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

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

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

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