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Sam Norton News

10 Jan 2024

OSG Pledges $90,000 to Mass. Maritime Academy Foundation

(Photo Overseas Shipholding Group)

Overseas Shipholding Group (OSG) announced a three-year pledge in the amount of $90,000 to the Massachusetts Maritime Academy as the US. shipping company continues to promote women to receive training to enter the maritime industry.OSG said its pledge will go to undergraduate and sea term scholarships and sponsorship of the Academy’s Women’s Network and Sea, Science and Leadership Career Exploration Program. Scholarship recipients will have ongoing interaction with OSG and the opportunity to become familiar with OSG’s business and fleet of vessels.

21 Dec 2023

OSG to Upgrade Engines on Its Alaska Class Tankers

(Photo: MAN Energy Solutions)

U.S. shipping company Overseas Shipholding Group announced it will upgrade all four vessels in its Alaskan Class fleet with new methanol-ready engines from MAN Energy Solutions.The vessels Alaskan Explorer, Alaskan Frontier, Alaskan Legend and Alaskan Navigator, all approaching 20 years in age, will receive significant engine and operational improvements, resulting in environmental benefits as well as extending their commercially useful life, OSG said.The lifecycle engine upgrades involve a series of technical and commercial enhancements…

12 Oct 2023

OSG Buys Laid Up Jones Act Tanker from BP

U.S. shipping company Overseas Shipholding Group, Inc. (OSG) on Thursday announced it has reached an agreement with BP Oil Shipping Company to purchase the Jones Act compliant crude oil tanker Alaskan Frontier.Built by General Dynamics NASSCO in 2004, the 1.3-million-barrel capacity tanker is a sister to three other Alaskan Class vessels operated by OSG’s wholly owned subsidiary, Alaskan Tanker Company. It was part of Alaska Tanker Company's active fleet  until 2019 when the vessel was placed in cold lay-up in Labuan, Malaysia.OSG said it expects the transaction will be completed in early November. Afterward, the company intends to reactivate the tanker…

28 Sep 2023

OSG Pledges $30,000 for Women Offshore Scholarships

© EduLife Photos / Adobe Stock

Tampa, Fla. based shipping company Overseas Shipholding Group, Inc. (OSG) continues its efforts to remove financial barriers for women entering the maritime industry with a scholarship pledge in the amount of $30,000. The scholarship funds will be used to support the Women Offshore Foundation’s 2024 Summer Sea Term Scholarship Program that is designed to help women+ enrolled at a U.S. maritime academy with financial support while they pursue a career on the water. This scholarship pledge is in addition to the $30…

24 Jul 2023

OSG Pledges $90,000 for Women at SUNY Maritime College

(Photo: Overseas Shipholding Group)

U.S.-based shipping company Overseas Shipholding Group (OSG) announced its support for women at SUNY Maritime College with a three-year pledge totaling nearly $90,000, in an effort to make strides in reducing the gender gap in the maritime industry and create equal opportunities for all. The funding will go towards scholarships for women and a student government organization at the college, Women of Maritime, which cadets launched to build community and bring more awareness to…

21 Jun 2023

Military Sealift Command Awards Time Charter to Overseas Mykonos

Florida-based Overseas Shipholding Group, Inc. (OSG) has announced that the Military Sealift Command has awarded the Overseas Mykonos a time charter contract to provide ongoing fuel transportation services.The Overseas Mykonos will be delivered to the Military Sealift Command at Pearl Harbor in August. The time charter awarded is for a one-year base period with the option to extend the contract out to a maximum period of five and a half years.The vessel, built in 2010, is a medium range product tanker with 12 cargo tanks and a cargo capacity of 333,000 barrels. The ship has the ability to perform consolidated cargo replenishment at sea operations, providing flexibility and options for refueling the U.S. military fleet while underway.

