Technology Solution

‘Energy major contracts to support Silverstream’s 2025 targets’ (Bunkerspot)

26th July 2023

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.

Read more from Bunkerspot.


Find out how we can help you

Get in Touch