Singapore’s Sembcorp Marine Repairs & Upgrades Pte. Ltd has signed an settlement that can see it set up a variety of latest applied sciences in Chevron Shipping Company LNG carriers.
Chevron is trying to cut back the carbon depth of its LNG fleet and the options put in by the Sembcorp Marine subsidiary will embrace a reliquefaction system, hull air lubrication, and a brand new gasoline compressor. Together, these adjustments are anticipated to cut back cargo boil-off, decrease gas consumption and improve volumes of cargo delivered.
“We are excited to work with Sembcorp Marine to help us advance our lower carbon goals,” mentioned Mark Ross, president of Chevron Shipping Company. “We believe LNG will be a key component of the global energy transition for years to come, and Chevron is focused on continuing its disciplined capital investment in our LNG fleet.”
Sembcorp Marine has important experience in advanced LNG fleet modifications and can present Chevron with engineering, procurement, set up, and commissioning (EPIC) companies. It expects to finish the work by mid-2025.
“Sembcorp Marine is committed to advancing environmental sustainability through the development of industry-leading solutions,” mentioned Sembcorp Marine President and CEO Wong Weng Sun. “Working with Chevron on its LNG fleet upgrades is an immediate way to accelerate the lowering of the carbon footprint in the maritime industry, to achieve the IMO’s target to reduce emissions from international shipping by at least half by 2050, compared to the levels in 2008.”