Trojan Technologies has been investing in and committed to the ballast water treatment market since 2008. Unfortunately, due to regulatory delays and increasingly challenging market dynamics, our initial assessment of the opportunity has not been realized.
Based on these factors, Trojan has made the extremely difficult decision to exit the ballast water treatment market and will begin winding down related activity over the next couple of months.
We are fully committed to our channel partners as they continue to service and support vessels with Trojan Marinex Ballast Water Treatment (BWT) system installations. We will also honor and fulfill all existing customer commitments by completing the design, manufacture, and supply of Trojan Marinex BWT systems currently on order.