Nov. 14 (Bloomberg) -- Overseas Shipholding Group Inc., the largest U.S. tanker operator, filed for bankruptcy protection after global shipping rates fell and the company gave up trying to win a federal loan guarantee.
Michael Thompson's BHR Capital has reported taking a large stake in Overseas Shipholding Group Inc. (OTCMKTS:OSGIQ). BHR recently filed a 13D disclosing ownership of 27.2 million shares representing 8.4% of the company's common stock.
The company plans to list its shares on the New York Stock Exchange under the symbol OSG. In 2014,Overseas Shipholding had shipping revenue of $957.4 million, a net loss of $152.3 million and an adjusted Ebitda of $298.6 million, compared to shipping ...
NEW YORK--(BUSINESS WIRE)--Overseas Shipholding Group, Inc. (NYSE MKT: OSGB) (the “Company” or “OSG”) today announced that it plans to release second quarter 2015 results before market open on Monday, August 10, 2015.
Bhr Capital Llc has filled a SC 13G form regarding Overseas Shipholding Group Inc 36.00 0.00 % . Per Michael Thompson's Bhr Capital Llc's filing, the filler now owns 8.4% of the company, holding 27,209,268 shares.
Overseas Shipholding Group Inc., the oil transporter that exited bankruptcy in August, is asking lenders to remove rules that hinder its ability to consolidate with other companies and to ease requirements that it re-invest asset-sale proceeds ...
NEW YORK--(BUSINESS WIRE)--Overseas Shipholding Group, Inc. (NYSE MKT:OSGB) (the “Company” or “OSG”) today announced the appointment of Brian Tanner as Vice President, Investor Relations and Corporate Communications.