Morten Arntzen to Present at Bear Stearns Global Energy Transportation Conference


NEW YORK, May 10, 2005 (PRIMEZONE) -- Overseas Shipholding Group, Inc. (NYSE:OSG) announced today that Morten Arntzen, President and Chief Executive Officer, is presenting at the Bear Stearns Global Transportation Conference at 8:45 a.m. ET on Friday, May 13, 2005. The conference will be held at Bear Stearns' World Headquarters in New York, New York. Mr. Arntzen will present a brief overview of recent corporate events which will be followed by a moderated panel discussion on the dynamics of the shipping industry.

A live webcast of the conference presentation, panel discussion and the question and answer session will be available on Overseas Shipholding Group's website at http://www.osg.com under webcasts and presentations in the investor relations section. A webcast replay of the presentation will be available for 60 days beginning at 12:00 p.m. ET May 13, 2005 through July 10, 2005.



            

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