America’s largest tanker owner, Overseas Shipholding Group (OSG) is maintaining its fleet modernisation programme, evidenced by its newbuilding schedule and occasional secondhand purchase. In the last few years OSG has kept alive the country’s last surviving shipyard for large merchant ship construction at Aker Philadelphia. The builder is currently working through a long series of 45,600 dwt products carriers under its own ownership, but bareboat chartered and managed by OSG with pu....

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