div1q20128k.htm

United States
Securities and Exchange Commission
Washington, D.C. 20549


FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

                February 9, 2012                  
Date of Report (Date of earliest event reported)

 
   OVERSEAS SHIPHOLDING GROUP, INC.   
(Exact Name of Registrant as Specified in Charter)

1-6749-1
Commission File Number

 
Delaware
13-2637623
(State or other jurisdiction of incorporation or organization)
(I.R.S. Employer Identification Number)


 
666 Third Avenue
               New York, New York 10017                   
(Address of Principal Executive Offices) (Zip Code)
 

 
 
Registrant's telephone number, including area code (212) 953-4100
 
 

 
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
 

 

 

[ ]       Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ]       Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ]       Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ]       Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


 
 
 
 


 
Section 8 – Other Events.
 
Item 8.01
Other Events.

On February 9, 2012, Overseas Shipholding Group, Inc. (“OSG”) issued a press release announcing that its Board of Directors has suspended the payment of regular quarterly dividends until further notice.  No dividend will be paid in the first quarter of 2012.  OSG stated that this action will help preserve OSG’s liquidity and maintain OSG’s financial flexibility.

A copy of the press release issued on February 9, 2012 announcing the suspension of payment of the dividend is attached as Exhibit 99.1.


Section 9 – Financial Statements and Exhibits.

Item 9.01 Financial Statements and Exhibits.

(d)             Exhibits

Exhibit No.
Description
   
99.1
Press Release dated February 9, 2012

 
SIGNATURES
 

 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
 
OVERSEAS SHIPHOLDING GROUP, INC.
 
          (Registrant)
 
 
Date:  February 10, 2012
 
 
 
By:    /s/James I. Edelson                               
 
Name:
Title:
James I. Edelson
Senior Vice President,
General Counsel and Secretary


 
 
 
 

EXHIBIT INDEX

Exhibit No.
Description
99.1
Press Release dated February 9, 2012