13 Jun 2023

OSG Crews Make Two At-sea Rescues in 18-hour Span

(Photo: Overseas Shipholding Group)

U.S. based shipping company Overseas Shipholding Group (OSG) said crews aboard two of its vessels rescued a total of six individuals in two separate incidents occurring within 18 hours of each other.On the evening of May 30, 2023, the crew of the Overseas Santorini, as well as two other vessels, were notified by U.S. Coast Guard Norfolk of a sailing vessel in distress in the middle of the Atlantic Ocean. The closest point of land was the Azores approximately 800 miles to the East.

12 Apr 2023

MARAD Approves First Ships for Its Tanker Security Program

(Photo: Overseas Shipholding Group)

The U.S. Maritime Administration (MARAD) has approved the first vessels for participation in its Tanker Security Program (TSP), a newly created public-private partnership program that makes U.S.-flag commercial product tankers available to support U.S. armed forces.Modeled from MARAD's Maritime Security Program (MSP), the TSP assures the Department of Defense has access to U.S.-registered product tankers that may be used to supply the armed forces with fuel during times of armed conflict or national emergency.

06 Apr 2023

OSG Crew Rescues 12 people in Gulf of Mexico

Source: OSG

Florida’s Overseas Shipholding Group (OSG) has applauded the efforts of the crew of its vessel the Overseas Long Beach in rescuing 12 people on a vessel in distress.The Overseas Long Beach was on a voyage from Corpus Christi to Jacksonville when it found the boat. The people appeared to be out of food, water, and fuel and in need of medical assistance. In coordination with the U.S. Coast Guard (USCG) Sector New Orleans, the Master and crew of the Overseas Long Beach established communication with the distressed vessel…

04 Dec 2020

New Tank Barge Delivered to OSG

(Photo: Greenbrier Marine)

Greenbrier Marine, a division of The Greenbrier Companies, Inc. announced the delivery of OSG 205, a 204,000-barrel capacity oil and chemical tank barge for dual-mode ITB service pursuant to U.S. Coast Guard NVIC 2-81, Change 1. The barge was delivered to Overseas Shipholding Group, Inc. (OSG), a  provider of energy transportation services delivering crude oil and petroleum products throughout the U.S. and internationally. OSG 205 was paired with existing tug OSG Courageous.The new tank barge is the second that Greenbrier Marine has delivered to OSG this year…

02 Jun 2020

Greenbrier Delivers New Tank Barge to OSG

The OSG 204, paired with the tug OSG Endurance, underway on the Willamette River following her delivery on May 29 (Photo: Greenbrier)

Greenbrier Marine announced Tuesday it has delivered OSG 204, the first of two new 581-foot, 204,000-barrel-capacity oil and chemical tank barges for Overseas Shipholding Group, Inc. (OSG). The second barge is schedule to be delivered during the fourth quarter of 2020.The new barge OSG 204 will be operated for dual-mode integrated tug-barge (ITB) service pursuant to U.S. Coast Guard NVIC 2-81, Change 1. The unit is paired with an existing tug within the OSG fleet, the OSG Endurance, and will travel to the Gulf of Mexico to service the Jones Act trade.

30 Dec 2019

OSG Acquires Alaska Tanker

Overseas Shipholding Group, the tanker company providing energy transportation services for crude oil and petroleum products in the U.S. Flag markets, has entered into agreements with BP Oil Shipping Company USA and BP AMI Leasing to purchase the crude oil carrier vessels operated by Alaska Tanker Company (ATC).OSG currently owns a 37.5% interest in ATC. As part of the above transaction, OSG will acquire the remaining 62.5% interest of ATC that it does not own.According to the publicly traded tanker company, the agreements provide for deposits equal to 20% of the purchase price to be paid upon their execution, with the balance of the consideration to be paid at closing.Closing of the purchases is subject to various conditions…

