Overseas Shipholding Group has taken delivery of two Korean-built product tankers which the company anticipates will join the U.S. flag after an initial one-year charter. The two 50,000 DWT tankers,...

U.S.-flag tanker company Overseas Shipholding Group announced Tuesday it has signed a shipbuilding contract Gunderson Marine for the construction of one 204,000 barrel capacity oil and chemical tank barge. The barge...

U.S.-flag tanker company Overseas Shipholding Group, Inc. (NYSE: OSG) has signed shipbuilding contracts with Hyundai Mipo Dockyard in South Korea for the construction of two 50,000 dwt product chemical tankers....

The Securities and Exchange Commission has charged U.S.-based shipping conglomerate Overseas Shipholding Group and its former chief financial officer Myles Itkin with failing to recognize approximately $512 million in tax...

US-flagged tanker company Overseas Shipholding Group, Inc. (NYSE:OSG) announced Tuesday that Samuel H. Norton will become president and CEO of the company effective December 29, 2016. Norton will succeed Ian...

  By Nate Raymond NEW YORK, Aug 7 (Reuters) – Overseas Shipholding Group Inc investors have reached $16.25 million in settlements with the executives, underwriters and an auditor of the...

Overseas Shipholding Group, Inc. (NYSE MKT:OSGB) announced Thursday the appointment of Captain Ian T. Blackley as its new President and Chief Executive Officer, effective immediately.

By Anna Louie Sussman NEW YORK, July 1 – U.S. ship builders are making a $500 million bet on robust domestic demand for crude oil from newly-tapped shale fields by...

Overseas Shipholding Group (OSG) announced today that the portion of it’s common stock owned by U.S. citizens stands at 77 percent as of 15 April 2014. In a press release...

Overseas Shipholding Group Inc. won court permission to sign a deal with its lenders that would raise $300 million from a share sale as part of the company’s plan to exit bankruptcy.

Euronav’s hopes of acquiring five OSG-owned VLCCs were dashed this week when OSG and their debtors came to an agreement to withdraw a previously-announced motion to auction off the ships....

Euronav, the Belgian crude oil tanker company, has just bid for the acquisition of five tankers from Overseas Shipholding Group (OSG) as part of an asset sale auction by OSG’s...

Overseas Shipholding Group, Inc. (OTC:OSGIQ) has announced today that V.Ships will now take on the role of technical manager for their entire fleet of internationally-flagged tankers, an agreement which is subject to...

Beleaguered tanker company Overseas Shipholding Group Inc. (OSG), saw today its stock jumping 36%, amid very heavy trading. The stock closed at $6.05 per share, up $1.60 for the day....

A Jones Act tanker was recently chartered for six months at a record high rate of $110,000 per day, market sources said, the latest sign of how surging U.S. crude production is squeezing the niche market for U.S.-flagged vessels.

New York-based tanker company Overseas Shipholding Group announced last night that it has, in effect, fired its Chief Financial Officer and Treasurer, Mr. Myles R. Itkin, a man who has...

(Reuters) – Ship owner Capital Product Partners LP said it would continue to lease three of its product tankers to Overseas Shipholding Group Inc, which has filed for bankruptcy protection,...

ATHENS, GREECE–(Marketwire – Feb 28, 2013) – Capital Product Partners L.P. (the “Partnership” or “CPLP”) (NASDAQ: CPLP) has reached a conditional agreement with Overseas Shipholding Group Inc. (“OSG”) and certain of...

Overseas Shipholding Group Inc., the largest U.S. tanker operator, owes $463 million in U.S. taxes, the Internal Revenue Service said. The bankrupt company’s bonds plunged. Details of the alleged debt...

It’s been a tumultuous few months for the largest US-based tanker operator. Today, OSG’s President and CEO Morten Arntzen announced his resignation. Former Senior Vice President and Head of U.S....