LOS ANGELES, CA -- (Marketwire) -- 09/28/11 -- N.E.I. Treatment Systems announced today that the Netherlands has issued a Type Approval Certificate for the Company's Venturi Oxygen Stripping (VOS) Ballast Water Treatment System (BWTS) with a Treatment Rated Capacity (TRC) of 6,500 cubic meters per hour (m3/hr). The Netherlands is N.E.I.'s fifth Type Approval Certificate, adding to Certificates previously received from Panama, Malta, Marshall Islands, and Liberia.
The Netherlands Type Approval was issued in July 2011 following the successful shipboard installation and commissioning of high-capacity VOS BWT systems aboard large Bulk Carriers and Tanker vessels. The first vessel was one of six 118,000 DWT Mini-Cape Bulkers built at Dayang shipyard for Hartmann-Reederie, outfitted with a VOS 4,400 m3/hr BWTS. The second was one of four VLCCs built at HSHI for Samco Shipholding, outfitted with a VOS 6,350 m3/hr BWTS. These vessels represent the highest capacity BWT systems installed and operating to date anywhere in the world. Based upon achievement of this key milestone, Marshall Islands and Liberia separately and independently reviewed the high-capacity treatment results of the N.E.I. VOS BWTS and subsequently issued upgraded Type Approval Certificates -- both with a TRC of 6,500 m3/hr -- in August 2011 and September 2011, respectively.
N.E.I. CEO Jon Slangerup commented: 'We were the first company to receive BWTS Type Approval in July 2007, and we continue to receive third-party validation of our patented VOS System as we expand our install base of tankers, bulk carriers and container vessels. These latest Type Approval Certificates continue the track record of proven performance and scalability of our VOS technology. Any questions that the shipping industry may have had about the availability of a BWTS to handle high-capacity ballast requirements of large vessels have now been answered with the proven results of our VOS System.'
About N.E.I. Treatment Systems
N.E.I. is a privately held Company headquartered in Los Angeles, California and has been in business since 1997. 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, sales and services 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. In addition to having the exclusive rights to build and sell the VOS System within the Japanese and Korean markets, respectively, both Mitsubishi and Samgong manufacture VOS Systems sold by N.E.I. to its global customers, thereby providing the Company with an ability to extensively scale its operations and respond to customer requirements. For more information, please visit N.E.I. at www.nei-marine.com.
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