0001493152-22-021558.txt : 20220808 0001493152-22-021558.hdr.sgml : 20220808 20220808073117 ACCESSION NUMBER: 0001493152-22-021558 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20220808 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20220808 DATE AS OF CHANGE: 20220808 FILER: COMPANY DATA: COMPANY CONFORMED NAME: OVERSEAS SHIPHOLDING GROUP INC CENTRAL INDEX KEY: 0000075208 STANDARD INDUSTRIAL CLASSIFICATION: DEEP SEA FOREIGN TRANSPORTATION OF FREIGHT [4412] IRS NUMBER: 132637623 STATE OF INCORPORATION: FL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-06479 FILM NUMBER: 221142576 BUSINESS ADDRESS: STREET 1: TWO HARBOUR PLACE STREET 2: 302 KNIGHTS RUN AVENUE, SUITE 1200 CITY: TAMPA STATE: FL ZIP: 33602 BUSINESS PHONE: 8132090600 MAIL ADDRESS: STREET 1: TWO HARBOUR PLACE STREET 2: 302 KNIGHTS RUN AVENUE, SUITE 1200 CITY: TAMPA STATE: FL ZIP: 33602 8-K 1 form8-k.htm
0000075208 false 0000075208 2022-08-08 2022-08-08 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

 

United States

Securities and Exchange Commission

Washington, D.C. 20549

 

 

 

FORM 8-K

 

CURRENT REPORT

 

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

 

August 8, 2022

Date of Report (Date of earliest event reported)

 

Overseas Shipholding Group, Inc.

(Exact Name of Registrant as Specified in Charter)

 

Delaware   001-06479   13-2637623

(State of

Incorporation)

  

(Commission

File Number)

  

(IRS Employer

Identification No.)

 

Two Harbor Place

302 Knights Run Avenue, Suite 1200

Tampa, Florida 33602

(Address of principal executive offices) (Zip Code)

 

Registrant’s telephone number, including area code (813) 209-0600

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

  ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
     
  ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
     
  ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
     
  ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Class A Common Stock (par value $0.01 per share)   OSG   NYSE

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company ☐

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 
 

 

OVERSEAS SHIPHOLDING GROUP, INC.

 

FORM 8-K

CURRENT REPORT

 

Section 2 – Financial Information

 

Item 2.02 Results of Operations and Financial Condition.

 

The following information, including the Exhibit to this Form 8-K, is being furnished pursuant to Item 2.02 of Form 8-K – Results of Operations and Financial Condition. This information is not deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934 and is not incorporated by reference into any Securities Act of 1933 registration statements.

 

On August 8, 2022, Overseas Shipholding Group, Inc. issued a press release, a copy of which is attached hereto as Exhibit 99.1, announcing second quarter 2022 earnings.

 

Section 9 - Financial Statements and Exhibits.

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits

 

Pursuant to General Instruction B.2 of Form 8-K, the following exhibit is furnished with this Form 8-K.

 

Exhibit No.   Description
99.1   Press Release dated August 8, 2022.
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

 
 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  OVERSEAS SHIPHOLDING GROUP, INC.
  (Registrant)
     
Date: August 8, 2022 By /s/ Richard Trueblood
  Name: Richard Trueblood
  Title: Vice President and Chief Financial Officer

 

 
 

 

EXHIBIT INDEX

 

Exhibit No.   Description
99.1   Press Release dated August 8, 2022.
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

 

 EX-99.1 2 ex99-1.htm

 

Exhibit 99.1

 

 

 

OVERSEAS SHIPHOLDING GROUP REPORTS

SECOND QUARTER 2022 RESULTS

 

Tampa, FL – August 8, 2022 – Overseas Shipholding Group, Inc. (NYSE: OSG) (the “Company” or “OSG”), a leading provider of energy transportation services for crude oil and petroleum products in the U.S. Flag markets, today reported results for the second quarter 2022.

 

  ● Shipping revenues for the second quarter of 2022 were $118.0 million, an increase of $14.0 million, or 13.4%, from the first quarter of 2022. Compared to the second quarter of 2021, shipping revenues increased 33.5% from $88.4 million.
     
