Morten Arntzen to Present At the Merrill Lynch Global Transportation Conference


NEW YORK, June 12, 2006 (PRIMEZONE) -- Overseas Shipholding Group, Inc. (NYSE:OSG), a market leader in providing energy transportation services, today announced that Morten Arntzen, President and Chief Executive Officer, will participate in a Tanker Shipping Panel at the Merrill Lynch Transportation Conference at 2:45 p.m. ET on Wednesday, June 14, 2006. The conference will be held at the St. Regis Hotel, 2 East 55th Street in New York City, New York.

A live webcast of the conference presentation will be available on the Company's website at http://www.osg.com under Events and Webcasts in the Investor Relations section. The webcast replay of the presentation will be available for 14 days through June 27, 2006.

ABOUT OSG

Overseas Shipholding Group, Inc. (NYSE:OSG) is one of the largest publicly traded tanker companies in the world with an owned, operated and newbuild fleet of 113 vessels, aggregating 12.7 million dwt and 865,000 cbm. As a market leader in global energy transportation services for crude oil and petroleum products in the U.S. and International Flag markets, the Company 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 New York, Athens, London, Newcastle and Singapore. More information is available at www.osg.com.



            

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