Overseas Shipholding Group Inc - Company Profile
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Overseas Shipholding Group Inc (OSG) is an energy transportation company. It delivers crude oil and refined petroleum products worldwide. The company's products also include natural gas. It owns and operates a fleet of oceangoing vessels and articulated tug barges (ATB) in the US Flag trades. The company participates in the US Maritime Security Program. OSG also transports crude oil for BP in Alaska. It serves independent oil traders, refinery operators, and the US and international government entities. OSG is headquartered in Tampa, Florida, the US
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Products and Services
Products | Services |
---|---|
Natural Gas | Crude Oil Transportation |
Refined Petroleum Products | Petroleum Products Transportation |
Crude Oil |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2023 | Asset Purchase | In November, the company acquired the Alaskan Frontier for US$20.0 million. |
2023 | Contracts/Agreements | In October, the company signed an agreement with BP Oil Shipping Company to acquire a methanol-ready tanker. |
2023 | Contracts/Agreements | In June, the company secured time charter contract from military Sealift to provide ongoing fuel transportation services to MSC in support of our nation's defense. |
Competitor Comparison
Key Parameters | Overseas Shipholding Group Inc | Kirby Corp | Frontline Plc | Teekay Tankers Ltd | Nordic American Tankers Ltd |
---|---|---|---|---|---|
Headquarters | United States of America | United States of America | Cyprus | Bermuda | Bermuda |
City | Tampa | Houston | Limassol | Hamilton | Hamilton |
State/Province | Florida | Texas | - | - | - |
No. of Employees | 1,078 | 5,450 | 78 | - | 17 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Douglas D. Wheat | Chairman | Executive Board | 2014 | 71 |
Samuel H. Norton | Chief Executive Officer; Director; President | Executive Board | 2016 | 64 |
Richard L. Trueblood | Vice President; Chief Financial Officer | Senior Management | 2017 | 76 |
Richard Trueblood | Vice President; Chief Financial Officer | Senior Management | 2017 | 77 |
Patrick J. O Halloran | Vice President; Chief Operating Officer | Senior Management | 2016 | 53 |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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