Beer money, banking and secrets to Sammy Ofer’s success. Charting the career of OSG boss Sam Norton

When Sam Norton took the helm of Overseas Shipholding Group in 2016, the company had exited bankruptcy and spun off the international-flagged tanker fleet that represented most of its business.

As the OSG chief executive recalled in an interview, chairman Doug Wheat had asked him to set up a management team, “figure out what to do” with what was now a pure-play US-flagged tanker company and position the New York-listed shipowner to be sold.