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Chevron Corporation (NYSE:CVX) shares are trading higher on Friday. Chevron Shipping teamed up with Mitsui O.S.K. Lines (MOL) to install the Wind Challenger, a wind-assisted propulsion system, on a new LNG carrier. This vessel will be the world’s first LNG carrier with wind-assisted propulsion, supporting Chevron’s efforts to lower carbon intensity. The vessel is being built at the Geoje Shipyard of Hanwha Ocean Co., Ltd., with delivery scheduled for 2026. In August 2024, MOL received approval in principle (AiP) from Nippon Kaiji Kyokai (Class NK), marking the first approval for an LNG carrier…

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