About Overseas Shipholding Group
Overseas Shipholding Group is a company based in New York (United States) founded in 1948, and was acquired by Saltchuk in May 2024. It operates as an energy transportation services are provided via a U.S.-flagged fleet. 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. Its chief executive is Samuel Norton. Overseas Shipholding Group offers products and services including Energy Transportation and Fleet Management. Its legal entity is Overseas Shipholding Group, Inc.
Company details
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.
- Total Equity Funding$1.59B (USD)
in 4 rounds
- Latest Funding Round$3M (USD), Grant
Apr 2024
- InvestorsWintrust
& 2 more
- Investments & Acquisitions
- Acquired by
Products & Services of Overseas Shipholding Group
Overseas Shipholding Group offers a comprehensive portfolio of products and services, including Energy Transportation and Fleet Management.
Crude oil and petroleum products are transported by Overseas Shipholding Group using a fleet of vessels.
A fleet of vessels is managed by Overseas Shipholding Group with an emphasis on safety, maintenance, and environmental standards.
Apps and channels of Overseas Shipholding Group
its YouTube channel American Maritime Partnership has 478 subscribers and 30 videos.
Videos from Overseas Shipholding Group
The most watched videos on Overseas Shipholding Group's YouTube channel, American Maritime Partnership (478 subscribers). Click a video to play it here.
More on American Maritime Partnership.
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.
- Total Funding $1.59B
- Total Rounds 4
- Last Round Grant — $3M
- First Round $1.59B
(Jul 2014)
- Investors Count 2
All 4 funding rounds of Overseas Shipholding Group with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
3 investors in total: 3 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Energy sources and policies are managed by the DOE. | 1977 | energy.gov | - | |
Bank offering diversified financial services | 1991 | wintrust.com | Rosemont, United States | |
Manages transportation companies for air cargo, shipping, and energy distribution services. | 1982 | saltchuk.com | Seattle, United States |
Investor details for Overseas Shipholding Group
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
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People of Overseas Shipholding Group
32 people are tracked at Overseas Shipholding Group (10 in leadership, 5 in board & advisors, 17 in team).
| Name | Role | Group |
|---|---|---|
Samuel Norton | CEO & President | Leadership |
Dustin Magner | Chief Officer | Leadership |
Damon M. Mote | VP & Chief Administrative Officer | Leadership |
Samuel H. Norton | President & CEO | Leadership |
Tim Dipietropolo | President And Chief Operating Officer | Leadership |
Sam Shrake | Chief Engineer | Leadership |
Peggy Slater | Executive Assistant To CEO And CFO Office Manager | Leadership |
James Feyler | Chief Engineer | Leadership |
Eric Schreiber | Director, Operational Excellence | Leadership |
Susan Allan | VP, General Counsel & Corporate Secretary | Leadership |
Rebecca K. DeLaet | Director | Board & advisors |
Douglas D. Wheat | Chairman | Board & advisors |
John P. Reddy | Director | Board & advisors |
Gary E. Taylor | Non-Employee Director | Board & advisors |
Joseph I. Kronsberg | Non-Employee Director | Board & advisors |
Matt Beckley | Manager, Emergency Preparedness & Response / Company Security Officer | Team |
Tammie Dawson | Assistant Controller | Team |
Deborah Keblin | Corporate Paralegal | Team |
Gary Garrison | Senior Accountant | Team |
Gary Rodaway | Deputy Fleet Manager | Team |
12 more people are available in the full profile.
Complete people profiles for Overseas Shipholding Group
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
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.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Ship operation and maintenance services are provided globally. | aktanker.com | Beaverton, United States | 1999 | Dec 2019 | •••• |
Complete acquisition details for Overseas Shipholding Group
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Overseas Shipholding Group
7 dated milestones of Overseas Shipholding Group across 76 years, from founding to its latest funding, stage changes and deals.
- Founded Overseas Shipholding Group is founded.
- Funding First funding round of $1.6B.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Alaska Tanker Company.
- Exit Acquired by Saltchuk.
- Funding Latest funding round, Grant, of $3.0M.
- Exit Acquired by Saltchuk.
Web traffic of Overseas Shipholding Group
The website of Overseas Shipholding Group (osg.com) receives about 6.9K visits a month.
- Monthly visits6.9K
▲ 10.8% vs previous month
Websites whose visitors overlap most with Overseas Shipholding Group. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
liscr.com | liscr.com | 100% | – | #459,791 | – |
vanebrothers.com | vanebrothers.com | 100% | – | #3,319,541 | – |
| maersklinelimited.com | 100% | 142.9K | #341,651 | View details | |
| osgtool.com | 26% | 138.8K | #312,168 | View details |
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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. The company's 1st funding round was a Private Equity Round of $1.59B, raised on Jul 2014.
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 operates through Overseas Shipholding Group, Inc.
Yes. Overseas Shipholding Group was acquired by Saltchuk in July 2021.