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Business Wire (Free subscription) | 11/05/2009
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...
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Business Wire (Free subscription) | 11/02/2009
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...
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lloydslist.com (Free subscription) | 11/02/2009
Overseas Shipholding Group crashes to third quarter net loss of $19.6m.
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lloydslist.com (Free subscription) | 11/02/2009
Overseas Shipholding Group sees $19.6m net loss during July to September period.
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lloydslist.com (Free subscription) | 11/02/2009
A LOAN of $299m drawn during the third quarter against a $389m facility granted by the Export-Import Bank of China is proving to be a cheaper alternative to the high-yield bond issues being launched by other shipping companies, Overseas Shipholding Group chief executive Morten Arntzen has said. The comment comes when shipping junk bond issues are ...
