Overseas Shipholding Group

Overseas Shipholding Group to Present at FBR Capital Markets Investor Conference

Business Wire (Free subscription) | 24/11/2009

NEW YORK--(BUSINESS WIRE)--Overseas Shipholding Group, Inc. (NYSE: OSG), a market leader providing global energy transportation services, announced today that Morten Arntzen, President and Chief Executive Officer, will present at the FBR Capital Markets 2009 Fall Investor Conference on Tuesday, December 1, 2009 at 10:00 a.m. ET. The conference will be held in New York City. A live webcast of the conference...

Overseas Shipholding Group to Present at Oppenheimer 4th Annual Industrials Conference

Business Wire (Free subscription) | 11/11/2009

NEW YORK--(BUSINESS WIRE)--Overseas Shipholding Group, Inc. (NYSE: OSG), a market leader providing global energy transportation services, announced today that Myles Itkin, Executive Vice President and Chief Financial Officer, will present at the Oppenheimer 4th Annual Industrials Conference on Tuesday, November 17, 2009 at 10:15 a.m. ET. The conference will be held in New York City. A live webcast...

Overseas Shipholding launches tender offer for OSG America units

The Tampa Bay Business Journal (Free subscription) | 06/11/2009

Overseas Shipholding Group Inc. has begun buying all the publicly held units of OSG America LP that it does not currently own. (OSG) (OSP)

Overseas Shipholding Group Commences Tender Offer for Common Units of OSG America L.P. at $10.25 in Cash Per Unit

Business Wire (Free subscription) | 05/11/2009

NEW YORK--(BUSINESS WIRE)--Overseas Shipholding Group, Inc. (NYSE:OSG), a market leader in providing energy transportation services, today announced that it has commenced, through its wholly owned subsidiary OSG Bulk Ships, Inc., a New York corporation, the previously announced tender offer for all of the outstanding publicly-held common units (the “Units”) of OSG America L.P. (“OSG...

Spot rates slump forces OSG into red

lloydslist.com (Free subscription) | 02/11/2009

Overseas Shipholding Group crashes to third quarter net loss of $19.6m.

Tanker dayrates slump forces OSG into red

lloydslist.com (Free subscription) | 02/11/2009

Overseas Shipholding Group sees $19.6m net loss during July to September period.

Overseas Shipholding Group Reports Third Quarter and Year-to-Date 2009 Results

Business Wire (Free subscription) | 02/11/2009

NEW YORK--(BUSINESS WIRE)--Overseas Shipholding Group, Inc. (NYSE: OSG), a market leader in providing energy transportation services, today reported results for the third quarter and nine months ended September 30, 2009. For the quarter ended September 30, 2009, the Company reported time charter equivalent (TCE1) revenues of $207.3 million, a 52% decline from $434.7 million in 2008. The decline in...

Overseas Shipholding Group Announces Date for Third Quarter 2009 Earnings Release and Teleconference

Business Wire (Free subscription) | 19/10/2009

NEW YORK--(BUSINESS WIRE)--Overseas Shipholding Group, Inc. (NYSE: OSG), a market leader in providing energy transportation services, today announced that it plans to release third quarter 2009 earnings results before market open on Monday, November 2, 2009 and host a conference call the same day at 11:00 a.m. ET. All interested parties are invited to participate by calling (877) 941-8416 within the...

To raise the offer price for OSG OSG America LP to $ 10.25 per unit

Maritime News (Free subscription) | 30/09/2009

NEW YORK--(BUSINESS WIRE)--Sep. 24, 2009-- Overseas Shipholding Group, Inc. (NYSE: OSG), a market leader in providing energy transportation services, today announced that it has increased the price per unit that it will offer to pay for all of the [...]

OSG ups offer for OSG America

lloydslist.com (Free subscription) | 24/09/2009

OVERSEAS Shipholding Group sweetens offer to buy out OSG America from $8 a unit to $10.25.

Overseas Shipholding boosts buyback offer for OSG America

The Tampa Bay Business Journal (Free subscription) | 24/09/2009

Overseas Shipholding Group Inc. has increased the price it will offer to buy all the publicly held common units of OSG America LP. (OSG)

• Overseas Shipholding Group, Inc. to Increase Tender Offer Price for OSG America L.P. to $10.25 Per Unit - Business Wire

OSG America Announces Increase in Proposed Tender Offer Price to $10.25 Per Unit

Business Wire (Free subscription) | 24/09/2009

TAMPA, Fla.--(BUSINESS WIRE)--OSG America, L.P. (OSG America, NYSE: OSP) today reported that Overseas Shipholding Group, Inc. (OSG; NYSE: OSG), which owns a 77.1% interest in OSG America, announced that it has increased the price per unit that it will offer to pay for all of the outstanding publicly held common units of OSG America from $8.00 to $10.25 per unit in cash. The increased offer price represents...

Overseas Shipholding Group Announces Quarterly Dividend

Maritime News (Free subscription) | 18/09/2009

Overseas Shipholding Group, Inc., a market leader in providing energy transportation services, yesterday announced that its Board of Directors has declared a regular quarterly dividend of $0.4375 per share on the common stock outstanding, payable on November 24, 2009 to stockholders of record on November 9, 2009. Overseas Shipholding Group, Inc., a Dow Jones Transportation Index company, [...]

Giving credit

lloydslist.com (Free subscription) | 11/09/2009

NEWS that New York-listed Overseas Shipholding Group has borrowed $389 from China's Exim Bank to fund five tankers may seem frightening to those who believe that China is out for world domination in shipping. Actually, it is a healthy sign that sources of capital are diversifying in the industry. The 12-year secured facility was signed earlier in August, but Lloyd's List broke news of it last week....

Exim Bank in landmark $389m tanker loan to OSG

lloydslist.com (Free subscription) | 09/09/2009

NEW York-listed Overseas Shipholding Group has borrowed $389m from China's Exim Bank to fund five tankers, in the government-owned bank's first deal with a US company.