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Home > Company Index > Transportation > Shipping > Overseas Shipholding Group, Inc.

Overseas Shipholding Group, Inc.
NYSE: OSG
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 PROFILE
The Overseas Shipholding Group (OSG) flies the flag for many countries. It owns and operates an international fleet of oceangoing bulk cargo vessels, about three-fourths of which are registered under foreign flags. The company charters its fleet, which consists of more than 40 ships, to commercial shippers and government agencies for carrying oil (about 85% of its voyage revenues), coal, iron, and grain. The company also participates in Alaska Tanker Company, which hauls Alaskan crude oil. Oil giant BP holds a 25% stake in Alaska Tanker, and Keystone Shipping and OSG each own 37.5%. OSG is investing $750 million to add 16 vessels to improve its fleet.

 COMPETITION
Crowley Maritime Corporation (dossier)
International Shipholding Corporation (ISH)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 467.60
1-Yr. Sales Growth: 33.4%
Employees: 1,570
Revenue per employee: $297,834.39

 KEY PEOPLE
• Morton P. Hyman
    CEO
• Myles R. Itkin
    CFO

 CONTACT INFO
511 5th Ave.
New York, NY 10017
US
Phone: 212-953-4100
Fax: 212-578-1832
Online: Web Site

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