  ● Net income for the second quarter of 2022 was $3.7 million, or $0.04 per diluted share, compared with a net loss of $509 thousand, or ($0.01) per diluted share, in the first quarter of 2022. Net loss was $10.7 million, or $(0.12) per diluted share, for the second quarter of 2021.
     
  ● Time charter equivalent (TCE) revenues(A), a non-GAAP measure, for the second quarter of 2022 were $103.2 million, an increase of $9.3 million, or 9.9%, from the first quarter of 2022. TCE revenues were up 44.0% compared to the second quarter of 2021.
     
  ● Second quarter 2022 Adjusted EBITDA(B), a non-GAAP measure, was $31.5 million, an increase of $6.1 million, or 23.9%, from the first quarter of 2022. Adjusted EBITDA increased 209.9% from $10.2 million in the second quarter of 2021.
     
  ● Total cash(C) was $84.4 million as of June 30, 2022.
   
  ● During the quarter, we returned our two remaining vessels to service from layup.
     
  ● On June 13, 2022, our Board of Directors authorized a program to purchase up to five million shares of our common stock. We intend to fund the share repurchase program with excess cash.

 

Sam Norton, President and CEO, offered the following comments on the quarterly results announced today: “Second quarter results announced this morning continued to build on the progressive quarter-to-quarter improvements in important financial measures that we have witnessed over the past year. A return to profitability is perhaps the most gratifying highlight, as we ended the quarter with all vessels in operation for the first time since the onset of COVID-19. The long shadow of COVID-induced demand destruction seems to have finally receded, and the continued emergence of renewable diesel transport is providing favorable demand growth. Time charter equivalent earnings for the quarter exceeded $100 million for the first time in two years, and adjusted EBITDA of $31.5 million represents the best quarterly performance on this metric in many years.”

 

Mr. Norton added, “Our patience in seeking medium-term charters at remunerative rates for our conventional tankers and ATBs has also yielded positive results. In recent weeks we have concluded employment contracts for our vessels securing nearly $250 million in forward time charter equivalent earnings over contract periods ranging from six to 36 months. As of today, we have fixed employment for 92% of available vessel days across the balance of 2022, and close to 80% of vessel available days for 2023. The welcome cash flow visibility that these fixed revenue streams will provide over the next 18 months should provide greater flexibility in managing opportunities for building on our recent achievements.”

 

 

A, B, C Reconciliations of these non-GAAP financial measures are included in the financial tables attached to this press release starting on Page 8.

 

1
 

 

Second Quarter 2022 Results

 

Shipping revenues were $118.0 million for the second quarter of 2022, an increase of $14.0 million, or 13.4%, from the first quarter of 2022. TCE revenues increased $9.3 million, or 9.9%, from the first quarter of 2022 to $103.2 million in the second quarter of 2022. The increases were primarily a result of a 173-day decrease in layup days, as our two remaining vessels in layup returned to service in May 2022 and two full Government of Israel voyages and one partial Government of Israel voyage during the second quarter of 2022 that overlapped into the third quarter compared to one such voyage during the first quarter of 2022. The increases were partially offset by a 14-day increase in scheduled drydocking and an 11-day increase in repair days.

 

Second quarter 2022 operating income was $12.6 million compared to the first quarter 2022 operating income of $7.7 million.

 

Quarterly adjusted EBITDA increased to $31.5 million during the second quarter of 2022, a $6.1 million increase from the first quarter of 2022. The increase was driven by the increased revenues for the quarter.

 

In comparison to the second quarter of 2021, shipping revenues were up 33.5%. TCE revenues for the second quarter of 2022 were $103.2 million, an increase of $31.6 million, or 44.0%, compared with the second quarter of 2021. The increases primarily resulted from a 555-day decrease in layup days as we had fewer vessels in layup during the second quarter of 2022 compared to the second quarter of 2021. During the second quarter of 2022, we had two vessels in layup for 82 days, both of which came out of layup in May 2022. During the second quarter of 2021, we had seven vessels in layup. Additionally, the increases resulted from two full Government of Israel voyages and one partial Government of Israel voyage during the second quarter of 2022 that overlapped into the third quarter, compared to one such voyage during the same period in 2021 and an increase in average daily rates earned by our fleet. The increases were partially offset by (a) a 17-day increase in scheduled drydocking, (b) a 14-day increase in repair days, (c) one less MR tanker in our fleet, Overseas Gulf Coast, which was sold in mid-June 2021 and (d) a decrease in Delaware lightering volumes and a decrease in the price per barrel lightered during the second quarter of 2022 compared to the second quarter of 2021.

