Overseas Shipholding Group (OSG) has completed the separation of its fleet into two publicly traded companies.
The New York-listed tanker owner enters this new chapter with the spin-off of its international shipping business.
Sam Norton, OSG’s president of the US flag strategic business unit, said: “Today marks the start of an exciting new chapter for OSG.
“We are now a more sharply focused company with a leading and diversified position in the Jones Act market.”
Spin-off
