Profit for Overseas Shipholding Group fell 78 percent in 2009 to $70.2 million on revenue that dropped 38 percent to $952.6 million as plummeting demand for tanker charters cut rates in half.
Or, for unlimited access to timely news and analysis:
Not registered with JOC.com? Create an account now. Once signed up, read FIVE articles every thirty days for free.