Chevron and Caterpillar Eye Hydrogen-Fueled Marine Applications

Could a hydrogen-fueled version of the Electro-Motive Diesel two-stroke engine, long a U.S. marine industry work horse, be in the works? These days, the EMD engine is produced by Caterpillar’s Progress Rail subsidiary, which will play a key role in a collaboration between Chevron U.S.A. Inc., a subsidiary of Chevron Corporation (NYSE: CVX), and Caterpillar Inc. (NYSE: CAT) that was announced yesterday.