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Overseas Shipholding Group, Inc. · New York, NY United States ·(NYSE: OSG)

Company Description

666 3rd Ave.
New York, NY
10017
United States (Map)
Phone: 212-953-4100
Fax: 212-578-1832
Rankings
  • S&P 400
  • Dow Jones Transports
Overseas Shipholding Group (OSG) flies the flags of many nations. The marine transportation company's fleet, made up mainly of crude oil tankers and product carriers, includes vessels registered in the US and in a number of other countries. Through both long-term and spot market contracts, the company charters its fleet to commercial shippers and government agencies. Overall, the OSG fleet consists of more than 120 vessels with a capacity of about 12 million deadweight tons (DWT). Transportation of crude oil and refined petroleum products accounts for the vast majority of the company's business, but OSG also transports liquefied natural gas (LNG). To read the full description, subscribe now.
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Key Overseas Shipholding Group, Inc. Financials

Company TypePublic - NYSE: OSG

Headquarters
Fiscal Year-EndDecember
2008 Sales (mil.)$1,704.7
2008 Employees3,774

Overseas Shipholding Group, Inc. Executives

26 executives listed for Overseas Shipholding Group, Inc.'s New York, NY location.
TitleName & BioContact
ChairmanMichael ZimmermanNetwork
President, CEO, and DirectorMorten ArntzenNetwork
EVP, CFO, and Treasurer; President and CEO AmericaMyles ItkinNetwork

Competition

Competitive Landscape for Overseas Shipholding Group, Inc.
Demand is driven by macroeconomic trends in global imports and exports. The profitability of individual companies depends on efficient operations and a good safety record. Large companies have advantages in fleet size and port access. Small companies can compete effectively by chartering services out of smaller ports and transporting unusual cargo. Average annual revenue per worker for a typical company is nearly $500,000. The global shipping industry transports over 90 percent of the world's total commerce, according to the International Shipping Federation (ISF). Deep sea shipping is a highly competitive industry; however, competition from other forms of transportation is limited. To read the full description, subscribe now.
Top Overseas Shipholding Group, Inc. Competitors
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