 

Operating income for the second quarter of 2022 was $12.6 million compared to an operating loss of $5.8 million for the second quarter of 2021. Net income for the second quarter of 2022 was $3.7 million, or $0.04 per diluted share, compared with a net loss of $10.7 million, or $(0.12) per diluted share, for the second quarter of 2021.

 

Adjusted EBITDA was $31.5 million for the 2022 second quarter, an increase of $21.3 million compared with the second quarter of 2021, driven primarily by the increase in TCE revenues.

 

Conference Call

 

The Company will host a conference call to discuss its second quarter 2022 results at 9:30 a.m. Eastern Time (“ET”) on Monday, August 8, 2022.

 

To access the call, participants should dial (844) 200-6205 for domestic callers and (929) 526-1599 for international callers and enter Access Code 445428. Please dial in ten minutes prior to the start of the call.

 

A live webcast of the conference call will be available from the Investor Relations section of the Company’s website at www.osg.com.

 

An audio replay of the conference call will be available for one week starting at 11:30 a.m. ET on Monday, August 8, 2022, by dialing (866) 813-9403 for domestic callers and (929) 458-6194 for international callers and entering Access Code 762707.

 

About Overseas Shipholding Group, Inc.

 

Overseas Shipholding Group, Inc. (NYSE:OSG) is a publicly traded company providing energy transportation services for crude oil and petroleum products in the U.S. Flag markets. OSG is a major operator of tankers and ATBs in the Jones Act industry. OSG’s 23 vessel U.S. Flag fleet consists of three crude oil tankers doing business in Alaska, two conventional ATBs, two lightering ATBs, three shuttle tankers, ten MR tankers, and two non-Jones Act MR tankers that participate in the U.S. Maritime Security Program, and one tanker in cold layup. In addition, OSG also owns and operates one Marshall Islands flagged MR tanker which trades internationally.

 

OSG is committed to setting high standards of excellence for its quality, safety and environmental programs. OSG is recognized as one of the world’s most customer-focused marine transportation companies and is headquartered in Tampa, FL. More information is available at www.osg.com.

 

2
 

 

Forward-Looking Statements

 

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In addition, the Company may make or approve certain forward-looking statements in future filings with the Securities and Exchange Commission (SEC), in press releases, or in oral or written presentations by representatives of the Company. All statements other than statements of historical fact should be considered forward-looking statements. These matters or statements may relate to our prospects, supply and demand for vessels in the markets in which we operate and the impact on market rates and vessel earnings, the continued stability of our niche businesses, the impact of our time charter contracts on our future financial performance, and external events such as geopolitical conflicts such as the Russian/Ukraine conflict. Forward-looking statements are based on our current plans, estimates and projections, and are subject to change based on a number of factors. COVID-19 has had, and will continue to have, a profound impact on our workforce and many other aspects of our business and industry. Investors should carefully consider the risk factors outlined in more detail in our filings with the SEC. We do not assume any obligation to update or revise any forward-looking statements except as may be required by applicable law. Forward-looking statements and written and oral forward-looking statements attributable to us or our representatives after the date of this press release are qualified in their entirety by the cautionary statements contained in this paragraph and in other reports previously or hereafter filed by us with the SEC.

 

Investor Relations & Media Contact:

 

Susan Allan, Overseas Shipholding Group, Inc.

(813) 209-0620

sallan@osg.com

 

3
 

 

Consolidated Statements of Operations

($ in thousands, except per share amounts)

 

   Three Months Ended
June 30,		   Six Months Ended
June 30,		 
   2022   2021   2022   2021 
   (unaudited)   (unaudited)   (unaudited)   (unaudited) 
Shipping Revenues:                    
                     
Time and bareboat charter revenues  $82,969   $62,806   $140,204   $126,594 
Voyage charter revenues   35,016    25,553    81,779    43,039 
    117,985    88,359    221,983    169,633 
                     
