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Chevron Unit, Mitsui OSK Lines to Equip LNG Carrier With Wind-Assisted Propulsion System
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Chevron Unit, Mitsui OSK Lines to Equip LNG Carrier With Wind-Assisted Propulsion System
Sep 13, 2024 12:10 PM

10:11 AM EDT, 09/13/2024 (MT Newswires) -- Chevron ( CVX ) unit Chevron Shipping and Mitsui OSK Lines said Friday they have agreed to equip a new liquefied natural gas carrier with the Wind Challenger, a hard sail wind-assisted ship propulsion system, to reduce fuel consumption and carbon emissions.

The Wind Challenger propulsion system was developed by Mitsui OSK and Oshima Shipbuilding, while the new LNG carrier is under a long-term charter from MOL Encean to Chevron Asia Pacific Shipping, the companies said.

The vessel is currently under construction and scheduled for delivery in 2026, the companies added.

Price: 140.59, Change: +1.38, Percent Change: +0.99

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