With 13 Straight Quarters of Losses, Overseas Shipholding Needs a Loan in a Hurry
Overseas Shipholding Group Inc. is running out of cash and must renegotiate a loan agreement as an industrywide slowdown and rejection of a federal debt
Overseas Shipholding Group Inc. is running out of cash and must renegotiate a loan agreement as an industrywide slowdown and rejection of a federal debt
(Bloomberg) — Tankers International LLC, operator of the largest pool of the biggest oil carriers, wants to shift hiring of its vessels back to
Overseas Shipholding Group, Inc. (NYSE: OSG), one of the world’s largest publicly traded tanker companies in the world carrying nearly 11 million DWT
SAO PAULO–Brazilian billionaire Eike Batista on Thursday reshuffled the senior management at his oil and ship-building companies, which have seen their
LONDON (Dow Jones)–More North Sea crude is set to head to Asia in June, shipbrokers told Dow Jones Newswires Wednesday, continuing a trend that has
The Coast Guard, along with the Louisiana Department of Envrionmental Quality and Plaquemines Parish, said it responded to a fuel oil spill late Monday and
It was quite a day for shareholders of Frontline Tankers. Their stock shot up nearly 29% on news of increased VLCC and Suezmax tanker day rates. In a note
New York, NY – March 8, 2012 – Overseas Shipholding Group, Inc. (NYSE: OSG), a market leader in providing energy transportation services, today
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