Silverstream deepens ties with China’s CCS

The agreement is expected to see the organisations collaborate on project-specific engagements and approvals for the integration of the Silverstream^® System in ships classed by CCS.

Silverstream has strong connections with the Chinese market, and recently became one of the founding members of the Global Sustainable Transport Innovation Alliance (GSTIA), an initiative sponsored by the Chinese Ministry of Transport, designed to accelerate green industrial projects within China. Silverstream is a founding member alongside Airbus, Siemens, Maersk, Volvo, Alibaba, CMA CGM, COSCO, DHL and China Merchants Group.

Silverstream also maintains an office in Shanghai. Among the local team, 20 are dedicated to on-the-ground support for Asian installations of its technology. 

Noah Silberschmidt, Founder & CEO, Silverstream Technologies, said: “We are delighted to sign our first agreement of this style with a classification society, especially with CCS. CCS is one of the most influential class societies in the Chinese market, particularly for intranational projects between Chinese shipowners and Chinese shipyards. Through this important agreement, we look forward to further building our relationship with a key industry player, and to continuing commercial success in Asia and worldwide.”

The AiP with CCS and Silverstream’s involvement in the GSTIA follows other recent China-based announcements for the company, with a range of agreements being signed with Chinese shipyards. These include a MoU with COSCO Shipping Heavy Industry and an order for 10 new systems for LNG carriers, some of which will be built at Chinese yards.