Core Viewpoint - LiqTech International, Inc. has received supplier approval for its Water Treatment System (WTS) for WinGD 2-stroke dual-fuel engines, marking a significant step in advancing the decarbonization of marine transportation [1][4]. Company Overview - LiqTech International, Inc. is a clean technology company specializing in advanced filtration products and systems, particularly using silicon carbide (SiC) ceramic membranes for gas and liquid purification [6]. - The company holds a market share greater than 20% in the marine scrubber market, which includes hybrid and closed-loop systems [5]. Technology and Innovation - LiqTech's membrane technology allows for efficient filtration, enabling the reuse of 80-95% of feed water, which is crucial for sustainable shipping [3]. - The company's systems have been installed in over 170 marine water treatment systems worldwide, showcasing their extensive experience in the filtration industry [3]. Industry Context - The marine shipping industry is transitioning towards cleaner fuel applications, with a notable increase in new vessels equipped with dual-fuel engines that require reliable water treatment for exhaust gas recirculation (EGR) systems [4]. - Approximately 400 new vessels are on order with EGR solutions planned between 2024 and 2027, indicating a growing demand for effective water treatment solutions [4]. Strategic Partnerships - The approval from WinGD allows LiqTech to deliver its systems to WinGD, its licensees, and authorized service partners, enhancing collaboration in the marine engine sector [4].
LiqTech Receives Supplier Approval Water Treatment System for the WinGD Dual-Fuel Engine