Arntzen Appointed CEO of OSG

Monday, January 05, 2004
The Board of Directors of Overseas Shipholding Group, Inc. (OSG) announced the appointment of Morten Arntzen as the company's new President & CEO. Mr. Arntzen, who last served as CEO of American Marine Advisors, Inc., a U.S. based merchant banking firm specializing in the maritime industry, has extensive experience in the international shipping business. Arntzen, 48, will succeed OSG's long-time CEO, Morton P. Hyman, who recently retired at the end of this year. "I am honored and excited to assume the leadership of OSG, one of the world's premier tanker companies," said Mr. Arntzen. "Under the leadership of Mort Hyman, the Company has modernized its fleet, streamlined its operating cost structure and strengthened its balance sheet. He and his management team have built one of the best platforms for growth in the industry. I look forward to working with the management team to exploit OSG's unique strengths to build and enhance our business." OSG, headquartered in New York, is one of the largest tanker owners in the world and the leading U.S. based bulk shipping company. Its modern fleet comprises 53 vessels totaling 9 million deadweight tons, inclusive of vessels owned in joint ventures.
Maritime Reporter June 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Hornbeck Offshore Ride High on Q2 2014 Results

Hornbeck Offshore Services, Inc. has announced its financial results for the second quarter ended June 30, 2014.  Following are highlights for this period and excerpts

BAE Systems Awarded Two Navy Contract Modifications

The US Department of Defense informs it has awarded separate contracts to BAE Systems in Jacksonville and in Norfolk for ship repairs and modifications as follows: 1.

DW to Present at Upcoming Floating LNG 2014, Houston

Douglas-Westwood (DW) says that its manager in Houston, Andrew B. Meyers will be joining the speakers on the platform at the upcoming 27th-30th October 2014 'Floating

Environmental

Quality hat-trick for GAC Marine Logistics

Global ship spares logistics provider GAC Marine Logistics Inc. (GML) has secured ISO certifications in recognition of its Quality Management, Environmental

BMT Oceanica Wins Major Water Corporation Bid

Marine and coastal environment specialist, BMT Oceanica (BMT), a subsidiary of BMT Group Ltd, is delighted to announce that it has won the bid to provide Ocean

First Panels Installed at Australia’s Biggest Solar Plant

The Australian Renewable Energy Agency today celebrated a major milestone with the installation of the first solar panels at AGL’s large-scale solar plant in Nyngan, NSW.

 
 
Maritime Contracts Maritime Security Naval Architecture Navigation Pod Propulsion Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1515 sec (7 req/sec)