In a recent interview with Bunkerspot, our Vice President of Sales, Craig Patrick, revealed successful agreements with several major energy companies, accelerating our aim to secure 500 orders of the Silverstream® System by 2025. As of July 2023, there are 175 orders already in the orderbook, 41 vessels currently operating with our air lubrication systems, and an estimated 65-70 ships will be operational by the end of 2023.
In just 2023 alone we have seen incredible growth, ranking as the fourth fastest-growing company in Europe and the third in the UK, according to the Financial Times' FT 1000: Europe’s Fastest Growing Companies 2023 listing. To continue this momentum, we are collaborating with shipyards to integrate our technology into ship designs, aiming for streamlined deployment and enhanced net savings of 5-10% on the ship's fuel bill, with a payback period of 2-3.5 years. Looking ahead, the focus is on utilising data analysis to optimise technology performance and deliver even better savings for the maritime industry.
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During our time at Gastech 2023, our CEO Noah Silberschmidt spoke to Lloyd’s List. Noah discussed our realistic installation target of 3,500 installations within the next 10 years, across both retrofits and newbuild installations.Read
Our CEO Noah Silberschmidt recently spoke to TradeWinds about how our recent C-level appointments are positioning Silverstream strongly for success and continued growth.Read
Former senior technical leader at BMT brings 25 years’ experience in Maritime, Engineering and Defence & Security to the company as it continues its global expansion.Read