<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/ownership" xmlns:com="http://www.sec.gov/edgar/common">
  <headerData>
    <submissionType>144</submissionType>
    <filerInfo>
      <filer>
        <filerCredentials>
          <!-- Field: Pseudo-Tag; ID: Name; Data: CYRUS CAPITAL PARTNERS, L.P. -->
          <cik>0001166564</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <issuerInfo>
      <issuerCik>0000075208</issuerCik>
      <issuerName>OVERSEAS SHIPHOLDING GROUP INC</issuerName>
      <secFileNumber>001-06479</secFileNumber>
      <issuerAddress>
        <com:street1>Two Harbour Place</com:street1>
        <com:street2>302 Knights Run Avenue, Suite 1200</com:street2>
        <com:city>Tampa</com:city>
        <com:stateOrCountry>FL</com:stateOrCountry>
        <com:zipCode>33602</com:zipCode>
      </issuerAddress>
      <issuerContactPhone>813-209-0600</issuerContactPhone>
      <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>Cyrus Capital Partners, L.P. (1)</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
      <relationshipsToIssuer>
        <relationshipToIssuer>Shareholder</relationshipToIssuer>
      </relationshipsToIssuer>
    </issuerInfo>
    <securitiesInformation>
      <securitiesClassTitle>Class A Common Stock, par value $0.01 per share</securitiesClassTitle>
      <brokerOrMarketmakerDetails>
        <name>Morgan Stanley &amp; Co. LLC, UBS Securities LLC &amp; Jones Trading Institutional Services, LLC</name>
        <address>
          <com:street1>See Remark 2</com:street1>
          <com:city>See Remark 2</com:city>
          <com:stateOrCountry>NY</com:stateOrCountry>
          <com:zipCode>00000</com:zipCode>
        </address>
      </brokerOrMarketmakerDetails>
      <noOfUnitsSold>1611552</noOfUnitsSold>
      <aggregateMarketValue>7058598.00</aggregateMarketValue>
      <noOfUnitsOutstanding>76689778</noOfUnitsOutstanding>
      <approxSaleDate>09/20/2023</approxSaleDate>
      <securitiesExchangeName>NYSE</securitiesExchangeName>
    </securitiesInformation>
    <securitiesToBeSold>
      <securitiesClassTitle>Class A Common Stock, par value $0.01 per share</securitiesClassTitle>
      <acquiredDate>03/13/2019</acquiredDate>
      <natureOfAcquisitionTransaction>See Remark 3</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>See Remark 3</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>1611552</amountOfSecuritiesAcquired>
      <paymentDate>03/13/2019</paymentDate>
      <natureOfPayment>See Remark 3</natureOfPayment>
    </securitiesToBeSold>
    <nothingToReportFlagOnSecuritiesSoldInPast3Months>Y</nothingToReportFlagOnSecuritiesSoldInPast3Months>
    <remarks>(1) Cyrus Capital Partners, L.P., a Delaware limited partnership, serves as the investment advisor to certain funds, which hold the shares covered by this Form 144. (2) The address for Morgan Stanley &amp; Co. LLC is 1585 Broadway, New York, NY 10036. The address for UBS Securities LLC is 1285 Avenue of the Americas, New York, NY 10019. The address for Jones Trading Institutional Services, LLC is 32133 W Lindero Canyon Road, Suite 208, West Lake Village, CA 91361. (3) The shares reported herein to be sold were acquired in open market transactions on March 13, 2019.</remarks>
    <noticeSignature>
      <noticeDate>09/20/2023</noticeDate>
      <signature>Cyrus Capital Partners L.P., By: /s/ Stephen C. Freidheim, Authorized Signatory</signature>
    </noticeSignature>
  </formData>
</edgarSubmission>
