OSG is the only major tanker company with a significant International Flag and U.S. Flag fleet
OSG is one of the largest commercial owners and operators of Jones Act vessels in the United States with a trading presence in all four U.S. coastwise markets: intra-U.S. Gulf, U.S. Gulf to the West Coast, U.S. Gulf to the East Coast and the Alaska North Slope. The Company's owned, operated and newbuild U.S. Flag fleet is made up of handysize Product Carriers and Articulated Tug Barges.
"Our Commitment to America" feature video tells the story of OSG's investment and support to strengthen the U.S. Flag Fleet, the Jones Act and the American shipbuilding industry
As a U.S.-based company, OSG’s U.S. Flag fleet trades in the Jones Act, a cabotage trade established in the 1920s that requires vessels transporting cargo between contiguous U.S. ports to be U.S. built, registered, owned and operated; manned by U.S. citizens and to fly the U.S. Flag. A dedicated U.S. fleet and robust maritime industry is critical for homeland security.
OSG is a vital part of the revitalization of U.S. shipbuilding through its investment and expansion in the U.S. marine industry. Since the enactment of the Jobs Creation Act of 2004, the Company has increased its investment by more than $2.5 billion. The Company’s U.S. Flag fleet totals 24 operating and newbuild vessels.Entrance into U.S. Shuttle Tanker Trade
In November 2007, OSG was awarded the first contract to supply U.S. Flag shuttle tankers to transport oil from Floating Production Storage and Offloading (FPSO) facilities at the Chinook and Cascade ultra-deepwater fields in the Walker Ridge area of the Gulf of Mexico. Operations will commence in mid 2011.
Newbuild Order with Aker Philadelphia Shipyard
Minority Interest Investment
For more information about the U.S. Jones Act market, click here.