Overseas Shipholding Group Inc. news

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OSGIQ 5.72 -0.30 (-4.98%)
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Overseas Shipholding Group Announces U.S. Ownership of 77%
NEW YORK, Apr 17, 2014 (BUSINESS WIRE) -- Overseas Shipholding Group, Inc. (OTN:OSGIQ) announced today that U.S. ownership of its common stock at the close of business on April 15, 2014 was 77 percent.
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Overseas Shipholding Approved to Sign $300 Million Deal
Overseas Shipholding Group Inc. (OSGIQ) won court permission to sign a deal with its lenders that would raise $300 million from a share sale as part of the company's plan to exit bankruptcy.
Overseas Shipholding Approved to Sign $300 Million Equity Deal  Businessweek
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Overseas Shipholding Shareholders Gain Time in Bankruptcy
Overseas Shipholding Group Inc. has pushed off a key preliminary hearing on its Chapter 11 exit plan by a month, giving shareholders time to put together a different restructuring strategy for the big petroleum-shipping operation.
Overseas Shipholding Group Stock Rating Upgraded by Imperial Capital (OSGIQ)
Shares of Overseas Shipholding Group (NASDAQ:OSGIQ) traded up 4.15% during mid-day trading on Tuesday, hitting $6.03. 310,798 shares of the company's stock traded hands. Overseas Shipholding Group has a 52-week low of $1.53 and a 52-week high ...
OSG Lines Up $935M In Ch 11 Exit Loans From Goldman Sachs
Law360, Wilmington (April 17, 2014, 7:34 PM ET) -- Oil tanker giant Overseas Shipholding Group Inc. asked a Delaware bankruptcy judge late Wednesday for the green light on a $935 million exit-financing package from Goldman Sachs Bank USA that the ...
Genco Shipping Files for Bankruptcy Amid Weak Charter Rates (1)
... of the company's new stock. Other ocean-transport companies have sought bankruptcy protection since the financial crisis, including Overseas Shipholding Group Inc. in 2012 and Excel Maritime Carriers Ltd., which filed last year and emerged on Feb 14.
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Capital Product Partners L.P. Announces Management Transition
All of its vessels are under period charters to BP Shipping Limited, Overseas Shipholding Group, A.P. Moller-Maersk A.S., Hyundai Merchant Marine Co.
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Rising Stars: Cleary Gottlieb's Luke Barefoot
Law360, Miami (April 14, 2014, 6:59 PM ET) -- At just 35, Cleary Gottlieb Steen & Hamilton LLP's Luke Barefoot has already advised on various complex bankruptcies and restructurings, including the Overseas Shipholding Group Inc. case in which Barefoot ...
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Sea change for new BC lobby group chief
... Teekay Shipping and later became CEO of Maritrans Inc., the largest publicly held tug, barge and tanker company serving the U.S.
Genco Shipping To File for Ch. 11 In Deal With Lenders
... have filed for bankruptcy, including Overseas Shipholding Group Inc., one of the world's largest oil tanker companies, which sought court protection in March, and Excel Maritime Carriers Ltd.
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