Overseas Shipholding Group Inc
(OTCOTHER: OSGIQ)
| Exchange: | OTCOTHER |
| Stock: | Overseas Shipholding Group Inc. |
| Industry: | Shipping |
| Employees: | 3,600 |
| Overseas Shipholding Group, Inc. (OSG) is a tanker company engaged primarily in the ocean transportation of crude oil and petroleum products. As of December 31, 2011, the Company owned or operated a fleet of 111 double-hulled vessels (aggregating 10.9 million deadweight tons and 864,800 cubic meters) of which 89 vessels operated in the international market and 22 operated in the United States Flag market. OSG’s new building program of owned and chartered-in vessels totaled five International Flag vessels, bringing the Company’s total owned, operated and new build fleet to 116 double-hulled vessels. The Company’s vessel operations are organized into strategic business units and focused on market segments: crude oil, refined petroleum products and the United States Flag. On November 14, 2012, the Company filed a petition with the United States Bankruptcy Court for the District of Delaware for relief under Chapter 11 of the United States Bankruptcy Code. |
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