Silverstream Technologies and Yiu Lian Dockyards collaborate on energy saving

This partnership aims to drive retrofit installations of the Silverstream air lubrication system, which reduces frictional resistance between the water and the hull surface, reducing net fuel consumption and associated greenhouse gas emissions by an average of 5-10%. The company claims its system is the only proven air lubrication technology that can be retrofitted in 10 days or less, as well as being applicable to newbuilds.

Yiu Lian Dockyards accepts all major vessel types but is well known as a leading repair yard for LNG carriers. The dockyard has serviced 734 vessels in the past three years from all segments, and so far in 2024 alone, it has dry-docked 28 LNG carriers. As part of the agreement, the companies will collaborate on installations of the Silverstream System for vessels dry docking at Yiu Lian (Shekou).

Noah Silberschmidt, CEO, Silverstream Technologies, said: “Collaborating with leading shipyards is key to ensuring that more shipowners can benefit from our air lubrication technology, which enhances fuel efficiency and reduces emissions. With the most retrofit experience of any air lubrication technology provider, we’re committed to facilitating access to our Silverstream System and contributing to a more sustainable and efficient shipping industry.

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"We’re excited to sign this new agreement with the team at Yiu Lian Dockyards, enabling even more vessels to take advantage of our innovative solution.”

Xu Rong, Vice GM, Yiu Lian Dockyards (Shekou): “Reducing greenhouse gas emissions and saving fuel have become top priorities for shipowners and operators. Each year, we see growing interest from owners in retrofitting clean technologies on the vessels that visit our yards. The Silverstream System, a market-leading air lubrication technology, is the ideal solution for these ships – particularly the LNG carriers we regularly service.”