BALLAST WATER: MEPC 81 STRUGGLES TO DELIVER CLARITY
Several years ago, it was thought the ballast water management (BWM) market would experience a boom, rewarding the cutthroat behaviour of many OEMs with a massive influx of orders and a winner-takes-all profit outcome. But as it stands, the boom has appeared more a protracted trickle, and the regulation surrounding the issue is still in flux. As of the conclusion of MEPC81 in March, a number of important questions had still not been settled.