Quarterly Dividend of 17.5 Cents Per Share


NEW YORK, Oct. 5, 2004 (PRIMEZONE) -- The board of directors of Overseas Shipholding Group, Inc. (NYSE:OSG) today declared a regular quarterly dividend of 17.5 cents per share on the common stock outstanding, payable November 23, 2004 to stockholders of record on November 4, 2004.



            

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