LOS ANGELES, CA -- (Marketwire) -- 08/31/11 -- N.E.I. Treatment Systems announced today the receipt of its first order from Bohai Shipbuilding Heavy Industry for two Venturi Oxygen Stripping (VOS) Ballast Water Treatment Systems (BWTS) to be installed aboard two 320,000 DWT VLCCs being built for Sovcomflot. Bohai is a subsidiary of the China Shipbuilding Industry Corporation (CSIC), one of the largest shipbuilders in China, and Sovcomflot is the largest commercial shipping group in Russia.
The two 6,300 m3/hr VOS Systems for the Bohai/Sovcomflot VLCCs will be delivered in the first and second quarters of 2012, representing the largest BWTS ordered to date by Bohai. The new order follows the successful commissioning in July of a 6,350 m3/hr VOS System on the first of four VLCCs built in Korea, as well as the successful commissioning in August of a 4,400 m3/hr VOS System on one of six 118,000 DWT Bulker Carriers built in China.
Commenting on the Bohai/Sovcomflot order, N.E.I. CEO Jon Slangerup said: 'This new order is the latest in a series of key milestones for N.E.I. as we continue to advance our position in the expanding market for Ballast Water Treatment Systems. Bohai and Sovcomflot have made a strategic decision to install the VOS System to ensure BWTS compliance in advance of pending ballast water discharge regulations. The VOS System is certified and operationally proven to be the world's highest capacity BWTS, making it the ideal choice for our customers' VLCCs and large Bulk Carriers currently under construction in China, Korea and Japan.'
N.E.I. Treatment Systems -- a private company in business since 2002, N.E.I. is headquartered in Los Angeles, California. The Company is a pioneer and market leader in the rapidly growing Ballast Water Treatment System (BWTS) industry. N.E.I. manufactures, sells, distributes and services its patented Venturi Oxygen Stripping (VOS) BWTS solutions through an extensive global network of licensee, manufacturing, sales and service partnerships in fifteen countries around the world. N.E.I. has licensed its proprietary technology to strategic partners Mitsubishi Kakoki Kaisha, Ltd. of Japan and Samgong Co., Ltd. of Korea. Visit www.nei-marine.com.
SCF Group of Companies -- one of the world's leading shipping companies, specializing in crude oil, petroleum products and liquefied gas transportation. The fleet includes 157 vessels with a total deadweight of 11.8 million tons. The Company is registered in St. Petersburg with offices in Moscow, Novorossiysk, Murmansk, Vladivostok, London, Limassol, Madrid and Singapore. The Group offers a wide range of vessels and a powerful grouping of vessels in the market segments most demanded by major Russian oil and gas companies. With its own technical department and unique approach to advanced technologies, SCF has the ability to meet the most demanding customer requirements, providing effective transportation for oil and gas companies. Visit www.scf-group.ru.
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