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Oslo Asset Management is Selling Shares of This Ocean Shipper

Oslo Asset Management, Overseas Shipholding Group: Oslo Asset Management ASA, in a filing with the Securities and Exchange Commission, disclosed it is decreasing its stake in Overseas Shipholding Group Inc. (OTCMKTS:OSGIQ) to 194,400 shares, from the previously disclosed amount of almost 1.8 million shares. Through the decrease, Oslo reduced its position in the company to below 1%, from the previously held 5.7%. At the current price of Overseas Shipholding Group’s price, the value of the present stake owned by Oslo Asset Management amounts to $318,800.

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