Ecochlor, Inc. (Ecochlor) is proud to announce that a contract for 55 Ecochlor Ballast Water Treatment Systems (BWTS) has been signed with Scorpio Tankers Inc. (Scorpio Tankers) for retrofit on their product carriers. Scorpio Tankers will also become a minority investor in Ecochlor. MID-SHIP Capital advised Ecochlor on the transaction.
Scorpio Tankers is a leading international provider in the transportation of refined petroleum products. The product carriers that will be retrofit with the Ecochlor System range between 38,000 to over 100,000 DWT. Installations are expected to begin in Q4 of this year and continue to the end of 2022.
Emanuele Lauro, Chairman & CEO of Scorpio Tankers said, “We are delighted to be working with Ecochlor, given their best-in-class technology. Reliability and quality were primary considerations for us, given our commitment to safeguard the environment and complying with the complex regulatory guidelines for ballast water treatment.”
“We are honored to have been selected by Scorpio Tankers as their BWTS compliance partner and welcome Scorpio Tankers as a shareholder in our company,” said Steve Candito, CEO, Ecochlor. Scorpio Tankers has a reputation of being a leading owner and operator in the tanker industry. Their commitment to excellence along with the superior efficacy of our treatment system and lifetime commitment to servicing their vessels will guarantee compliance for their fleet worldwide.”