Operating Expenses:                    
Voyage expenses   14,742    16,668    24,816    32,428 
Vessel expenses   44,153    34,002    84,950    65,809 
Charter hire expenses   22,350    22,595    44,346    44,913 
Depreciation and amortization   16,663    15,068    33,156    30,387 
General and administrative   7,435    6,004    14,373    12,370 
(Gain)/loss on disposal of vessels and other property, including impairments, net   —    (196)   —    5,298 
Total operating expenses   105,343    94,141    201,641    191,205 
Operating income/(loss)   12,642    (5,782)   20,342    (21,572)
Other (expense)/income, net   (16)   (111)   81    11 
Income/(loss) before interest expense and income taxes   12,626    (5,893)   20,423    (21,561)
Interest expense   (8,275)   (7,317)   (16,640)   (13,687)
Income/(loss) before income taxes   4,351    (13,210)   3,783    (35,248)
Income tax (expense)/benefit   (611)   2,511    (552)   8,681 
Net income/(loss)  $3,740   $(10,699)  $3,231   $(26,567)
                     
Weighted Average Number of Common Shares Outstanding:                    
Basic - Class A   91,254,864    90,612,019    

90,984,407

    90,363,243 
Diluted - Class A   92,607,727    90,612,019    92,345,481    90,363,243 
Per Share Amounts:                    
Basic and diluted net income/(loss) - Class A  $0.04   $(0.12)  $0.04   $(0.29)

 

4
 

 

Consolidated Balance Sheets

($ in thousands)

 

   June 30, 2022   December 31, 2021 
   (unaudited)     
ASSETS          
Current Assets:          
Cash and cash equivalents  $84,441   $83,253 
Voyage receivables, including unbilled of $7,067 and $3,777, net of reserve for doubtful accounts   17,152    14,586 
Income tax receivable   1,883    1,882 
Other receivables   11,210    5,816 
Inventories, prepaid expenses and other current assets   6,932    3,438 
Total Current Assets   121,618    108,975 
Vessels and other property, less accumulated depreciation   742,834    761,777 
Deferred drydock expenditures, net   41,940    43,342 
Total Vessels, Other Property and Deferred Drydock   784,774    805,119 
Intangible assets, less accumulated amortization   20,317    22,617 
Operating lease right-of-use assets, net   112,198    152,027 
Other assets   25,002    26,991 
Total Assets  $1,063,909   $1,115,729 
LIABILITIES AND EQUITY          
Current Liabilities:          
Accounts payable, accrued expenses and other current liabilities  $47,850   $49,901 
Current portion of operating lease liabilities   87,054    100,010 
Current portion of finance lease liabilities   4,001    4,000 
Current installments of long-term debt   22,966    22,225 
Total Current Liabilities   161,871    176,136 
Reserve for uncertain tax positions   182    179 
Noncurrent operating lease liabilities   45,003    73,150 
Noncurrent finance lease liabilities   17,748    18,998 
Long-term debt   411,137    422,515 
Deferred income taxes, net   64,260    63,744 
Other liabilities   20,513    22,393 
Total Liabilities   720,714    777,115 
Equity:          
Common stock - Class A ($0.01 par value; 166,666,666 shares authorized; 87,974,424 and 87,170,463 shares issued and outstanding)   

880

    872 
Paid-in additional capital   596,399    594,386 
Accumulated deficit   (256,356)   (259,587)
Treasury stock, 145,741 shares, at cost   (310)   — 
    340,613    335,671 
Accumulated other comprehensive loss   2,582    2,943 
Total Equity   343,195    338,614 
Total Liabilities and Equity  $1,063,909   $1,115,729 

 

5
 

 

Consolidated Statements of Cash Flows

($ in thousands)

 

