Overseas Shipholding Group (OSG) Reports Q2 EPS of $0.04

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Overseas Shipholding Group Reports Second Quarter 2017 Results

August 9, 2017 7:00 AM EDT

TAMPA, Fla.--(BUSINESS WIRE)--

Overseas Shipholding Group, Inc. (NYSE: OSG) (the Company or OSG) a provider of energy transportation services for crude oil and petroleum products in the U.S. Flag markets, today reported results for the second quarter 2017.

Highlights

Income from continuing operations for the second quarter was $3.2 million, or $0.04 per diluted share, compared to a net loss from continuing operations of $4.2 million, or ($0.04) per diluted share, for the second quarter 2016. Shipping revenues were... More