Silverstream Names Derodra CFO
, private equity-owned and founder-led businesses, including in the delivery of shareholder value, equity and debt financing, and M&A.Derodra joins Silverstream as it scales up to deliver a decarbonization solution for application across the global maritime industry. The company’s air lubrication technology, the Silverstream System, delivers 5-10% net fuel and emissions savings for oceangoing vessels, by reducing frictional resistance between the hull and the water.With systems onboard ships owned by the likes of MSC, Shell, Grimaldi, Carnival, Vale and many others, Silverstream’s patented
Shell to Continue Philippine Mariner Training
the University of Cebu - Maritime Education and Training Center (UC METC). At the signing of the new Memorandum of Understanding (MoU) were Shell Marine Executive Director Jan Toschka, University of Cebu President Atty. Augusto W. Go. Shell Marine will provide expertise in lubrication technology to the students and lecturers of the UC METC. A technical team from Shell Marine will provide training and knowledge modules through workshops and seminars at the UC METC. Shell Marine Executive Director Jan Toschka said, “We continuously seek to support the development of
Silverstream Technologies Expands Technical Team
New naval architect appointed following first commercial installation, and pipeline of orders Dominic Tasker has been hired as a new naval architect at Silverstream Technologies, a developer of air lubrication technology for the shipping industry. Silverstream said the move is in line with its strategy for infrastructure expansion following the company’s first commercial installation of the Silverstream System with Norwegian Cruise Lines, and the development of a significant pipeline of further orders. Tasker joins Silverstream Technologies from global maritime