TAMPA, Fla. –
Overseas Shipholding Group, Inc. (NYSE: OSG) (the “Company” or “OSG”)
announced today that its conference call to review and discuss first
quarter 2019 financial results will now begin at 11:00 a.m. Eastern
Standard Time on Thursday, May 9, 2019. The adjustment is being made to
accommodate the investor community due to other shipping companies
hosting conference calls during the originally scheduled time.

To access the call, participants should dial (844) 850-0546 for domestic
callers and (412) 317-5203 for international callers. Please dial in ten
minutes prior to the start of the call.

A live webcast of the conference call will be available from the
Investor Relations section of the Company’s website at http://www.osg.com/

An audio replay of the conference call will be available starting at
1:00 p.m. ET on Thursday, May 9, 2019 by dialing (877) 344-7529 for
domestic callers and (412) 317-0088 for international callers and
entering Access Code 10131358.

About Overseas Shipholding Group, Inc

Overseas Shipholding Group, Inc. (NYSE: OSG) is a publicly traded tanker
company providing energy transportation services for crude oil and
petroleum products in the U.S. Flag markets. OSG is a major operator of
tankers and ATBs in the Jones Act industry. OSG’s 21-vessel U.S. Flag
fleet consists of five ATBs, two lightering ATBs, three shuttle tankers,
nine MR tankers, and two non-Jones Act MR tankers that participate in
the U.S. Maritime Security Program. OSG is committed to setting high
standards of excellence for its quality, safety and environmental
programs. OSG is recognized as one of the world’s most customer-focused
marine transportation companies and is headquartered in Tampa, FL. More
information is available at www.osg.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20190503005383/en/

Investor Relations & Media Contact:
Susan Allan,
Overseas Shipholding Group, Inc.
(813) 209-0620
sallan@osg.com