Thu 9 Oct 2008 16:25

Kittiwake buys majority stake in Krystallon


UK-firm acquires majority shareholding in sea water scrubbing specialst.



UK-based Kittiwake Developments Ltd. has anounced that it has acquired BP Marine's majority stake in Krystallon Ltd.

BP and Kittiwake set up Krystallon as a joint venture company in 2006 to develop innovative sea water scrubbing technology in order to reduce the environmental impact of ships emissions to air by removing sulphur and particulates.

The company has worked with customers in the marine industry in order to test the technology, which in turn has lead to the Krystallon raising its industry profile and achieving environmental awards. In 2007, the company received the Seatrade 'Protection of the Marine and Atmospheric Environment' Award and was the winner of the Seatrade Insider 'Environmental Initiative' award in the same year.

In a company statement, Kittiwake said "The next step for Krystallon is to build a robust, scalable fabrication and installation capability to manufacture and install sea water scrubbers to both new and existing ships to meet growing customer demand.

"Given BP's clear direction to focus on its core business of refining, trading, and selling fuels, it is appropriate that Kittiwake should now lead the next phase of Krystallon's evolution."

Commenting on the acquisition, Chris Leigh-Jones, Managing Director of Krystallon, said: “We are at the next phase of Krystallon’s development, which will see the company create a platform from which to market and distribute scrubber technology on a global basis.

"This agreement signals the start of that phase and will see us working with partners that have core skills in marine installation and fabrication.

"On behalf of Krystallon, I would like to thank BP Marine Fuels for their role in our development over the past three years, their knowledge and environmental credentials have been vital in securing the progress we have achieved to date.”

Rita Griffin, CEO of BP Marine Fuels, said: “BP Marine Fuels has provided financial and intellectual support to the development of Krystallon and seawater scrubbing technology over the past three years; helping develop this technology to becoming a viable option for ship-owners as they face new emissions reductions targets. BP Marine is proud to have contributed to the development of Krystallon, and we wish the company well for the future.”


Marius Kairys, CEO of Elenger Sp. z o.o. Elenger enters Polish LNG bunkering market with ferry refuelling operation  

Baltic energy firm completes maiden truck-to-ship LNG delivery in Gdansk.

Samsung Heavy Industries (SHI) virtual reality (VR) training program developed in collaboration with Evergreen. SHI develops VR training solutions for Evergreen's methanol-fuelled ships  

Shipbuilder creates virtual reality program for 16,500 TEU boxship operations.

Illustratic image of Itochu's newbuild ammonia bunkering vessel, scheduled for delivery in September 2027. Itochu orders 5,000 cbm ammonia bunker vessel  

Japanese firm targets Singapore demonstration after October 2027, with Zeta Bunkering lined up to perform deliveries.

Bunkering of the Glovis Selene car carrier. Shell completes first LNG bunkering operation with Hyundai Glovis in Singapore  

Energy major supplies fuel to South Korean logistics firm's dual-fuel vessel.

Orient Overseas Container Line (OOCL) vessel. CPN delivers first B30 marine gasoil to OOCL in Hong Kong  

Chimbusco Pan Nation claims to be first in region to supply all grades of ISCC-EU certified marine biofuel.

The Buffalo 404 barge, owned by Buffalo Marine Service Inc., performing a bunker delivery. TFG Marine installs first ISO-certified mass flow meter on US Gulf bunker barge  

Installation marks expansion of company's digitalisation programme across global fleet.

Sogestran's fuel supply vessel, the Anatife, at the port of Belle-Île-en-Mer. Sogestran's HVO-powered tanker achieves 78% CO2 reduction on French island fuel runs  

Small tanker Anatife saves fuel while supplying Belle-Île and Île d'Yeu.

Crowley 1,400 TEU LNG-powered containership, Tiscapa. Crowley deploys LNG-powered boxship Tiscapa for Caribbean and Central American routes  

Vessel is the third in company's Avance Class fleet to enter service.

The inland LNG bunker vessel LNG London. LNG London completes 1,000 bunkering operations in Rotterdam and Antwerp  

Delivery vessel reaches milestone after five years of operations across ARA hub.

The M.V. COSCO Shipping Yangpu, China's first methanol dual-fuel containership. COSCO vessel completes maiden green methanol bunkering at Yangpu  

China's first methanol dual-fuel containership refuels with green methanol derived from urban waste.


↑  Back to Top