We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.
| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Overseas Shipholding Group Inc | NYSE:OSG | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 8.47 | 8.50 | 8.47 | 8.49 | 424,254 | 19:53:04 |
From Jun 2023 to Jun 2024
By Sabela Ojea
Overseas Shipholding Group has been awarded a $400,000 grant from the U.S. Department of Energy to develop a proposed regional intermodal carbon hub in Florida.
The provider of energy transportation services on Thursday said that the hub, to be located in Tampa, would receive, store, and process two million metric tons of CO2 a year.
The CO2 would be transported by Overseas Shipholding's vessels across the Gulf of Mexico for permanent underground storage.
"This storage and transport hub will be the first of its kind in the nation and could be scaled to meet expanded volumes of captured CO2," the company said, noting that the hub would also help Florida face climate change.
The Energy Department is encouraging the development of carbon capture and storage systems as part of the U.S. goal to achieve net zero greenhouse gas emissions by no later than 2050.
Write to Sabela Ojea at sabela.ojea@wsj.com
(END) Dow Jones Newswires
December 21, 2023 14:55 ET (19:55 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
1 Year Overseas Shipholding Chart |
1 Month Overseas Shipholding Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
