LNGC repair facility, Malaysia Marine and Heavy Engineering (MMHE), has signed an agreement with maritime clean technology company Silverstream Technologies.
This co-operation is aimed at retrofit opportunities for Silverstream’s air lubrication technology – the patented Silverstream System – as well as collaboration, information and knowledge sharing between the two companies.
MMHE, one of the most prominent LNGC repair yards in Asia, will collaborate with Silverstream to support LNGC owners and operators in their de-carbonisation efforts by improving the efficiency of their vessels towards EEXI and CII compliance, the company said.
As part of the agreement, the two organisations will perform joint promotion of the Silverstream System and other complementary products and services, and MMHE will become an approved installation provider for the air lubrication technology.
Silverstream will also provide technical and commercial support to assist MMHE in securing contracts, including the provision of initial efficiency saving estimates and system design information on proposed installations.
Pandai Othman, MMHE’s Managing Director and CEO, said: “We are delighted to sign this agreement with Silverstream, a renowned maritime clean technology service provider. This strategic partnership is a promising start as it unlocks new commercial opportunities for both companies.
“Together, it allows us to bring the powerful combination of MMHE’s retrofit and conversion technical expertise and Silverstream’s air lubrication system to market in supporting our customers’ de-carbonisation strategies, thus accelerating the industry’s transition to cleaner shipping.”
Noah Silberschmidt, Founder & CEO, Silverstream Technologies, added: “We are very pleased to announce our collaboration with MMHE, a world class shipyard with an exceptional history in LNGC repair and conversion services.
“By working together, we aim not only to raise awareness among our combined customer base of Silverstream’s market-leading air lubrication technology, and MMHE’s role as one of the world’s leading LNGC shipyards, but also to encourage adoption of clean technologies more widely in the industry as an essential step in shipping’s de-carbonisation journey,” he said.
A wholly owned subsidiary of Malaysia Marine and Heavy Engineering Holdings (MHB), MMHE has more than 45 years’ experience in delivering energy and marine solutions for a wide range of heavy engineering facilities and vessels.