   Six Months Ended
June 30		 
   2022   2021 
   (unaudited)   (unaudited) 
Cash Flows from Operating Activities:          
Net income/(loss)  $3,231   $(26,567)
Items included in net income not affecting cash flows:          
Depreciation and amortization   33,156    30,387 
Loss on disposal of vessels and other property, including impairments, net   —    5,298 
Amortization of debt discount and other deferred financing costs   554    1,252 
Compensation relating to restricted stock awards and stock option grants   2,391    1,270 
Deferred income tax expense/(benefit)   519    (8,679)
Interest on finance lease liabilities   826    914 
Non-cash operating lease expense   44,874    45,672 
Payments for drydocking   (7,386)   (14,222)
Operating lease liabilities   (45,935)   (45,957)
Changes in operating assets and liabilities, net   (15,061)   63 
Net cash provided by/(used in) operating activities   17,169    (10,569)
Cash Flows from Investing Activities:          
Expenditures for vessels and vessel improvements   (2,046)   (5,101)
Proceeds from disposals of vessels and other property   —    32,128 
Net cash (used in)/provided by investing activities   (2,046)   27,027 
Cash Flows from Financing Activities:          
Payments on debt   (10,930)   (19,251)
Tax withholding on share-based awards   (371)   (402)
Payments on principal portion of finance lease liabilities   (2,063)   (2,063)
Deferred financing costs paid for debt amendments   (261)   (2,429)
Extinguishment of debt   —    (301)
Purchases of treasury stock under the stock repurchase program   (310)   — 
Net cash used in financing activities   (13,935)   (24,446)
Net increase/(decrease) in cash, cash equivalents and restricted cash   1,188    (7,988)
Cash, cash equivalents and restricted cash at beginning of year   83,253    69,819 
Cash, cash equivalents and restricted cash at end of year  $84,441   $61,831 

 

6
 

 

Spot and Fixed TCE Rates Achieved and Revenue Days

 

The following tables provide a breakdown of TCE rates achieved for spot and fixed charters and the related revenue days for the three and six months ended June 30, 2022 and the comparable period of 2021. Revenue days in the quarter ended June 30, 2022 totaled 1,903 compared with 1,484 in the prior year quarter.

 

   2022    2021 
Three Months Ended June 30,  Spot
Earnings		   Fixed
Earnings		   Spot
Earnings		   Fixed
Earnings		 
Jones Act Handysize Product Carriers:                    
Average rate  $48,256   $60,611   $32,613   $65,822 
Revenue days   119    935    182    455 
Non-Jones Act Handysize Product Carriers:                    
Average rate  $42,264   $32,286   $33,437   $12,417 
Revenue days   182    91    187    159 
ATBs:                    
Average rate  $—   $34,939   $—   $32,087 
Revenue days   —    181    —    182 
Lightering:                    
Average rate  $58,974   $—   $87,948   $— 
Revenue days   129    —    91    — 
Alaska (a):                    
Average rate  $—   $60,010   $—   $58,753 
Revenue days   —    266    —    228 

 

   2022    2021 
Six Months Ended June 30,  Spot
Earnings		   Fixed
Earnings		   Spot
Earnings		   Fixed
Earnings		 
Jones Act Handysize Product Carriers:                    
Average rate  $55,325   $59,442   $28,964   $65,486 
Revenue days   529    1,487    330    932 
Non-Jones Act Handysize Product Carriers:                    
Average rate  $43,164   $24,909   $24,383   $9,586 
Revenue days   362    181    367    336 
ATBs:                    
Average rate  $—   $34,897   $—   $32,213 
Revenue days   —    359    —    362 
Lightering:                    
Average rate  $62,613   $—   $81,339   $— 
Revenue days   228    —    181    — 
Alaska (a):                    
Average rate  $—   $59,500   $—   $58,748 
Revenue days   —    535    —    466 

 

(a) Excludes one Alaska vessel currently in layup.

 

7
 

 

Fleet Information

 

As of June 30, 2022, OSG’s operating fleet consisted of 24 vessels, 12 of which were owned, with the remaining vessels chartered-in. Vessels chartered-in are on Bareboat Charters.

 

   Vessels Owned   Vessels Chartered-
In		   Total at June 30, 2022 
Vessel Type  Number   Number   Total
Vessels		   Total
dwt (3)		 
Handysize Product Carriers (1)   5    11    16    760,493 
Crude Oil Tankers (2)   3    1    4    772,194 
Refined Product ATBs   2    —    2    54,182 
Lightering ATBs   2    —    2    91,112 
Total Operating Fleet   12    12    24    1,677,981 

 

  (1) Includes two owned shuttle tankers, 11 chartered-in tankers, and two non-Jones Act MR tankers that participate in the U.S. Maritime Security Program, all of which are U.S. flagged, as well as one owned Marshall Island flagged non-Jones Act MR tanker trading in international markets.
  (2) Includes three crude oil tankers doing business in Alaska and one crude oil tanker bareboat chartered-in and in layup.
  (3) Total dwt is defined as aggregate deadweight tons for all vessels of that type.

