Armada Raises $3.2 Million In Seed Funding
Armada Technologies announced the close of its seed funding round, raising a total of $3.2 million, including contributions from both strategic partners and traditional financial investors to advance eco-friendly maritime solutions.Cool Company Management Ltd. (CoolCo) a strategic partner within the liquefied natural gas (LNG) space, is to part-fund Armada equipment that will be installed on its vessels with this seed round. Ecochlor, Inc. continues to provide investment and technical support to the company as its growth partner.
Armada Technologies Wins Hull Lubrication Contract with CoolCo
Armada Technologies has secured a hull lubrication contract with LNG carrier company Cool Company Ltd (CoolCo).Under the partnership, Armada will design, engineer, procure, and provide support for the installation and commissioning of its air lubrication system on a CoolCo vessel scheduled to dry dock in 2024. Once commissioned, CoolCo will conduct sea trials and provide documentation to Armada, following ISO or ITTC guidance, to measure the system's performance.Armada CEO Alex…
Silverstream and MAN Ink Collaboration Agreement
Silverstream Technologies announced it has signed a collaboration agreement with marine engine designer MAN Energy Solutions to explore solutions to drive retrofits and newbuild installations of its air lubrication system aboard vessels featuring MAN's two stroke engines.With approximately half of the world’s commercial ships powered by MAN Energy Solutions, the collaboration will help further accelerate the adoption of Silverstream’s air lubrication technology, the Silverstream System…
Savage Takes the CTO Seat at Silverstream
Silverstream Technologies appointed Catriona Savage into the newly created position of Chief Technology Officer (CTO). Savage will lead the continued development of the innovative Silverstream System and will further develop the technical centre-of-excellence built by Silverstream Technologies. The new role will lead on Product Development and Application Engineering and all aspects of product quality, safety and performance.Savage joins Silverstream following a career at BMT as Technical Assurance and Capability Director…
Odfjell to Install Alfa Laval's Air Lubrication System on Tanker
Odfjell Ship Management has selected Alfa Laval’s OceanGlide fluidic air lubrication system for installation on one of their tankers later this year.OceanGlide is newly acquired technology for Alfa Laval. The patented and class-approved system utilizes fluidic oscillators to generate an even layer of micro air bubbles across a vessel’s entire flat bottom, reducing friction and drag and therefore fuel consumption and CO2 emissions. The fluidic technology creates streamlined sections on the vessel’s flat bottom, each with its own fluidic band that generates bubbles.
Irish Ferries Taps Armada for Hull Air Lubrication System
Armada Technologies announced that Irish Ferries has contracted for a feasibility study and integration engineering for the Armada ‘passive air lubrication system’ (PALS) on board its RoPax cruise ferry W.B. Yeats.Armada’s PALS is a second-generation air lubrication system that uses the vessel’s own forward motion to drive water through a series of openings in the bow region of the vessel. These openings direct system water through branch lines to venturis and injectors that then passively delivers an optimal air/water mix (rather than simply air) for hull lubrication of unparalleled efficacy."One of the major complaints shipowners have…
ADNOC's New LNG Carriers to Feature Silverstream Air Lubrication
U.K.-based Silverstream Technologies announced it has secured an order to supply its air lubrication system for a series of six new liquefied natural gas (LNG) carriers being built for Abu Dhabi National Oil Company (ADNOC) by China's CSSC Jiangnan Shipyard Group Co. Ltd.Scheduled for delivery in 2025 and 2026, the six new 175,000-cubic-meter-capacity (CBM) vessels will be the first LNG carriers built at Jiangnan Shipyard and among the first Chinese-built LNG carriers fitted with…
Floating on Bubbles: Carnival Corp expands use of Air Lubrication to cut Emissions
As the ship owners globally experiment with technologies to help incrementally cut emissions to meet stringent new IMO mandates, news out of south Florida indicates that Carnival Corporation, the world's largest cruise company, has made plans to expand the installation and use of Air Lubrication Systems (ALS) to a majority of the cruise line brands in its fleet through 2027; a move the cruise major expects witll generate "significant savings in fuel consumption and carbon emissions" by reducing hull drag by approximately 5% per ship.The pick for air lubrication is the Silverstream System ALS…
