Overseas Shipholding Group, Inc. (NYSE:OSG) Q3 2023 Earnings Call Transcript

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Unidentified Analyst: One other one. Suppose it gets worse, what are the economics, when would you go around South America or alternative routes?

Samuel Norton: I don’t — that would be — that would only happen in my view if the canal was closed. The economic point to the Canal are always going to be significantly superior to alternatives.

Unidentified Analyst: Okay. Very good. Thanks.

Operator: This concludes our question-and-answer session. I would like to turn the conference back over to Sam Norton for any closing remarks.

Samuel Norton: Thank you, Andrea, and thank you all for joining us today. As Dick has highlighted, we’re very pleased with the way things are developing in our business, and we look forward to sharing more and better news with you as we progress through the balance of the year and into next year. Wishing you all a very good day.

Operator: The conference has now concluded. Thank you for attending today’s presentation and you may now disconnect.

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