Updated: May 22, 2015 (Originally published May 20, 2015)
The 2014-delivered Asia Vision LNG carrier. Photo: Chevron
Chevron is in the midst of it’s largest-ever shipbuilding and fleet modernization program, encompassing 13 ships total including six LNG carriers to support its growing LNG operations.
The six vessels are being constructed by Samsung Heavy Industries in South Korea, with the first two already delivered in 2014.
The new state-of-the-art vessels have an LNG carrying capacity of 160,000 M3 each in four advanced MkIII LNG containment tanks from GTT.
The inside of the GTT LNG containment tank. Photo: Chevron
The vessel also feature a dual fuel diesel electric propulsion system, with two Wartsila dual fuel medium speed engines and an ABB electric propulsion plant.
The ships are and will be managed by Chevron Shipping company, which currently manages a total of 28 vessels worldwide.
Check out the surprisingly good corporate video from Chevron about the LNG carriers below:
U.S. expanded licenses for Venezuelan oil exports are expected to restore PDVSA production to pre-blockade levels of 1.2M bpd by mid-2026. Vitol and Trafigura join Chevron in clearing storage backlogs.
Venezuela was loading crude only for U.S. major Chevron CVX.N on Tuesday, while operations by state-run oil firm PDVSA to load cargoes for its main customers in China remained on hold for a fifth day, shipping data showed.
U.S. President Donald Trump on Wednesday said he was reversing a license given to Chevron to operate in Venezuela by his predecessor Joe Biden more than two years ago, accusing President Nicolas Maduro of not making progress on electoral reforms and migrant returns.
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