As an authorised sales and service partner, Wärtsilä intends to integrate Silverstream’s fuel-saving air lubrication system within its propulsion solutions.
Under the agreement, the Silverstream system will also be available through Wärtsilä’s sales channels for retrofit on existing vessels where Wärtsilä is a primary solution provider.
According to a statement released today (2 December), the Silverstream system ‘is expected to realise synergies in capital and operational savings across the propulsion chain by increasing fuel efficiency and optimising engine loading.
The collaboration agreement will enable current and future Silverstream customers to access Wärtsilä’s global service network for the maintenance of their Silverstream System installations. The system has been proven to reduce fuel burn and associated emissions by 5% to 10%, depending on vessel type.
Commenting on the agreement, Lars Anderson, Director, Propulsion, Wärtsilä Marine, said: ‘At Wärtsilä we are committed to fully supporting our customers as they strive to reduce operating costs and improve the environmental sustainability impact of their operations. Today’s agreement enables us to facilitate the building of better vessels that meet tomorrow’s challenges today, and Silverstream are the ideal partners to help us realise this goal.’
Noah Silberschmidt, CEO, Silverstream Technologies, added: “Today’s agreement with Wärtsilä reinforces our position as the shipping industry’s leading clean technology manufacturer. In Wärtsilä we find a partner as committed as we are to achieving a cleaner, more efficient and sustainable maritime industry.
‘With the global sulphur cap almost upon us and decarbonisation targets on the horizon, the commercial case for proven clean technology has never been stronger. Now is the time for ship owners to take action to reduce their operational costs and their impact on the environment, and today’s agreement will help unlock the power of air lubrication technology for more vessels across our sector.’