Las Vegas, NV -- (SBWIRE) -- 02/14/2014 -- Overseas Shipholding Group Inc. (OTCMKTS: OSGIQ) basically a tanker company. The company deals with ocean transportation of crude oil and petroleum products. The company was established in 1948 and located in New York. The company filed a voluntary appeal for reorganization on November 14, 2012 under Chapter 11 Court for the District of Delaware in the U.S. Bankruptcy.
Overseas Shipholding Group Inc. entertains independent and state-owned oil companies, refinery operators, oil traders, and the U.S. and also international government entities. The Company uses vessel operations for strategic business units to organize and focused on the market segment, refined petroleum products, crude oil.
The Company owned a fleet of 111 double-hulled vessels which has 89 vessels operating in the international market and another 22 operated in the United States market.
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