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Wednesday, November 13, 2019

Maritime Logistics Professional

August 30, 2019

Silverstream technology for LNG carriers

The recently signed MoU for Silverstream to supply all of Hudong-Zonghua’s LNG newbuilds with its air lubrication technology is the company’s first LNG class agreement. Silverstream said that the deal highlighted Asian demand for greater efficiency and stability in newbuild orders. (Photo: Silverstream Technologies)

The recently signed MoU for Silverstream to supply all of Hudong-Zonghua’s LNG newbuilds with its air lubrication technology is the company’s first LNG class agreement. Silverstream said that the deal highlighted Asian demand for greater efficiency and stability in newbuild orders. (Photo: Silverstream Technologies)

Chinese shipbuilder Hudong-Zhonghua has agreed to integrate Silverstream Technologies’s air lubrication technology in all the new LNG vessels it produces to give high fuel efficiencies, cutting fuel costs by up to 80 percent for both laden and ballast operations. This is Silverstream’s first LNG class newbuild project. The companies will work together to drive sales of new vessels to prospective shipowners and to ensure optimum efficiency of future newbuilds produced by the Hudong-Zonghua yard.

Hudong-Zhonghua Shipbuilding’s chief technical officer Danping Lou commented: “We are committed to bringing to market the most operational and energy-efficient newbuild vessels for the LNG sector. We are confident that these new vessels will set the benchmarks for vessel design and performance in the LNG sector.”