American Shipping Company

OSG is sunject of an acquisition offer
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OSG and AMSC extend Jones Act tanker charters

Overseas Shipholding Group, Inc. (NYSE: OSG) and American Shipping Company ASA (Oslo Stock Exchange: AMSC) (OTCQX: ASCJF) today jointly announced that OSG has exercised options to extend its bareboat charter agreements with

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OSG extends American Shipping Company charters

DECEMBER 11, 2011 — Overseas Shipholding Group, Inc. (NYSE: OSG) and American Shipping Company ASA (OSE: AMSC / OTCQX: ASCJF) have announced that OSG has exercised options to extend its charter agreements