TMT blames banks for continued detention of C Ladybug

AUGUST 25, 2013 — Nobu Su’s Taiwan headquartered TMT said today that vehicle exporters in Africa, European and China are facing losses as a result of legal action by banks that have

Johnston replaces Arntzen at OSG

FEBRUARY 12, 2013 — Captain Robert Johnston will serve as the President and Chief Executive Officer of Overseas Shipholding Group, Inc., effective immediately. Captain Johnston, who has been the Senior Vice President

OSG gets a “D” from Standard & Poor’s

NOVEMBER 14, 2012 — Reacting to Overseas Shipholding Group Inc.’s voluntary Chapter 11 filing today (see earlier story) Standard & Poor’s lowered its long-term corporate credit rating on the tanker giant to

OSG files for Chapter 11

NOVEMBER 14, 2012 — Tanker giant Overseas Shipholding Group, Inc. (NYSE: OSG) today filed voluntary Chapter 11 petitions for itself and certain operating subsidiaries in the U.S. Bankruptcy Court for the District

OSG: The sharks start to circle

OCTOBER 24, 2012 — Multiple law firms specializing in securities class actions have announced that they are investigating potential claims against tanker giant OSG (NYSE: OSG) concerning possible violations of federal securities

OSG says it is considering a Chapter 11 filing

OCTOBER 22, 2012 — In an SEC filing today, tanker giant OSG says it is “evaluating its strategic options, including the potential voluntary filing of a petition for relief to reorganize under