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Rising tide of ballast regulation could cost owners dear
More countries are ratifying the IMO ballast water convention than ever before. The dates for shipowners to have a solution onboard are looming, with too few taking action, Craig Eason reports
Craig Eason - Tuesday 9 February 2010
UNLESS more shipowners take the initiative to install ballast water systems now there is the risk that demand in a few years will be so high that prices will escalate. Even though there is no shortage of different systems becoming available, experts warn that owners risk being caught in a costly rush as the final deadline approaches because they ha...
