Chevron & Mitsui Team Up to Install Wind Challenger on LNG Carrier
CVXChevron(CVX) ZACKS·2024-09-16 20:31

Chevron Corporation’s (CVX) subsidiary, Chevron U.S.A. Inc., through its unit Chevron Shipping Company LLC, has partnered with Mitsui O.S.K. Lines, Ltd., Tokyo-based Japanese transport company, to launch a groundbreaking venture aimed at revolutionizing the shipping industry. This collaboration focuses on installing the Wind Challenger, a hard sail wind-assisted ship propulsion system developed by Mitsui and Oshima Shipbuilding, on a newly constructed LNG carrier.This partnership is part of CVX's broader mi ...