Perspectives

Sole purpose of owning and operating a vessel is to generate revenue through carriage of cargo. Therefore, primary concern for any ship operator or ship owner is to safeguard their vessel’s cargo from the elements of nature.

Ratification of long due Ballast Water Convention has shaken up the shipping industry. Many owners are chalking out their strategy to comply with the new requirements. However, if we look up at the whole BWTS retrofit in it’s entirety, it’s actually installation of an interconnected set of equipment.

Infrastructure and industry are always catching up with each other. Whether one should build up the infrastructure and wait for the industry to catch up or expand the industry and hope that infrastructure will play along is a million dollar question.