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Overseas Shipholding Group to Present at Jefferies Shipping Conference

NEW YORK-( Business Wire )-

Overseas Shipholding Group, Inc. (NYSE: OSG), a market leader providing global energy transportation services, announced today that Morten Arntzen, President and Chief Executive Officer, will present at the Jefferies 7th Global Shipping & Logistics Conference on Wednesday, September 8, 2010 at 1:30 p.m. ET. The conference will be held in New York City.

A live webcast of the conference presentation and the accompanying slide presentation will be available on the Company’s website at www.osg.com under Webcasts and Presentations in the Investor Relations section. The webcast replay of the presentation will be available for 90 days.

About OSG

Overseas Shipholding Group, Inc. (NYSE: OSG), a Dow Jones Transportation Index company, is one of the largest publicly traded tanker companies in the world. As a market leader in global energy transportation services for crude oil, petroleum products and gas 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 and is headquartered in New York City, NY. More information is available at www.osg.com.

OSG Ship Management, Inc.Jennifer L. Schlueter, +1 212-578-1699Vice President Corporate Communications and Investor Relations

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