ViganPort of South LouisianaTBA GroupTOC EventsCimbriaThe Wolfson Centre for Bulk Solids Handling Technology
  • Port of Stockton
  • Vigan
  • Cleveland Cascades Ltd
  • TOC Events
  • Sailors Society
  • Bühler GmbH

BIO-UV Group revenue hike

BIO-UV Group revenue hike

(Posted on 09/11/18)

Sales of the BIO-SEA ballast water treatment system have contributed to an increase in third quarter revenue for France-based BIO-UV Group. The Group reported a Q3 2018 revenue of €3.4m, an increase of 30% on the same period last year.

“The expanding ballast water market is the main driver underpinning growth, and one that is expected to continue over coming months,” said Benoît Gillmann, President and CEO, BIO-UV Group.

“We are currently experiencing a ramp-up in order intake following our USCG certification and anticipate BIO-UV Group total revenue growth in 2018 of at least 15%, driven in particular by a sharp acceleration of the ballast water treatment market, which should secure growth of at least 60% over the full year.”

To date, BIO-UV Group has supplied its BIO-SEA Ballast Water Treatment System to more than one hundred vessels worldwide, with more orders in progress. Owners operating the UV-based BIO-SEA includes Maersk Lines, MSC Cruises, CMA CGM and Louis Dreyfus Armateurs.

A strategy to increase its global footprint has also contributed to revenue growth. International expansion, which accounted for 50% of the Group’s revenue in 2017, saw the company establish a network of sales and distribution agents in more than 65 countries, with focus on key geographical areas in the Asia-Pacific region.

This year, the Group opened a subsidiary in Hong Kong to oversee future sales growth and ramp-up manufacturing in the region: BIO-UV Asia.

BIO-UV Group’s current orderbook is valued at €6.4m. Beyond 2018, the company reiterates its ambitions for 2022 to achieve revenue of around €40m.

Across all the available technologies, eleven ballast water treatment systems have received IMO and USCG approval.

BIO-UV Group is one of only three manufacturers of UV-based BWTS to have obtained approvals from both the International Maritime Organisation and the US Coast Guard.

Latest News

KVH’s new enterprise-grade cybersecurity and email for mariners

(Posted on 23/01/23)

KVH Managed Firewall and Cloud Email value-added services available to commercial fleets to enhance... Read more


NAVTOR commits to collaborative future with SMN

(Posted on 23/01/23)

NAVTOR has been announced as the latest industry leader to join the Smart Maritime Network (SMN).The... Read more


Ocra AI joins One Sea as association continues to grow

(Posted on 16/01/23)

One Sea has welcomed intelligent navigation solutions provider, Orca AI, as the newest member of the... Read more


Elcome brings Starlink internet services to maritime industries

(Posted on 10/01/23)

Elcome International, a leading provider of maritime systems and integration solutions, is providing... Read more


Thordon Bearings appoints CPE as North East USA distributors

(Posted on 10/01/23)

Corrosion Products & Equipment (CPE), a specialist engineering firm based in Rochester, New York... Read more


Siwertell ship unloader ordered for US cement imports

(Posted on 04/01/23)

Bruks Siwertell has secured a new Siwertell ship unloader contract from cement and ready-mix concrete... Read more


New skirting system controls conveyor dust emissions

(Posted on 23/12/22)

Superior Industries, Inc., a US-based manufacturer and global supplier of bulk material processing and... Read more


Siwertell technology ordered for enclosed cement handling in Adelaide

(Posted on 23/12/22)

Bruks Siwertell has received an order from Hallet Capital Pty Ltd for a Siwertell ship unloader. It... Read more


Korean innovator brought into autonomous technology alliance

(Posted on 20/12/22)

One Sea has welcomed South Korea’s Avikus as its latest member, consolidating its position as... Read more


Cargotec CEO Vehviläinen to retire in 2023

(Posted on 20/12/22)

Cargotec CEO Mika Vehviläinen has informed Cargotec’s Board of Directors of his intention... Read more


TelestackVan AalstPort of StocktonSailors SocietyBühler GmbHCleveland Cascades Ltd
  • Telestack
  • Cimbria
  • TBA Group

Subscribe to our newsletter

Keep up to date with the latest global news in bulk cargo handling and shipping