Drydocks World-Dubai signs deal with Silverstream on maritime decarbonisation

Drydocks World-Dubai has announced the signing of a strategic agreement with maritime technology company, Silverstream Technologies, to promote the use of market-leading air lubrication technology, for the vessels that enter the busy shipyard each year.

The company, a subsidiary of DP World, is the largest centre in the Middle East for ship repair, conversion, new builds, rigs and MRO projects, with a particular focus on renewables and energy efficiency projects, it said in a statement.

The partnership focuses on air lubrication, which is an approved technology under the IMO’s Energy Efficiency Design Index (EEDI) for newbuilds, as well as the Energy Efficiency Existing Ship Index (EEXI), and the Carbon Intensity Indicator (CII) requirements.

These criteria will come into effect in 2023, Drydocks World-Dubai said, and the agreement with Silverstream will see Drydocks World-Dubai become an approved installation provider of Silverstream’s technology on a wide variety of retrofit projects which will support owners in meeting pressing efficiency regulations.

“We are pleased to sign this partnership with Silverstream, an innovative provider of clean technology, as part of our commitment to enhancing the environmental performance of shipping. Together, we intend to share technical expertise and promote a proven efficiency solution to minimise the maritime industry's carbon footprint,” Captain Rado Antolovic PhD, CEO of Drydocks World, said in a statement.

The partners will work together to promote the Silverstream System, while closely sharing knowledge on both the technical and commercial aspects of its installation procedures, the companies said.

The partnership marks another step in Silverstream’s global expansion, collaborating with the very best yards and supply chain partners around the world to utilise their local relationships and expertise.