12 Dec 2019

OSG Extends AMSC Charters for Tanker Quartet

Florida-based tanker shipping company Overseas Shipholding Group (OSG) has exercised options to extend its bareboat charter agreements with Norwegian-American shipowner American Shipping Company (AMSC) for four vessels currently under charter from AMSC.The New York-listed Jones Act player said each bareboat charter agreement was extended for additional three-year terms, commencing from December 2020 and ending in December 2023.OSG previously exercised its options to extend charter agreements for all of the six other vessels that it leases from AMSC. As a result, all ten bareboat charter agreements with AMSC have now been extended for additional periods.OSG’s CEO Sam Norton said…

02 Oct 2019

HMD Delivers Newbuild Pair to OSG

Florida-based tanker shipping company Overseas Shipholding Group (OSG) has taken delivery of two 50,000 dwt class product and chemical tankers at Hyundai Mipo Dockyard in Ulsan, South Korea.The tankers, named the Overseas Gulf Coast and Overseas Sun Coast, were built to comply with MARPOL Annex VI Regulation 13 Tier III standards regarding nitrogen oxide emissions within emission control areas.In addition, each vessel is fitted with an exhaust gas cleaning system, often referred to as a “scrubber”, to meet the standards of MARPOL Annex VI Regulation 14 standards regarding sulfur oxide emissions. Present for the christening at the shipyard in Ulsan…

03 Jan 2019

Overseas Shipholding Group Enters New Bareboat Charter

Florida-based oil tanker operator  Overseas Shipholding Group (OSG) has entered into a Bareboat Charter Party Agreement with the owner of the vessel known as the Oregon Voyager.The provider of energy transportation services for crude oil and petroleum products in the U.S. Flag markets said in a press release that it will rename the 1999-built U.S. flagged product tanker the Overseas Key West and intends to use this vessel in the U.S. coastwise trade under the Jones Act.The Bareboat Charter extends for 10 years, into 2029. OSG will undertake the vessel’s fourth special survey following the vessel’s expected delivery and expects the vessel to commence commercial operations during the second quarter of 2019.Sam Norton…

11 Dec 2018

OSG Extends Charter of AMSC's Nine Tankers

Florida-based provider of energy transportation services delivering crude oil and petroleum products Overseas Shipholding Group (OSC) and American Shipping Company (AMSC) jointly announced that OSG has exercised options to extend its charter agreements with AMSC for nine vessels currently under charter from AMSC.AMSC is a  Norwegian-American shipping and shipyard company and part of the Aker Group."A Charter agreements for five of the vessels were extended for additional three-year terms, commencing from December 2019 and ending in December 2022. The charter agreements for four vessels were extended for one-year terms commencing from December 2019 and ending in December 2020…

31 Jul 2018

OSG Orders Tank Barge from Gunderson Marine

Portland, Ore. shipbuilder Gunderson Marine announced today that it has secured an order from Tampa. Fla. based energy transportation firm Overseas Shipholding Group, Inc. (OSG) for the construction of a 204,000 barrel capacity tank barge for delivery in the second quarter of 2020. The agreement also includes an option to build a second sister barge which would have a scheduled delivery date during the fourth quarter of 2020.The state-of-the-art 581' oil and chemical tank barge will be constructed to pair with existing tugs within OSG's current fleet for operation as an articulated tug barge (ATB) unit. OSG intends to register the barge under the U.S. Flag with a coastwise endorsement, allowing it to be employed in Jones Act trades.The tank barge for dual mode ITB service pursuant to U.S.

12 Feb 2013

Navy's First JHSV Visits St. Petersburg

USNS Spearhead: Photo credit USN

Military Sealift Command's (MSC) joint high-speed vessel, USNS 'Spearhead' visits the Port of St. Petersburg, FLA. U.S. Rep. C.W. Bill Young, Mayor Bill Foster and other distinguished visitors from St. Petersburg joined Navy Chief of Information Rear Adm. John Kirby, Capt. Sam Norton, commander, MSC Atlantic, and Capt. Doug Casavant, the ship's civil service master, during an arrival ceremony in honor of the ship, its crew and the Navy. The three-day port call is primarily a working visit and an opportunity for senior officials and military personnel from U.S. Central Command and U.S.