEK 6-8m. substantially more than ship solutions, that type of systems has a
HC Andersen Capital modtager betaling fra Bawat for en Digital IR/Corporate Visibility abonnementsaftale./Michael Friis Jørgensen kl. 12:40 d. 04-04-2023.
Bawat Water Technologies
Bawat Water Technologies operates in the maritime and industrial sectors. The company provides heat-based BWMS systems used for ballast water treatment. The system is suitable for ship solutions on board and for container facilities. Today, the company operates on a global level with the largest presence in the Nordic region and Europe. Bawat Water Technologies was founded in 2011 and is headquartered in Stockholm.
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