Overseas Shipholding Group Inc - Company Profile
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Overseas Shipholding Group Inc (OSG) a subsidiary of Saltchuk Resources Inc, is a company specialized in operation of vessels for the transportation of liquid bulk energy products. The company's main activities include providing energy transportation services, focusing on the movement of crude oil, petroleum products, and renewable fuels. OSG's fleet consists of US flagged tankers and articulated tug-barges (ATBs), with a brands such as the Alaska Tanker Company under its management. The company's services cater to major oil and gas companies, refiners, and traders, facilitating the transportation of energy products across various industries. OSG operates through its subsidiaries, including OSG Ship Management, Inc and Alaska Tanker Company, LLC, which manage its Jones Act and Alaskan Class fleets. OSG is headquartered in Tampa, Florida, the US.
Headquarters
United States of America
Address
Suite 1200, 302 Knights Run Avenue, Tampa, Florida, 33602
Website
www.osg.com
Telephone
1 813 2090600
No of Employees
1,286
Industry
Energy and Utilities
Revenue (2023)
$451.9M
Overseas Shipholding Group Inc premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Refined Petroleum Products | Petroleum Products Transportation |
| Crude Oil | Crude Oil Transportation |
| Natural Gas |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Contracts/Agreements | In May, the company's subsidiary Aptamus Carbon Solutions LLC and Entra entered into an agreement to carry out front-end engineering and design for a temporary CO2 storage and liquefaction terminal at Port Tampa Bay, Florida, and a CO2 discharge and regasification terminal at LBC Tank Terminals in Baton Rouge, Louisiana. |
| 2024 | Ownership Changes | In June, the company was acquired by Saltchuk Resource Inc. |
| 2023 | Asset Purchase | In November, the company acquired the Alaskan Frontier for US$20 million. |
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 | 1,286 | 5,414 | 85 | - | 15 |
| Entity Type | Private | Public | Public | Public | Public |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Douglas D. Wheat | Chairman | Executive Board | 2014 | - |
| Samuel H. Norton | Chief Executive Officer; Director | Executive Board | 2016 | - |
| Timothy DiPietropolo | President; Chief Operating Officer | Senior Management | 2024 | - |
| Susan Allan | General Counsel; Secretary; Vice President | Senior Management | 2016 | - |
| Daniel Campbell | Vice President - Finance | Senior Management | 2025 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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