MSC is expanding its fleet with “greener” container ships (Source: MSC)

Silverstream clinches largest order yet for air lubrication systems

UK-based Silverstream Technologies has won a contract to supply more than 30 Silverstream® systems on new container ships under construction for Mediterranean Shipping Company (MSC).

MSC expects that the installations will save more than USD 300 million in fuel costs and facilitate emission reductions of 1.6 million tonnes over the ships’ operating lives. The vessels are mostly being built in Chinese shipyards and are due for delivery between 2022 and 2024.

Giuseppe Cargiulou, head of Newbuildings at MSC, said: “As part of our significant efforts to further improve our environmental performance, we are continuously on the lookout for new innovative solutions that could help us achieve efficiency gains. With the right hull design and the substantial reduction in carbon emissions that the Silverstream System can offer, we’ve found the perfect match to fit our fleet with an effective efficiency solution, and move us closer to a zero carbon future.”

Noah Silberschmidt, Silverstream founder and CEO, commented: “This order of more than 30 systems for MSC’s newbuild programme is a landmark moment for both Silverstream and for clean technology adoption across shipping. It is the single largest order of not only our technology, but of any air lubrication technology in the history of our market. We are extremely proud of this achievement and are ready for the challenge of managing our largest-ever installation programme at five different shipyards.”

Article Editorial staff Ship&Offshore
Article Editorial staff Ship&Offshore