Our Mission
Making net-zero shipping a reality
At Silverstream, we aim high. By deploying and scaling our air lubrication solution, we strive for nothing less than the transformation of maritime energy efficiency.
Shipping is under increasing pressure to cut its consumption of fossil fuels and related emissions – as the industry’s regulator, the International Maritime Organization (IMO) has committed the industry to net-zero emissions by 2050.
This calls for urgent action to improve fuel efficiency, and this is where Silverstream can help using its innovative technology – the Silverstream® System – and partnering with leading owners, charterers, and shipyards to create lasting impact.
Shipping’s journey towards a net-zero future requires people and organisations with purpose, expertise, and proven, practical solutions – features that make Silverstream the shipping industry’s leading ALS partner.
Silverstream. Empowered by air.
Our Journey
Since 2010, Silverstream has been harnessing the power of air to drive decarbonisation in shipping, creating the market for ALS. Today, we are a global multi-award-winning business leading the way with the largest installed base of air lubrication systems and working with industry leaders across multiple shipping segments.
Silverstream’s timeline
Explore our key milestones – from start-up to becoming Europe’s fourth-fastest growing business in 2023, and a market leader in air lubrication.
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2010
Silverstream Technologies Established in London, UK
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2011
Full scale Air Release Unit (ARU) tested successfully at HSVA
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2012
First ARU patent application filed
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2013
First agreement signed for full scale installation with Shell.
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2014
First pilot installation on MT ‘Amalienborg 40K dwt tanker completed.
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2015
Contract signed with Meyer Werft shipyard for first commercial installation for Norwegian Cruise Line.
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2016
First commercial order from Norwegian Cruise Line on ‘Norwegian Joy’.
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2017
First retrofit system delivered for Carnival Cruise Line on Diamond Princess.
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2018
First multi-vessel contract signed for 12 new Grimaldi Ro-Ros at Jingling shipyard (China).
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2019
First LNGC retrofit installation delivered.
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2020
Silverstream expands Leadership team, driving business growth.
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2021
First Korean order for 12 LNGC newbuilds at Hyundai Heavy Industries shipyard.
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2022
Shanghai office opened. Largest order of 84 MSC newbuild containerships.
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2023
Recognised as the 4th fastest-growing company in Europe.
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2024
For the second year in a row, recognised as one of the top 25 fastest-growing businesses in Europe and 3rd in the UK.
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2024
Silverstream signs an MOU with HD Hyundai Marine Solution Co Ltd.
Global reach
With a global footprint and strong partnerships across the maritime industry, our technology is trusted by leading shipowners and operators, and we work closely with 20 major shipyards worldwide to deliver installations at scale.
Find us at our headquarters in London, our offices in Southampton and Shanghai, and at the many global maritime hubs where our projects are delivered.
- Silverstream offices
- Partner Shipyards
- Customers
Our leadership
Executive Team
Noah Silberschmidt
Founder, Chief Executive Office & Member of the Board
Stephen Potts
Chief Strategy Officer
Andrew Derodra
Chief Financial Officer
Nick Chrissos
Chief Digital and Information Officer
Simon Cuthbert
Chief Operations Officer
Craig Patrick
Chief Commercial Officer
Board of Directors
Noah Silberschmidt
Founder, Chief Executive Office & Member of the Board
David Price
Chairman of the Board
Jesper Lok
Member of the Board
David Colson
Member of the Board
Michael Greville
General Counsel & Member of the Board
Explore working at Silverstream
At Silverstream, we aim high. By deploying and scaling our air lubrication solution, we are transforming maritime energy efficiency and supporting shipping’s transition to a net-zero future.
Join us on this exciting journey and play a meaningful role in making one of the world’s most vital industries more sustainable.
Our values
Transparent
We are uncompromising in our determination to prove the tangible benefits of the Silverstream® System in shipping’s clean technology market. Our historical commitment to validating the viability of air lubrication, from our pioneering sea trials with Shell, Lloyd’s Register and HVSA, through to today’s many commercial installations, underpins all our work, from innovation and system creation through to our engineering capability.
Progressive
Shipping’s challenges need bold solutions. We are among those leading the charge with a new way of thinking about efficiency, demonstrating to the market that proven clean technologies will support an industry facing economic uncertainty and a complex energy transition. Our cutting-edge technology has aided our exponential growth in recent years. It enables us to remain flexible, able to scale our solution on a fleet-wide basis for the industry’s leading players.
Visionary
By partnering with shipping leaders on improving efficiency standards and sustainability, we will deliver a positive impact on our world. We share in shipping’s journey towards decarbonisation, helping to prove that innovative ideas, progressive thinking and world-class engineering expertise can generate systemic environmental change, while unlocking profitability through considerable fuel savings.
Work with the leaders in air lubrication.