Latest Updates on Overseas Ship Holding Group Inc. (OTCMKTS: OSGIQ)

Repost This

Las Vegas, NV -- (SBWIRE) -- 01/21/2014 -- Overseas Ship holding Group Inc. (OTCMKTS: OSGIQ) was incorporated in 1948 and is settled in New York, New York. The company is principally focused in the ocean haulage of crude oil and petroleum products. Accordingly the Clientele of the company includes independent and state-owned oil refineries, oil companies, oil traders and the U.S. and international government entities.

Overseas Ship has recently announced that it is intended to outsource the technical managing department of its International Flag Shipping business to V.Ships, which is a leading independent ship manager.

Consequently this outsourcing contract is subject to the approval by the Bankruptcy Court, which will be head on 3rd of February, 2014. However this outsourcing contract would not majorly affect the company’s current operations and they will be continuing as before.

To find out what OTCMAGIC projects Overseas Ship Holding Group Inc, for both short term and long term please click here: OSGIQ

OTCMAGIC Spends all day scouring the markets for the next huge Penny Stock Winner. Investors have come to trust us for our up to date commentary on all hot stocks so please visit OTCMAGIC right now and see what it’s all about for yourself! At 30,000 Visitors a Month and growing rapidly OTCMAGIC is the hottest thing in Hot Stocks!

Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. PLEASE NOTE: OTCMagic.com employees are not registered as an Investment Advisor in any jurisdiction whatsoever. Full disclaimer can be read at http://OTCMagic.com/disclaimer. Release of Liability: Through use of this website viewing or using you agree to hold OTCMagic.com, its operators owners and employees harmless and to completely release them from any and all liability due to any and all loss monetary or otherwise, damage monetary or otherwise, or injury (monetary or otherwise) that you may incur. The information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the available data. OTCMagic.com affiliates may from time to time have a position in the securities mentioned herein and may increase or decrease such positions without notice. Any opinions expressed are subject to change without notice. OTCMagic.com encourages readers and investors to supplement the information in these reports with independent research and other professional advice. All information on featured companies is provided by the companies profiled, or is available from public sources and OTCMagic.com. We make no representations, warranties or guarantees as to the accuracy or completeness of the disclosure by the profiled companies. This is not a solicitation to buy or sell any securities. Any claims or Statements should be deemed hypothetical. OTCMagic.com, nor any of its affiliates are not registered investment advisors or broker dealers.