Established in 2005 and listed on the Oslo Stock Exchange, American Shipping Company ASA (AMSC) is a ship owning company with nine modern handy size product tankers and one modern shuttle tanker on long term bareboat charters with Overseas Shipholding Group (OSG). OSG employs the vessels out on time charters to major oil companies in the U.S. coastwise Jones Act trade.
American Shipping Company ASA: Completed buyback of own shares and sale of treasury shares to CEO and CFO. The AMSC fleet cater to the crude oil and refined petroleum logistics needs of oil majors and refiners in the U.S. All vessels are deployed on long term bareboat charters.
American Shipping Company ASA: Completed buyback of own shares and sale of treasury shares to CEO and CFO. The AMSC fleet cater to the crude oil and refined petroleum logistics needs of oil majors and refiners in the U.S. All vessels are deployed on long term bareboat charters.
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American Shipping Company (AMSC) is a ship finance company focused on the intercoastal U.S. Jones Act shipping market. The company owns a fleet of nine modern handy size product tankers and one modern handy size shuttle tanker. AMSC charters its vessels on long term bareboat charters that provide stable, predictable cash flow.
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