Some 244 air lubrication systems have been ordered to date, leaving an immense market of ships that could reduce fuel consumption by using microbubble technology.

Silverstream Technologies has contracted 110 of those orders to date, and the company said some of the remaining 134 orders by other companies include legacy systems that did not work and are no longer in use.

Noah Silberschmidt, the UK-based technology company’s chief executive and founder, said that upcoming carbon regulations are serving as a tipping point for the industry’s use of air lubrication.