The Ballast Water Management Convention

What is the Ballast Water Management Convention?

 The Ballast Water Management Convention or BWM Convention (full name International Convention for the Control and Management of Ships' Ballast Water and Sediments, 2004) is a treaty adopted by the International Maritime Organization (IMO) in order to help prevent the spread of potentially harmful aquatic organisms and pathogens in ships' ballast water.
 From 8 September 2017, ships must manage their ballast water so that aquatic organisms and pathogens are removed or rendered harmless before the ballast water is released into a new location. This will help prevent the spread of invasive species as well as potentially harmful pathogens. 
IMO is the United Nations specialized agency with responsibility for developing global standards for ship safety and security and for the protection of the marine environment and the atmosphere from any harmful impacts of shipping. 

Here you find the convention from the IMO:

But in a nutshell, the Ballast Water Management Convention ensures that all ships will need a ballast water treatment system by 2024. This is inevitable and will lead to a great rush for these systems. TECO 2030 last sold 8 of these systems to Dole in Q1/2021.