 

Reconciliation to Non-GAAP Financial Information

 

The Company believes that, in addition to conventional measures prepared in accordance with GAAP, the following non-GAAP measures provide investors with additional information that will better enable them to evaluate the Company’s performance. Accordingly, these non-GAAP measures are intended to provide supplemental information, and should not be considered in isolation or as a substitute for measures of performance prepared with GAAP.

 

(A) Time Charter Equivalent (TCE) Revenues

 

Consistent with general practice in the shipping industry, the Company uses TCE revenues, which represents shipping revenues less voyage expenses, as a measure to compare revenue generated from a voyage charter to revenue generated from a time charter. TCE revenues, a non-GAAP measure, provides additional meaningful information in conjunction with shipping revenues, the most directly comparable GAAP measure, because it assists Company management in making decisions regarding the deployment and use of its vessels and in evaluating their financial performance. Reconciliation of TCE revenues of the segments to shipping revenues as reported in the consolidated statements of operations follows:

 

   Three Months Ended
June 30,		   Six Months Ended
June 30,		 
($ in thousands)  2022   2021   2022   2021 
Time charter equivalent revenues  $103,243   $71,691   $197,167   $137,205 
Add: Voyage expenses   14,742    16,668    24,816    32,428 
Shipping revenues  $117,985   $88,359   $221,983   $169,633 

 

8
 

 

Vessel Operating Contribution

 

Vessel operating contribution, a non-GAAP measure, is TCE revenues minus vessel expenses and charter hire expenses.

 

   Three Months Ended
June 30,		   Six Months Ended
June 30, 		 
($ in thousands)  2022   2021   2022   2021 
Niche market activities  $17,404   $17,653   $35,526   $30,795 
Jones Act handysize tankers   7,702    (11,490)   9,160    (23,746)
ATBs   4,014    3,755    8,083    7,337 
Alaska crude oil tankers   7,620    5,176    15,102    12,097 
Vessel operating contribution   36,740    15,094    67,871    26,483 
Depreciation and amortization   16,663    15,068    33,156    30,387 
General and administrative   7,435    6,004    14,373    12,370 
(Gain)/loss on disposal of vessels and other property, including impairments, net   —    (196)   —    5,298 
Operating income/(loss)  $12,642   $(5,782)  $20,342   $(21,572)

 

(B) EBITDA and Adjusted EBITDA

 

EBITDA represents net income/(loss) before interest expense, income taxes and depreciation and amortization expense. Adjusted EBITDA consists of EBITDA adjusted to exclude amortization classified in charter hire expenses, interest expense classified in charter hire expenses, loss/(gain) on disposal of vessels and other property, including impairments, net, non-cash stock based compensation expense and loss on repurchases and extinguishment of debt and the impact of other items that we do not consider indicative of our ongoing operating performance. EBITDA and Adjusted EBITDA do not represent, and should not be a substitute for, net income/(loss) or cash flows from operations as determined in accordance with GAAP. Some of the limitations are: (i) EBITDA and Adjusted EBITDA do not reflect our cash expenditures, or future requirements for capital expenditures or contractual commitments; (ii) EBITDA and Adjusted EBITDA do not reflect changes in, or cash requirements for, our working capital needs; and (iii) EBITDA and Adjusted EBITDA do not reflect the interest expense, or the cash requirements necessary to service interest or principal payments, on our debt. While EBITDA and Adjusted EBITDA are frequently used as a measure of operating results and performance, neither of them is necessarily comparable to other similarly titled measures used by other companies due to differences in methods of calculation. The following table reconciles net income/(loss) as reflected in the consolidated statements of operations, to EBITDA and Adjusted EBITDA.

