carbon capure and storage

OSG’s Sam Norton: “We’ve stuck the landing!”

”It would be appropriate to state that we have ‘stuck the landing’ with our fourth quarter performance,” said Sam Norton, president and CEO of Tampa, Fla., headquartered Overseas Shipholding Group, Inc. (NYSE: OSG) as the company reported results for the fourth quarter and full year 2023.

Highlights included:

  • 2023 net income was $62.5 million, or $0.77 per diluted share, compared to net income of $26.6 million, or $0.29 per diluted share, in 2022. Net income for the fourth quarter of 2023 was...

https://www.marinelog.com/legal/shipping/osgs-sam-norton-weve-stuck-the-landing/

Project shows scrubbers could play a role in carbon capture at sea

Alfa Laval and Japan’s National Maritime Research Institute (NMRI) have been testing onboard carbon capture and storage using an exhaust gas cleaning system.

The CO2 capture testing project was designed to provide real-world validation of results achieved in the lab. As it required a proven, full-scale hybrid scrubber system, Alfa Laval PureSOx played an important role in the test. The Japanese shipowner associated with the research, who had installed PureSOx for SOx compliance on a newbuild,...

https://www.marinelog.com/shipping/environment/project-shows-scrubbers-could-play-a-role-in-carbon-capture-at-sea/

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