Gibraltar Shiprepairer, Gibdock Shipyard and engineering concern, Armada Technologies have signed a Memorandum of Understanding (MoU) to explore the integration of Armada’s proprietary air lubrication system.
The MoU calls for the fitting of Armada’s patented passive air lubrication system (PALS) on vessels at Gibdock.
This agreement marks a significant step towards enhancing energy efficiency and reducing harmful emissions in the maritime industry, the companies claimed and aims to leverage the strengths of both organisations to provide more energy-efficient solutions for vessels.
Armada Technologies PALS system reduces fuel consumption and operating costs. The company will work closely with Gibdock to explore the business opportunities and technical feasibilities of installing the system on vessels being repaired at the yard, especially cruise ships and ferries.
Under the MoU, both companies will jointly explore potential installations of PALS on vessels, under license from Armada Technologies. This co-operation includes technical and commercial support from Armada to ensure the successful implementation.
“Signing this MoU is a significant milestone in our mission to promote sustainable shipping practices,” said Simon Gillett, CEO of Gibdock’s owners, Baleana.
“We are excited to collaborate with Armada Technologies to continue to bring innovative, energy-efficient solutions to our clients.”
Armada Technologies’ CEO, Alex Routledge (pictured), added: “PALS has the potential to transform the way vessels operate, making them more environmentally friendly and cost-effective by using less fuel. We look forward to working with Gibdock to offer our second-generation system to more vessels.”
