DK Group rebrands

The company’s eco efficiency technology will be known as the Silverstream Air Lubrication Technology. The timing of the name change is in line with impending significant milestones for Silverstream as its Air Lubrication Technology moves further towards a commercial platform.

Noah Silberschmidt, CEO, Silverstream Technologies, said: “We have pioneered the development of air lubrication for many years and much time and resource has gone into R&D and refining the system. The Silverstream Air Lubrication Technology is now a proven solutions-based product.”

The name Silverstream articulates the rigid stream of bubbles that is produced under the hull of a vessel by the technology. Silverstream’s Air Lubrication Technology reduces frictional resistance between the water and the hull’s surface, improving operational efficiency and reducing both fuel and associated emissions by between 5% and 10%.

The company says it is the only proven air lubrication technology that can be installed on newbuild vessels, as well as being retrofitted in just 14 days.

“In line with the advancements of our technology and the company since its inception 10 years ago, we have now entered a new commercial period hence the change in name. Rebranding to Silverstream represents an exciting and definitive new era for the company,” added Mr Silberschmidt.