Recent press releases

I-Tech AB (publ) (ticker: ITECH) publish the interim report for the third quarter 2020


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Selektope ® to protect new Mercy Ships hospital ship

Gothenburg, October 6, 2020: I-Tech AB’s barnacle repelling biotechnology for marine coatings, Selektope® has been selected to protect the hull of Global Mercy, the newest hospital ship being built for Mercy Ships, from barnacle fouling while docked for long periods of time at ports located in biofouling red zones off the coast of sub-Saharan Africa.

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Deliveries according to previously communicated order delayed due to COVID-19

Deliveries for the MSEK 57 order to Chugoku Marine Paints communicated by I-Tech in August last year, has been partly delayed due to the current pandemic. The delay will negatively impact I-Tech’s sales for 2020 by approximately MSEK 12.  

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I-Tech AB (publ) (ticker: ITECH) publish the interim report for the second quarter 2020

Summary of the period

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I-Tech Social Media Hub

Follow Selektope on Twitter

#Barnacle #biofouling greatly increases the amount of frictional resistance across a ship’s hull, increasing fuel costs. #Selektope prevents this type of highly impactful fouling, preventing barnacle larvae from attaching to the hull surface.

Good news for #shipping and the environment. After being left out of the Paris climate treaty, @IMOHQ has agreed that the shipping industry will align with the targets set by the climate deal. A huge step in the right direction towards #decarbonisation.

Data from @SafinahLtd suggests 50% of ships return to drydock with > 20% fouling coverage on the hull. As 10% barnacle coverage on the hull requires +36% shaft power to maintain speeds, tackling #biofouling is key to reducing costs + lowering #emissions

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