Our founder Noah Silberschmidt meets Li Xiaopeng, China's Minister of Transport

Silverstream Technologies has signed an MoU with Yiu Lian Dockyards (Shekou) Ltd, one of China’s largest ship repair yards and part of China Merchants Group, to drive retrofit installations of the Silverstream^® System.

"About 60-80% of a shipowner's operating expense is pure fuel cost. With alternative fuels set to be more expensive, our technology helps with regulations while also saving costs." 

This was one of the insights that our CEO and Founder Noah Silberschmidt shared in an episode of the new Bloomberg Originals ‘Momentum’ documentary series. Hosted by influential journalist Haslinda Amin, the series explores innovation at the forefront, uncovering groundbreaking ideas and the inspiring people across Asia and beyond who are shaping our rapidly evolving world. 

The Silverstream^® System will be installed onboard 18 new LNG carriers, which will be chartered by a global energy company and owned and operated by shipping majors.