OSG Announces Dividend

News was prepared under the information support of Online Daily Newspaper on Hellenic and international Shipping "Hellenic Shipping News".

28 Sep 2007

The Board of Directors of Overseas Shipholding Group, Inc., a market leader in providing energy transportation services, today declared a regular quarterly dividend of $0.3125 per share on the common stock outstanding, payable on November 28, 2007 to stockholders of record on November 7, 2007.Overseas Shipholding Group, Inc. is one of the largest publicly traded tanker companies in the world. As a market leader in global energy transportation services for crude oil and petroleum products in the U.S. and International Flag markets, OSG is committed to setting high standards of excellence for its quality, safety and environmental programs. OSG is recognized as one of the world's most customer-focused marine transportation companies, with offices in Athens, Houston, London, Manila, Montreal, Newcastle, New York City, Philadelphia, Singapore and Tampa.