Overseas Shipholding Group Archives - Page 4 of 5

OSG reports profitable second quarter

7 August 2020

U.S.-flag tank vessel operator Overseas Shipholding Group, Inc. (NYSE: OSG) reported second quarter results that included net income of $6.4 million, compared with a net loss of $1.7 million for the second quarter of 2019. Shipping revenues were $114.5 million, up 29.5% compared with last year’s second quarter 2019. Time charter equivalent (TCE) revenues were $100.4 million, up 22.3% compared with the second quarter of 2019.

“Under the continuing disruptive influence of the COVID-19 pandemic, it...

https://www.marinelog.com/shipping/markets/osg-reports-profitable-second-quarter/

Overseas Shipholding Group takes delivery of tanker barge

3 June 2020

Overseas Shipholding Group (OSG) took delivery of a new 204,000-barrel capacity oil and chemical tank barge on Friday, May 29. Named OSG 204, the Greenbrier Marine-built ..

https://www.bairdmaritime.com/ship-world/tanker-world/overseas-shipholding-group-takes-delivery-of-tanker-barge/

Giant Tier III-compliant ATB joins OSG’s fleet

2 June 2020

U.S.- based tanker company Overseas Shipholding Group (OSG) has taken delivery of the OSG […] The post Giant Tier III-compliant ATB joins OSG’s fleet appeared first on Offshore Energy.

https://www.offshore-energy.biz/giant-tier-iii-compliant-atb-joins-osgs-fleet/

OSG Secures Loan to Finance Jones Act ATB Newbuild

31 March 2020

Overseas Shipholding Group (OSG) closes a USD 33,150,000 loan to finance its new oil and chemical ATB.

https://worldmaritimenews.com/archives/293484/osg-secures-loan-to-finance-jones-act-atb-newbuild/

OSG Wraps Up ATC Acquisition, Tanker Purchase

13 March 2020

Overseas Shipholding Group (OSG) completes the acquisition of Alaska Tanker Company (ATC).

https://worldmaritimenews.com/archives/292505/osg-wraps-up-atc-acquisition-tanker-purchase/

OSG to Take Full Ownership of Alaska Tanker Company

27 December 2019

OSG pens deals to purchase crude oil carrier vessels operated by Alaska Tanker Company.

https://worldmaritimenews.com/archives/288634/osg-takes-full-ownership-of-alaska-tanker-company/

Overseas Shipholding Extends Charters for American Shipping Company’s Tanker Quartet

12 December 2019

OSG has exercised options to extend its bareboat charter deals for four AMSC tankers.

https://worldmaritimenews.com/archives/287890/overseas-shipholding-extends-charters-for-american-shipping-companys-tanker-quartet/

OSG Anticipates Reflagging Tanker Newbuilds Under U.S. Registry

3 October 2019

Overseas Shipholding Group has taken delivery of two Korean-built product tankers which the company anticipates will join the U.S. flag after an initial one-year charter. The two 50,000 DWT tankers, named Overseas Gulf Coast and Overseas Sun Coast, were delivered this week by Hyundai Mipo Dockyard...

http://feedproxy.google.com/~r/Gcaptain/~3/V8qkz62vQaM/

MR2 Newbuild Pair Handed Over to OSG

2 October 2019

Overseas Shipholding Group takes delivery of two 50,000 dwt product and chemical tankers in Korea.

https://worldmaritimenews.com/archives/284109/mr2-newbuild-pair-handed-over-to-osg/

OSG exercises option for second 204,000 bbl. tank barge

21 June 2019

Overseas Shipholding Group Inc. (OSG), a provider of energy transportation services for crude oil and petroleum products in the U.S. Flag markets, announced that it has exercised an option to construct a second 204,000 bbl. oil and chemical ATB barge at Gunderson Marine LLC (GM), Portland, Ore.

The barge, scheduled for delivery in the second half of 2020, will be designed and built to be paired with one of the company’s existing tugs, replacing a rebuilt barge unit which is expected to be phased...

https://www.workboat.com/news/shipbuilding/osg-exercises-option-for-second-204000-bbl-tank-barge/

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