Overseas Shipholding Group Reports Third Quarter 2018 Results

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Overseas Shipholding Group (OSG) Reports Q3 EPS of $0.13

November 9, 2018 7:33 AM EST

Overseas Shipholding Group (NYSE: OSG) reported Q3 EPS of $0.13. Revenue for the quarter came in at $80.54 million.

Mr. Sam Norton, President and CEO, stated, The third quarter saw OSG make meaningful progress in executing on its business plan, notwithstanding our short-term financial results. Highlights for the quarter are that we secured multiple new term-charter fixtures, extended our contract of affreightment with the Government of Israel through the end of 2020, and announced contracts... More