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OceanSaver Signs Major Contract With Hyundai


oceansaverOceanSaver has announced signing a major contract with Hyundai Heavy Industries in Korea for the delivery of two ballast water management (BWM) systems for Gungen, a leading Turkish owner and operator of high-spec Suezmax crude-oil tankers. Valued at NOK 25 million (EUR 3.15 million), the Gungen BWM agreement follows OceanSaver’s six VLCC BWM system deal.

The latter deal was signed with Shanghai Waigaoqiao Shipbuilding Company just four weeks ago. OceanSaver’s total order book is now up to NOK 200 million (EUR 25.2 million). The system is type approved by DNV on behalf of the Norwegian Flag State Authority. The system is also approved for installations in gas hazardous areas, a prerequisite for tanker applications. The OceanSaver BWMS has demonstrated compliance with the intentions of the IMO Performance Standard for Protective Coatings (PSPC).

The Gungen contract covers the supply of two 2,500 cu.m/h BWM systems to be located inside the Zone 0 area of the tanker pump room. Zone 0 represents the strictest gas hazardous class as gas or vapor may be present. Electrical equipment and cables installed in hazardous areas shall be limited to that necessary for operational purposes and all installations in hazardous areas shall comply with the requirements of DNV. “OceanSaver’s unique design features an ‘Approval in Principle’ for gas hazardous areas – issued by DNV – which is incorporated into the Type Approval. OceanSaver is a fully approved solution without any limitation to ships with gas hazardous areas”, said Stein Foss, CEO of OceanSaver.

The Gungen contract is a comprehensive package including engineering and the support from specialist equipment advisors and environmental specialists in addition to the system itself. “Whatever the size and complexity of BWM system solution, our goal is “fit for purpose” and seamless integration of production processes and management systems. We are extremely happy with major BWM system contracts, like Gungen, which once again enhances our reputation as a  trusted BWM technology advisor”, says Foss.