Overseas Shipholding Group, Inc. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported revenue was USD 116.02 million compared to USD 121.76 million a year ago. Net income was USD 20.42 million compared to USD 10.09 million a year ago. Basic earnings per share from continuing operations was USD 0.28 compared to USD 0.12 a year ago. Diluted earnings per share from continuing operations was USD 0.26 compared to USD 0.11 a year ago.

For the full year, the company reported revenue was USD 451.87 million compared to USD 466.8 million a year ago. Net income was USD 62.45 million compared to USD 26.56 million a year ago. Basic earnings per share from continuing operations was USD 0.8 compared to USD 0.3 a year ago. Diluted earnings per share from continuing operations was USD 0.77 compared to USD 0.29 a year ago.