Overseas Shipholding Group

New York, United States Founded: 1948 • Age: 78 yrs Acquired By Saltchuk
Energy transportation services are provided via a U.S.-flagged fleet.
Annual revenue - Latest available
Total funding $1.6B 4 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products 2 Services tracked
Competitors - Brand Intelligence

About Overseas Shipholding Group

Overseas Shipholding Group is a company based in New York (United States) founded in 1948 was acquired by Saltchuk in May 2024. Overseas Shipholding Group has raised $1.59 billion across 4 funding rounds from investors including Wintrust, DOE and Saltchuk. Overseas Shipholding Group has completed 1 acquisition, including Alaska Tanker Company. Overseas Shipholding Group offers products and services including Energy Transportation and Fleet Management.

  • Headquarter New York, United States
  • Stage Public
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Overseas Shipholding Group, Inc
Operational Areas
Not available
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $1.59 B (USD)

    in 4 rounds

  • Latest Funding Round
    $3 M (USD), Grant

    Apr 22, 2024

  • Investors
    Wintrust

    & 2 more

  • Employee Count
    Not available
  • Investments & Acquisitions
  • Acquired by
    Saltchuk

    & 1 more

    (May 20, 2024)

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Products & Services of Overseas Shipholding Group

Overseas Shipholding Group offers a comprehensive portfolio of products and services, including Energy Transportation and Fleet Management.

Product name locked
Category locked
Primary

Crude oil and petroleum products are transported by Overseas Shipholding Group using a fleet of vessels.

Product name locked
Category locked
Locked

A fleet of vessels is managed by Overseas Shipholding Group with an emphasis on safety, maintenance, and environmental standards.

People of Overseas Shipholding Group

Headcount 1000-5000
Employee Profiles 26
Board Members and Advisors 5
Employee Profiles
People
Dustin Magner
Chief Officer
People
Damon M. Mote
VP & Chief Administrative Officer
People
Samuel H. Norton
President & CEO
People
Tammie Dawson
Assistant Controller

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Board Members and Advisors
people
Rebecca K. DeLaet
Director
people
Douglas D. Wheat
Chairman
people
John P. Reddy
Director
people
Joseph I. Kronsberg
Non-Employee Director

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Funding Insights of Overseas Shipholding Group

Overseas Shipholding Group has successfully raised a total of $1.59B across 4 strategic funding rounds. The most recent funding activity was a Grant round of $3 million completed in April 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Overseas Shipholding Group

Overseas Shipholding Group has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Wintrust, DOE and Saltchuk.

All
Institutional
Investor Description Founded Year Domain Location
Energy sources and policies are managed by the DOE.
Locked Locked Locked
Bank offering diversified financial services
Locked Locked Locked
Manages transportation companies for air cargo, shipping, and energy distribution services.
Locked Locked Locked
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Investor details for Overseas Shipholding Group

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  • Participation history

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Investments & Acquisitions by Overseas Shipholding Group

Overseas Shipholding Group has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Alaska Tanker Company.

Investments
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Investment portfolio details for Overseas Shipholding Group

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Ship operation and maintenance services are provided globally.
Locked Locked 1999 Locked
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Complete acquisition details for Overseas Shipholding Group

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Financial Statements - Overseas Shipholding Group

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Detailed financials for Overseas Shipholding Group

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Overseas Shipholding Group Comparisons

Overseas Shipholding Group Primary company
Description
Energy transportation services are provided via a U.S.-flagg...
Location
New York, United States
Founded Year
1948
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Overseas Shipholding Group

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Competitors of Overseas Shipholding Group

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Detailed competitors of Overseas Shipholding Group

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Latest news on Overseas Shipholding Group

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Frequently Asked Questions about Overseas Shipholding Group

Overseas Shipholding Group was founded in 1948 and raised its 1st funding round 66 years after it was founded.

Overseas Shipholding Group is headquartered in New York, United States. It is registered at New York, New York, United States.

Samuel Norton is the current CEO of Overseas Shipholding Group.

Overseas Shipholding Group is a funded company, having raised a total of $1.59B across 4 funding rounds to date.

Founded in 1948 and headquartered in New York, United States, the company operates in the maritime energy transportation sector. A fleet of vessels is maintained to transport crude oil, petroleum products, and renewable fuels for oil and gas companies, refiners, and traders. Operations emphasize safe, efficient delivery while adhering to high environmental and safety standards across U.S.-flagged routes.

Overseas Shipholding Group offers Energy Transportation and Fleet Management.

Overseas Shipholding Group has made 1 acquisition, including Alaska Tanker Company.

Overseas Shipholding Group has 3 investors. Key investors include Wintrust, DOE, and Saltchuk.

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