OSG secures $3m DOE grant for LCO2 transportation vessel design

Overseas Shipholding Group (OSG), a leading US energy transportation provider, has been awarded a $3m grant by the United States Department of Energy (US DOE) to engineer and design a specialised vessel for transporting liquified carbon dioxide (LCO2). This articulated tug and barge unit (ATB) will facilitate the transport of CO2 from industrial emitters in Florida to sequestration sites in the Gulf of Mexico. This initiative is part of a broader strategy, including the development of the Tampa Regional Intermodal Carbon Hub (T-RICH) at Port Tampa Bay, aimed at creating a comprehensive CO2 storage and transport solution. The ATB will play a crucial role in shipping LCO2 to approved sequestration sites, supporting the US goal to significantly reduce CO2 emissions by 2050. (Offshore Energy)