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Overseas Shipholding Group, Inc. Announces Financing for Newbuild Jones Act Barge

PRIVATENov 24, 2020

Round Type

Funding Round

TampaTransportation

Description

Overseas Shipholding Group, Inc. (NYSE: OSG) announces that it has closed on a $49,150,000 loan for a term of 7 years. OSG’s subsidiaries, OSG 205 LLC and OSG Courageous II LLC, obtained the loan to finance one new 204,000 barrel U.S. Flag oil and chemical ATB barge, the OSG 205, and to refinance the tug to which the barge is being paired, the OSG Courageous

Quick answer

Overseas Shipholding Group, Inc. raised an undisclosed amount in a Funding Round round, dated November 24, 2020. Overseas Shipholding Group, Inc. is based in Tampa, Florida, United States.

How much did Overseas Shipholding Group, Inc. raise?
Overseas Shipholding Group, Inc. raised an undisclosed amount in a Funding Round round on November 24, 2020.
What does Overseas Shipholding Group, Inc. do?
Overseas Shipholding Group, Inc. (OSG) is a leading provider of liquid bulk transportation services in the energy industry for crude oil and petroleum products, primarily in the U.S. Flag markets.
Where is Overseas Shipholding Group, Inc. based and how big is it?
Overseas Shipholding Group, Inc. is based in Tampa, Florida, United States. Fundz records about 58 employees.
Who are the decision-makers at Overseas Shipholding Group, Inc?
Fundz holds 1 contact at Overseas Shipholding Group, Inc. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Transportation around the same time

Companies in the same sectors as Overseas Shipholding Group, Inc. that raised within 45 days of this round, from Fundz verified event records.

  • Tactile Mobility raised an undisclosed amount (Corporate Round) on January 7, 2021.
  • Bolt raised $67M on January 5, 2021.
  • Glydways raised $6.8M on December 17, 2020.
  • Stord raised $32M on December 4, 2020.
  • 48forty Solutions raised an undisclosed amount (Private Equity) on December 1, 2020.
  • Position Imaging raised $3.8M on November 12, 2020.

Who to call at Overseas Shipholding Group, Inc., and when

A new round usually means Overseas Shipholding Group, Inc. is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Overseas Shipholding Group, Inc. raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Overseas Shipholding Group, Inc., from your own LinkedIn network

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Company Information

Company

Overseas Shipholding Group, Inc.

Location

Tampa, Florida, United States

About

Overseas Shipholding Group, Inc. (OSG) is a leading provider of liquid bulk transportation services in the energy industry for crude oil and petroleum products, primarily in the U.S. Flag markets. OSG has a strong cultural fit with Saltchuk and is known for its Jones Act business, longstanding customer relationships, and value creation over the past several years.

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Related People

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Overseas Shipholding Group, Inc. raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.