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Ian Blackley Promoted to Senior Vice President at Overseas Shipholding Group
Tuesday, May 05, 2009 9:17 AM


Overseas Shipholding Group, Inc. (NYSE: OSG), a market leader in providing energy transportation services, today announced that Captain Ian T. Blackley has been promoted to Senior Vice President. Captain Blackley, 54, leads International shipping operations, which includes operational oversight and management of OSG’s 94 crude oil tankers, product carriers and LNG vessels that trade worldwide.

Morten Arntzen, President and CEO of OSG, said, “The most important strategic imperative at OSG is providing safe, clean, reliable, incident-free transportation services to our customers and Ian’s leadership and focus has raised the bar on doing so. The Company's steadfast commitment to the safety of our seafarers and the quality of our operation has been strengthened by Captain Blackley's promotion to Senior Vice President.”

Captain Ian T. Blackley was appointed Head of International Shipping Operations earlier this year. In this role he is responsible for the technical management of OSG’s International Flag fleet, which includes oversight of more than 3,200 seafarers and technical management and training operations based in Athens, Greece; Newcastle, United Kingdom; and Manila, Philippines. Captain Blackley is also Managing Director and Chief Operating Officer of OSG Ship Management (UK) Ltd., positions he has held since 2005.

Since joining the Company in 1991, Captain Blackley has held numerous operational and financial positions including Assistant Treasurer and Vice President, Treasury. His treasury responsibilities included managing OSG’s global banking relationships, the negotiation and management of debt facilities and other investment projects. Captain Blackley led the Company’s strategic study of the Liquefied Natural Gas (LNG) business and is a board member of OSG Nakilat Corporation, OSG’s LNG joint venture with Qatar Gas Transport Company.

Captain Blackley began his seagoing career in 1971 with Peninsular and Oriental Steam Navigation Company (P&O), serving as Captain from 1987 to 1991. He holds a diploma in Nautical Science from Glasgow College of Nautical Studies and holds Master Mariner Class 1 license.

ABOUT OSG

Overseas Shipholding Group, Inc. (NYSE: OSG), a Dow Jones Transportation Index company, is one of the largest publicly traded tanker companies in the world. As a market leader in global energy transportation services for crude oil and petroleum products in the U.S. and International Flag markets, 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 New York City, NY. More information is available at www.osg.com.

Overseas Shipholding Group, Inc.
Jennifer L. Schlueter, 212-578-1634
Vice President Corporate Communications and Investor Relations
jschlueter@osg.com

(Source: Business Wire )


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