OSG’s LCO2 transportation plans get a $3 million boost

Tampa, Fla., based Overseas Shipholding Group, Inc. (NYSE: OSG) has been awarded $3,000,000 by the U.S. Department of Energy for the engineering and design of an articulated tug and barge unit (ATB). OSG first announced its ambitions to get into the captured carbon storage and transportation business back in December last year and the LCO2 ATB’s role in those plans will be to transport CO2 captured by emitters in the Greater Tampa Bay region and from across the State of Florida to sequestration...

https://www.marinelog.com/inland-coastal/osgs-lco2-transportation-plans-get-a-3-million-boost/

OSG sees liquified CO2 carriers in its future

Tampa, Fla., headquartered Overseas Shipholding Group Inc. (NYSE:OSG) is looking to get into the growing carbon storage and transport business, including operating liquified CO2 carriers, and it’s taking its first steps right outside its own front door with plans for a project in Port Tampa Bay.

The company has been awarded a $400,000 U.S. Department of Energy grant to study the development of its proposed Tampa Regional Intermodal Carbon Hub (T-RICH). The study is intended to evaluate the...

https://www.marinelog.com/legal/environment/osg-sees-liquified-co2-carriers-in-its-future/