tanker

Jones Act fleet one bright spot in OSG picture

Tanker giant Overseas Shipholding Group, Inc. (NYSE: OSG) reports results for the first quarter of fiscal 2012 ended March 31, 2012.that saw TCE (time charter equivalent) revenues of $214.0 million, an increase

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OSG promotes Janice Smith to Senior Vice President

Tanker giant Overseas Shipholding Group, Inc. (NYSE: OSG) reports that Janice Smith has been promoted to Senior Vice President of OSG. In addition to her promotion, Ms. Smith will assume responsibility for

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OSG suspends dividend payments

Tanker giant Overseas Shipholding Group, Inc. (NYSE: OSG), says that its Board of Directors has suspended the payment of regular quarterly dividends.  No dividend will be paid in the first quarter of

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General Maritime files for Chapter 11 protection

Tanker operator General Maritime Corporation (NYSE: GMR) says it has filed for relief under Chapter 11 of the United States Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of