Overseas Shipholding Group, Inc. and its subsidiaries own and operate a fleet of oceangoing vessels engaged in the transportation of crude oil and petroleum products in the
International Flag and the United States Flag trades. The Company operates through three segments: International Crude Tankers, International Product Carriers and U.S. Flag Fleet Operations (U.S. Flag). Its International Crude Tankers segment is made up of an ultra large crude carrier (ULCC) and a fleet of very large crude carriers (VLCCs), Aframaxes and Panamaxes engaged in the transportation of unrefined petroleum. Its International Product Carriers segment consists of a fleet of medium ranges (MRs), long range 1 (LR1) and an LR2 engaged in the transportation of crude and refined petroleum products. Its U.S. Flag Fleet consists of approximately 20 owned and chartered-in Jones Act Handysize Product Carriers and articulated tug barges and over two non-Jones Act Handysize Product Carriers.
July 22, 1969
Douglas WheatChairman of the Board
Ian BlackleyPresident, Chief Executive Officer, Director
Lois ZabrockyCo- President, Head - International Flag Strategic Business Unit
Rick OricchioChief Financial Officer, Senior Vice President
James SmallSenior Vice President, General Counsel, Secretary
Samuel NortonSenior Vice President, Director, President and Chief Executive Officer of the U.S. Flag Strategic Business Unit
Adewale OshodiVice President, Controller
Geoffrey CarpenterVice President, Treasurer
1301 Avenue of the Americas New York, NY United States Phone: +1 212 251-1153 Fax: +1 302 674-5266 www.osg.com
Net income declined by 46.96%, year over year, to (U.S.)$0.32 per share during the most recently completed quarter. However, this was among the strongest results reported by any company in this industry.