OSG’s Tankers Are No Longer up for Auction
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
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
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
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
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
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.
New York-based tanker company Overseas Shipholding Group announced last night that it has, in effect, fired its Chief Financial Officer and Treasurer, Mr.
(Reuters) – Ship owner Capital Product Partners LP said it would continue to lease three of its product tankers to Overseas Shipholding Group Inc, which
ATHENS, GREECE–(Marketwire – Feb 28, 2013) – Capital Product Partners L.P. (the “Partnership” or “CPLP”)
Overseas Shipholding Group Inc., the largest U.S. tanker operator, owes $463 million in U.S. taxes, the Internal Revenue Service said. The bankrupt
It’s been a tumultuous few months for the largest US-based tanker operator. Today, OSG’s President and CEO Morten Arntzen announced his
Overseas Shipholding Group Inc. (OSGIQ), the largest U.S. tanker operator, won approval to borrow $25 million to maintain ships and to make payments to two
The U.S. Coast Guard on Friday said that it has completed interviews, evidence collection, and a thorough safety inspection onboard the Overseas Reymar tanker
Overseas Shipholding’s (OSG) Chapter 11 filing to deal with its bulging debt isn’t a surprise. And it also won’t be the
Standard & Poor’s Ratings Services has lowered Overseas Shipholding Group’s long-term credit rating to ‘D’ after the company
(Bloomberg) — Overseas Shipholding Group Inc., the largest U.S. tanker operator, filed for bankruptcy protection after global shipping rates fell and the
After Overseas Shipholding Group, Inc. (NYSE:OSG) announced last month they were considering filing for Chapter 11 bankruptcy protection, their stock took a
While Overseas Shipholding Group Inc. (OSG) has warned it may file for bankruptcy in light of a recently disclosed tax issue, a prominent bankruptcy lawyer
(Bloomberg) — Overseas Shipholding Group Inc.’s bonds and stocks plunged after the largest U.S. tanker company said in a regulatory filing
Overseas Shipholding Group, Inc. (NYSE: OSG) announced today that a new service agreement has been signed with Maersk Oil Qatar AS (MOQ) for the FSO Africa, a
For the first time this year, slowing growth in oil demand is spurring analysts to cut estimates for earnings in the tanker industry’s largest vessels.
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