New partnership advances clean shipping
Under the agreement, Houlder’s marine engineering experts will complement Silverstream’s in-house teams to produce detailed information that supports the naval architecture and any required class approvals of the technology for specific vessel projects.
“The last year has been marked by a dramatic increase in demand for clean technologies, including the Silverstream System,” commented Noah Silberschmidt, chief executive of Silverstream Technologies. “This agreement with Houlder gives us the assurance that we will be able to support every owner and operator that is interested in our solution, through the addition of extra capacity and engineering expertise that Houlder’s teams of respected experts will provide.”
Silverstream has worked since 2010 to create the technology, conducting sea trials and validity testing with industry partners including Lloyd’s Register, Shell, Carnival and HVSA, culminating in the first commercial orders in 2017.
“Our independent consultancy, combined with many years’ experience in ship design and engineering, enables us to support the effective installation of new systems, bridging between the technology provider and ship owner to realise the best results for both of them,” added Rupert Hare, chief executive of Houlder.