Havyard acquires full ownership of MMC Green Technology

The deal occurs against the backdrop of a rush to install BWMS solutions, with both shipyards and naval architects looking to bring solutions in house to be able to offer whole packages to its customers. Some observers have been waiting for a wave of consolidation to sweep the crowded ballast water treatment market to bring balance to the market.

Havyard has recently been one of these companies to do this with the acquisition of MMC Green Technologies. “Havyard Group ASA is the largest shareholder. The company was established in 2010 and has largely focused on R&D activities and the process of achieving IMO / DNV type approval for the MMC BWMS”, explains Håvard Gjelseth, MMC Green Technology.

MMC Green Technology is a Norwegian manufacturer of Ballast Water Treatment Systems based on filter and UV technology, branded as MMC BWMS. The system utilises filtration technology to remove particles and UV at medium pressure to treat the water for organisms. MMC Green Technology achieved IMO type approval in December 2012 and USCG AMS approval in September 2013.

Commercial activity of the BWMS started early in 2013 with the majority of references coming from the Scandinavian offshore segment. “MMC Green Technology is continuously expanding the international sales and marketing network through agent cooperation worldwide”, added Gjelseth, “We are continuing to pursue type approval processes for both USCG type approval and renewed IMO type approval.”

With efficient power consumption and low operational costs, combined with easy operation and easy maintenance, the product is a “perfect fit for retrofit,” Gjelseth comments.