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

 

                               August 31, 2009                          

Date of Report (Date of earliest event reported)

 

    OVERSEAS SHIPHOLDING GROUP, INC.    

(Exact Name of Registrant as Specified in Charter)

 

               1-6479-1               

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:

 

 

o

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o

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 August 31, 2009, the Registrant issued a press release announcing that it has signed a nonbinding settlement proposal with American Shipping Company ASA that seeks to settle all outstanding commercial disagreements between the two companies. A copy of the press release is attached to this Report as Exhibit 99.1 and hereby incorporated herein by reference.

 

Section 9 - Financial Statements and Exhibits.

 

Item 9.01

Financial Statements and Exhibits.

 

 

(d)

Exhibits

 

Exhibit No.

Description

99.1

Press Release dated August 31, 2009

 

 

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: September 2, 2009

By              

/s/James I. Edelson

 

Name:     James I. Edelson
       Title:        General Counsel and Secretary

 

 


EXHIBIT INDEX

 

Exhibit No.

Description

99.1

Press Release dated August 31, 2009