It is predicted that global shipowners are facing over $18 billion in costs to meet the new ballast water treatment legislation, reported The Times.
The new rules were set out by the International Maritime Organisation (IMO) in September, 2016 and they aim to limit exposure of waterways to foreign and potentially damaging marine species.
The rules apply to cargo ships that weigh at least 400 tonnes, and the new filter kits that shipowners will be required to use cost approximately $600,000
Maersk Tankers A/S of Denmark declared in Q2, 2016,that they had selected Wärtsilä's Electro Chlorination (EC) Ballast Water Management System (BWMS) to bring for three new 50,000 DWT medium range (MR) tankers up to regulations.
KVH Company Videotel recently announced a revised ballast water management (BWM) training package to be available immediately, which aims to help shipping to comply with the upcoming maritime regulations set down by the IMO.