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accused CEO Morten
Arntzen and CFO Miles Itkin of falsifying financial statements. In 2017, the company paid a $ 75,000 fine to the SEC to settle the securities fraud allegations. Former CFO Miles Itkin also paid a separate $ 75,000 fine. The executives were sued by OSG and agreed to pay a $ 16.25
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In the 1990s, OSG began to acquire luxury cruise liners. In 1995, the cruise ships resulted in losses of over $ 12 million to OSG. As a result of the losses,
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In 2016, as part of its restructuring, OSG spun-off its large international fleet and business, concentrating solely on its U.S. flag business.
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In July 2024 its stock was delisted from the NYSE as the company was acquired by the private company
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302:""Bloomberg": Rafael Recanati Dismissed Son from Family Shipping Co Management - Globes English"
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The international activities and fleet were re-incorporated into a new company,
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143:, the son of Raphael Recanati, was reported to have been forced to leave OSG.
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208:, since 2020 a wholly-owned subsidiary of Overseas Shipholding Group, Inc.
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430:"Saltchuk Welcomes Overseas Shipholding Group to Its Family of Companies"
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The Way of the Ship: America's
Maritime History Reenvisoned, 1600-2000
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405:"Overseas Shipholding investors settle lawsuit with execs, others"
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Roland, Alex; Bolster, W. Jeffrey; Keyssar, Alexander (2008).
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The company filed for
Chapter 11 bankruptcy in 2012 after the
381:"OSG to pay small fine after SEC finds it guilty of fraud"
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Companies formerly listed on the New York Stock
Exchange
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Companies that filed for
Chapter 11 bankruptcy in 2012
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227:"Company Overview of Overseas Shipholding Group, Inc"
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184:, Inc., based in New York City, and listed on the
154:with nearly 900 sea and shore-based employees.
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173:Spin-off of international business and fleet
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121:, United States, and was founded in 1948.
105:is the operator of a fleet of twenty-four
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635:Transport companies established in 1948
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280:. John Wiley & Sons. p. 401.
146:OSG has offices in Tampa, Florida and
490:United States-flag shipping companies
7:
132:to transport oil from Alaska to the
16:United States-flag shipping company
14:
625:Companies based in Tampa, Florida
508:American Roll-on Roll-off Carrier
124:In 1969, under the leadership of
249:"Corporate Profile: Fast Facts"
655:1948 establishments in Florida
573:Waterman Steamship Corporation
1:
361:"OSG Sails out of bankruptcy"
308:(in Hebrew). 7 November 1996
162:million settlement in 2015.
94:Overseas Sophie in dock in
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553:Overseas Shipholding Group
103:Overseas Shipholding Group
20:Overseas Shipholding Group
640:Tanker shipping companies
582:Tug and barge operators
186:New York Stock Exchange
128:, OSG began acquiring
99:
98:, Little Belt, Denmark
503:Alaska Tanker Company
251:. OSG. Archived from
206:Alaska Tanker Company
182:International Seaways
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543:Maersk Line, Limited
188:(NYSE) under ticker
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44:Maritime transport
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533:Keystone Shipping
432:(Press release).
113:. It is based in
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589:Crowley Maritime
518:Crowley Maritime
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453:Official website
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436:. July 10, 2024.
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411:. August 7, 2015
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385:fairplay.ihs.com
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369:. 7 August 2014.
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141:Michael Recanati
126:Raphael Recanati
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255:on 9 April 2013
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445:External links
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366:Bloomberg News
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349:. August 2023.
346:Bloomberg News
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67:Tampa, Florida
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558:Pasha Hawaii
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413:. Retrieved
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388:. Retrieved
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257:. Retrieved
253:the original
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231:. Retrieved
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130:tanker ships
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63:Headquarters
229:. Bloomberg
107:oil tankers
619:Categories
415:2018-01-03
390:2018-01-03
312:2018-01-06
213:References
111:tug-barges
96:Fredericia
35:: OSG
327:"Contact"
233:3 January
27:Traded as
528:Gensteam
341:"Stocks"
200:See also
167:Saltchuk
152:Delaware
134:lower 48
109:and oil
48:shipping
40:Industry
563:Sealift
409:Reuters
192::
119:Florida
73:Website
55:Founded
548:Matson
306:Globes
284:
259:29 May
148:Newark
599:Kirby
115:Tampa
282:ISBN
261:2013
235:2018
194:INSW
190:NYSE
82:.com
80:.osg
58:1948
33:NYSE
513:APL
159:SEC
78:www
621::
407:.
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304:.
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169:.
150:,
117:,
483:e
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469:v
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329:.
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237:.
50:)
46:(
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
