(NEW YORK)Overseas Shipholding Group Inc. said Thursday that its third-quarter profit rose sharply as it charged higher rates and earned more revenue from carrying shipments of crude oil.READ MORE

(NEW YORK)General Maritime Corp. shares rose in Thursday after JPMorgan upgraded the oil tanker company to "Overweight" from "Neutral." Analyst Jonathan B. Chappell said General Maritime wil...READ MORE

(NEW YORK)Overseas Shipholding Group Inc., which owns a fleet of crude oil tankers, said Monday it entered into a new $500 million senior secured term loan to finance the purchase of two ves...READ MORE

(NEW YORK)Overseas Shipholding Group Inc., which owns and operates crude-oil tankers, said on Tuesday that it has repurchased 2.1 million shares since announcing a buyback program on June 9....READ MORE

(MIAMI)Cruise ship operator Royal Caribbean Cruises Ltd. said Thursday it named Morten Arntzen to its board, replacing Arvid Grudekjoen, who is retiring. Arntzen is president and chief ex...READ MORE

(NEW YORK)Shares of oil tanker operators rebounded Wednesday, as the price of crude jumped on concerns surrounding Tropical Storm Gustav and current inventories.READ MORE

(NEW YORK)Oil tanker operator Frontline Ltd. on Thursday said its profit jumped 69 percent, reflecting a gain on the sale of assets and shares. For the quarter ended June 30, the Bermuda-bas...READ MORE