OSG Announces Dividend


NEW YORK, Feb. 9, 2007 (PRIME NEWSWIRE) -- The Board of Directors of Overseas Shipholding Group, Inc. (NYSE:OSG), a market leader providing global energy transportation services, today declared a regular quarterly dividend of 25 cents per share on the common stock outstanding, payable on March 8, 2007 to stockholders of record on February 23, 2007.

About OSG

Overseas Shipholding Group, Inc. (NYSE:OSG) (www.osg.com) is one of the largest publicly traded tanker companies in the world with a combined owned, operated and newbuild fleet of 139 vessels aggregating 13.9 million dwt and 865,000 cbm, as of today. As a market leader in global energy transportation services for crude oil and petroleum products in the U.S. and International Flag markets, OSG is committed to setting high standards of excellence for its quality, safety and environmental programs. OSG is recognized as one of the world's most customer-focused marine transportation companies, with offices in Athens, London, Manila, Montreal, Newcastle, New York City, Philadelphia, Singapore and Tampa.



            

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