UK-based Silverstream Technologies has signed a framework agreement to retrofit an unspecified number of LNG carriers in the Shell fleet with air lubrication systems as a means of reducing fuel consumption and lowering GHG emissions.
The deal will see Shell International Trading and Shipping Co Ltd and Silverstream develop a close working relationship to design, engineer, procure, and execute the Silverstream System.
The new framework will enable Shell to expedite installing the air lubrication technology in its LNG carrier fleet. Initially covering the next three years, the framework will ultimately reduce contract lead times and the total cost of ownership for vessel operators.
The co-operation between Shell and Silverstream Technologies follows in the wake of the delivery of the Maran Gas Andros, the first LNG carrier fitted with an air lubrication system. Built…