Press release content from Business Wire. The AP news staff was not involved in its creation.
Overseas Shipholding Group Announces the Release of Its 2020 Sustainability Report
April 14, 2021 GMT
TAMPA, Fla. (BUSINESS WIRE) Apr 14, 2021
Overseas Shipholding Group, Inc. (NYSE: OSG) (the “Company” or “OSG”) today announced that it has published its Sustainability Report for the fiscal year ended December 31, 2020. The report includes information relating to the Company’s efforts on environmental, social, and corporate governance practices over the years and specifically during 2020. The Sustainability Report can be found on the Company’s website at www.osg.com/safety-environment.
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Press release content from Business Wire. The AP news staff was not involved in its creation.
Overseas Shipholding Group Reports Fourth Quarter and Full Year 2020 Results
April 7, 2021 GMT
TAMPA, Fla. (BUSINESS WIRE) Apr 7, 2021
Overseas Shipholding Group, Inc. (NYSE: OSG) (the “Company” or “OSG”), a provider of energy transportation services for crude oil and petroleum products in the U.S. Flag markets, today reported results for the fourth quarter and full year 2020.
Highlights
Net income for the full year 2020 was $30.0 million, or $0.33 per diluted share, compared with $8.7 million, or $0.10 per diluted share for the full year 2019.
Net loss for the fourth quarter was $844 thousand, or $(0.01) per diluted share, compared with net income of $11.0 million, or $0.12 per diluted share, for the fourth quarter 2019.
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Overseas Shipholding Group, Inc. (NYSE: OSG) (the “Company” or “OSG”), a provider of energy transportation services for crude oil and petroleum products in the U.S. Flag markets, today reported results for the fourth quarter and full year 2020.
Highlights
Net income for the full year 2020 was $30.0 million, or $0.33 per diluted share, compared with $8.7 million, or $0.10 per diluted share for the full year 2019.
Net loss for the fourth quarter was $844 thousand, or $(0.01) per diluted share, compared with net income of $11.0 million, or $0.12 per diluted share, for the fourth quarter 2019.
Shipping revenues for the fourth quarter 2020 were $97.5 million, down 0.9% compared with the fourth quarter 2019. Shipping revenues for the full year 2020 were $418.7 million, up 17.8% compared with the full year 2019.