Tanker company petitions for bankruptcy
Overseas Shipholding Group says operations to continue normally; company has heavy involvement in crude oil transport in Alaska
By Wesley Loy
For Petroleum News
A New York City-based shipping company heavily involved in oil tanker operations in Alaska is going through a Chapter 11 bankruptcy reorganization.
Overseas Shipholding Group Inc. says it will “continue to serve customers without interruption” while it reorganizes its debt.
The company, along with....
[additional news subjects in this story]
Major Alaska presence
‘Business as usual’
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