Chevron Shipping, Wärtsilä Partner to Lower Methane Emissions on LNG Carriers
Chevron Corporation (CVX)
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Source: Business Wire
SAN RAMON, Calif. & HELSINKI--(BUSINESS WIRE)--Technology group Wärtsilä, in partnership with Chevron Shipping Company LLC, plans to convert one engine on six of Chevron Transport Corporation Ltd.’s LNG Carriers from dual-fuel (DF) to spark gas (SG) operation. The conversions are intended to reduce greenhouse gas emissions by lowering methane slip in support of Chevron Shipping’s broader efforts to reduce the carbon intensity of its operations. This marine industry first was made possible after two years of collaboration between the companies. The order for the first two vessels was booked by Wärtsilä in Q3 2024.LNG, when burned as a fuel, results in small amounts of methane that may not fully combust leading to methane escaping into the atmosphere, referred to as methane slip. Methane exists in the atmosphere for a shorter time than CO2 but traps approximately 25–30* times more heat over a 100-year period. Addressing methane emissions is a key part of lowering carbon intensity. W
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