Overseas Shipholding Group Donates $90,000 to Massachusetts Maritime Academy Foundation

Overseas Shipholding Group, Inc. reaffirms its commitment to fostering gender diversity in the maritime industry through a $90,000 three-year pledge to the Massachusetts Maritime Academy. The pledge supports undergraduate and sea term scholarships, along with sponsorship for the Academy’s Women’s Network and Sea, Science, and Leadership Career Exploration Program. Scholarship recipients gain valuable exposure to OSG’s business and fleet, fostering connections and opportunities in a non-traditional workplace. The OSG Scholarship Program aims to alleviate financial barriers and inspire young women to pursue a thriving career in the maritime sector.

Rear Admiral Francis X. McDonald, President of Massachusetts Maritime Academy, expresses gratitude for OSG’s generosity, highlighting the program’s role in creating broader access to maritime opportunities. The OSG Scholarship Program spans undergraduate and sea term scholarships, sponsorship of the Women’s Network Event, and support for the Sea, Science, and Leadership/Maritime Career Exploration Program for high school students.

Sam Norton, OSG’s President and CEO, emphasizes the company’s vision to make life at sea a viable option for young women. This partnership with Massachusetts Maritime Academy builds on OSG’s ongoing efforts to support women in the industry. Norton underscores OSG’s commitment to the industry’s longevity and sustainability, citing programs like the OSG Scholarship Program as crucial for increasing the representation of women at sea.

The scholarships will promote a variety of financial aid efforts offered by Massachusetts Maritime Academy. Eligible recipients, which include current academy students, high school students, and alumni, are encouraged to apply. More information on the scholarships will be made available on the Massachusetts Maritime Academy’s website at https://www.maritime.edu/financial-aid/undergraduate-aid/awards.

About Overseas Shipholding Group, Inc

Overseas Shipholding Group, Inc. (NYSE: OSG) is a publicly-traded company providing liquid bulk transportation services in the energy industry for crude oil and petroleum products in the U.S. Flag markets. OSG is a major operator in the Jones Act industry and in the Tanker Security Program. OSG’s U.S. Flag fleet consists of Suezmax crude oil tankers doing business in Alaska, conventional and lightering ATBs, shuttle and conventional MR tankers, and non-Jones Act MR tankers that participate in the U.S. Tanker Security Program.

OSG is committed to setting high standards of excellence for its quality, safety and environmental programs. OSG is recognized as one of the world’s most customer-focused marine transportation companies and is headquartered in Tampa, FL.

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