Chevron, a U.S. energy giant, has finalized an agreement to hire and lease its first hybrid electric tanker to its fleet.
This ship is intended to supply fuel to other vessels, operated by V-Bunkers, a specialized bunker subsidiary of Vitol, a Singapore-based energy and commodities firm.
First hybrid electric tanker initiative
With the arrival in Singapore of Chevron’s innovative hybrid electric barge, which was acquired and is managed by V-Bunkers. Since its arrival off Singapore’s shores last summer, the vessel has been engaged in providing Chevron fuelto a wide range of maritime customers in the region.
The expectation for this hybrid tanker is remarkable, because its fuel consumption is expected to be approximately 20% lower than that of traditional tankers. This fuel savings translates into a reduction in carbon emissions. reduced carbon emissions and lower operating costs, which Chevron emissions and lower operating costs, which Chevron has highlighted as a key benefit of this project.
Nayab Karimi, who heads Chevron’s business operations in the Asia-Pacific region, underscored the importance of this project in achieving the company’s sustainability goals.
Hybrid technology as a futuristic solution
The technology that powers this tanker is compared to that of land-based hybrid electric vehicles, because it has a system that combines the use of electricity and fuel. During periods of increased energy demand, the electrical system provides additional support, thus enabling a significant reduction in fuel consumption.
According to the company, the tanker is perfectly positioned to benefit from future onshore cargo facilities, aligning with the company’s projects that will allow for more reasonable and competitive operating costs.
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Source and photo: Chevron
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