SINGAPORE — Chevron Shipping Co. LLC has entered into an agreement with Sembcorp Marine Repairs & Upgrades Pte. Ltd. to reduce the carbon intensity of its LNG fleet operations.
Under the agreement, with Sembcorp Marine’s support, Chevron will install new technologies aboard its vessels to support the company's energy transition goals. The changes are also in alignment with decarbonization targets set by the International Maritime Organization. Chevron aims to lower the carbon footprint of LNG transportation by installing new technologies such as a reliquefication system, hull air lubrication and a new gas compressor. Together, Sembcorp said these changes are expected to reduce cargo boil-off, lower fuel consumption and increase volumes of cargo delivered.
Sembcorp Marine will provide Chevron with engineering, procurement, installation and commissioning services and expects to complete the work by mid-2025.