Gibdock signs air lubrication MoU
The difference in power requirement between a system that uses compressors and Armada’s system could amount to an entire auxiliary generator run at low load, Armada says. Air lubrication systems are one of the most popular efficiency retrofits in today’s market and can be responsible for a fuel saving of as much as 10% in some cases. Under the terms of the agreement, Armada will investigate the feasibility of installing bubble lubrication while vessels are being repaired at Gibdock.
"Signing this MoU is a significant milestone in our mission to promote sustainable shipping practices," said Simon Gillett, CEO of Balaena Ltd., Gibdock’s owners. "We are excited to collaborate with Armada Technologies to continue to bring innovative, energy-efficient solutions to our clients."
"PALS has the potential to transform the way vessels operate, making them more environmentally friendly and cost-effective by using less fuel," Armada Technologies' CEO, Alex Routledge, added. "We look forward to working with Gibdock to offer our second-generation system to more vessels."