Hunter Group ASA - Third quarter results 2023
Oslo, 23 November 2023 Company update During the past quarters, the Company has, in close collaboration with DNV and Vedam Design, made significant progress on the development of a low-pressure mid-stream shipping solution for Carbon Capture, Transportation and Storage ("CCTS"), involving 40k cbm deep sea liquefied CO2 carriers ("LCO2"), 12k cbm LCO2 feeder vessels and 2k cbm LCO2 barges for riverine/port support. The solution is technically innovative and should lead to significant cost savings compared with existing LCO2 ship designs. As the project is progressing towards