Page 36 - Next Generation 2015 - Digtial Issue

Next Generation Technology

NEXT PUMPED UP
GENERATION OVER BUBBLE
TECHNOLOGY TECHNOLOGY

By amassing data, Silverstream says its
air lubrication system has started to win
charterers’ approval, writes Craig Eason

SILVERSTREAM, the European clean oil major that supported the first full-
tech group that has designed and scale retrofit on the 2004-built tanker
developed an air lubrication system Amalienborg that has proven to be so
that makes it easier for ships to move pivotal for the company.
through water and thus save fuel, says it
is on course to win and announce up to It is these charterers that pay for the
25 new orders in the coming months. retrofits, as the fuel costs of vessels on
long-term charter are theirs.
The orders are not won by talking
directly to shipowners, says chief These orders include 12 to 15
executive Noah Silberschmidt, but by newbuildings and up to 10 retrofits,
dealing direct with charterers. though the indication is that not all
the contracts have been signed. The
He says the new contracts vessels are dry bulk, tankers and very
have been arranged with blue chip large liquefied natural gas carriers,
charterers, of a similar ilk to Shell, the confided Mr Silberschmidt, who

The first full-scale retrofit on the 2004-built tanker Amalienborg has been pivotal for the company

36 | Lloyd’s List Next Generation 2015 | www.lloydslist.com