OSG to Announce Fourth Quarter and Fiscal 2006 Earnings On February 27, 2007


NEW YORK, Feb. 20, 2007 (PRIME NEWSWIRE) -- Overseas Shipholding Group, Inc. (NYSE:OSG), a market leader in providing energy transportation services, announced today that it plans to release its fourth quarter and fiscal 2006 results on Tuesday, February 27, 2007 at approximately 7:00 a.m. ET, and will host a conference call at 11:00 a.m. ET on the same day. All interested parties are invited to participate by calling (800) 435-1398 within the United States and (617) 614-4078 for international calls. A participate passcode number 20038277 is required. A webcast of the conference call and an accompanying slide presentation will be available on Overseas Shipholding Group's website at www.osg.com in the Investor Relations Webcasts and Presentations section.

An audio replay of the conference call will be available from 1:00 p.m. ET on Tuesday, February 27, 2007 through midnight ET on Tuesday, March 6, 2007 by calling (888) 286-8010 within the United States or (617) 801-6888 for international callers. The passcode for the replay is 20191145.

About OSG

Overseas Shipholding Group, Inc. (NYSE:OSG) 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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