 

   Three Months Ended
June 30,		   Six Months Ended
June 30, 		 
($ in thousands)  2022   2021   2022   2021 
Net income/(loss)  $3,740   $(10,699)  $3,231   $(26,567)
Income tax expense/(benefit)   611    (2,511)   552    (8,681)
Interest expense   8,275    7,317    16,640    13,687 
Depreciation and amortization   16,663    15,068    33,156    30,387 
EBITDA   29,289    9,175    53,579    8,826 
Amortization classified in charter hire expenses   143    143    285    285 
Interest expense classified in charter hire expenses   312    341    627    686 
Non-cash stock based compensation expense   1,735    694    2,391    1,270 
(Gain)/loss on disposal of vessels and other property, including impairments, net   —    (196)   —    5,298 
Adjusted EBITDA  $31,479   $10,157   $56,882   $16,365 

 

(C) Total Cash

 

($ in thousands)  June 30, 2022   December 31, 2021 
Cash and cash equivalents  $84,374   $83,172 
Restricted cash   67    81 
Total cash  $84,441   $83,253 

 

9

 GRAPHIC 3 logo-ex99_1.jpg begin 644 logo-ex99_1.jpg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osg-20220808.xsd XBRL SCHEMA FILE 00000001 - Document - Cover link:presentationLink link:calculationLink link:definitionLink EX-101.LAB 5 osg-20220808_lab.xml XBRL LABEL FILE Cover [Abstract] Document Type Amendment Flag Amendment Description Document Registration Statement Document Annual Report Document Quarterly Report Document Transition Report Document Shell Company Report Document Shell Company Event Date Document Period Start Date Document Period End Date Document Fiscal Period Focus Document Fiscal Year Focus Current Fiscal Year End Date Entity File Number Entity Registrant Name Entity Central Index Key Entity Primary SIC Number Entity Tax Identification Number Entity Incorporation, State or Country Code Entity Address, Address Line One Entity Address, Address Line Two Entity Address, Address Line Three Entity Address, City or Town Entity Address, State or Province Entity Address, Country Entity Address, Postal Zip Code Country Region City Area Code Local Phone Number Extension Written Communications Soliciting Material Pre-commencement Tender Offer Pre-commencement Issuer Tender Offer Title of 12(b) Security No Trading Symbol Flag Trading Symbol Security Exchange Name Title of 12(g) Security Security Reporting Obligation Annual Information Form Audited Annual Financial Statements Entity Well-known Seasoned Issuer Entity Voluntary Filers Entity Current Reporting Status Entity Interactive Data Current Entity Filer Category Entity Small Business Entity Emerging Growth Company Elected Not To Use the Extended Transition Period Document Accounting Standard Other Reporting Standard Item Number Entity Shell Company Entity Public Float Entity Bankruptcy Proceedings, Reporting Current Entity Common Stock, Shares Outstanding Documents Incorporated by Reference [Text Block] EX-101.PRE 6 osg-20220808_pre.xml XBRL PRESENTATION FILE XML 7 R1.htm IDEA: XBRL DOCUMENT v3.22.2
Cover
Aug. 08, 2022
Cover [Abstract]  
Document Type 8-K
Amendment Flag false
Document Period End Date Aug. 08, 2022
Entity File Number 001-06479
Entity Registrant Name Overseas Shipholding Group, Inc.
Entity Central Index Key 0000075208
Entity Tax Identification Number 13-2637623
Entity Incorporation, State or Country Code DE
Entity Address, Address Line One Two Harbor Place
Entity Address, Address Line Two 302 Knights Run Avenue
Entity Address, Address Line Three Suite 1200
Entity Address, City or Town Tampa
Entity Address, State or Province FL
Entity Address, Postal Zip Code 33602
City Area Code 813
Local Phone Number 209-0600
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Title of 12(b) Security Class A Common Stock (par value $0.01 per share)
Trading Symbol OSG
Security Exchange Name NYSE
Entity Emerging Growth Company false
XML 8 form8-k_htm.xml IDEA: XBRL DOCUMENT 0000075208 2022-08-08 2022-08-08 iso4217:USD shares iso4217:USD shares 0000075208 false 8-K 2022-08-08 Overseas Shipholding Group, Inc. DE 001-06479 13-2637623 Two Harbor Place 302 Knights Run Avenue Suite 1200 Tampa FL 33602 813 209-0600 false false false false Class A Common Stock (par value $0.01 per share) OSG NYSE false EXCEL 9 Financial_Report.xlsx IDEA: XBRL DOCUMENT begin 644 Financial_Report.xlsx M4$L#!!0 ( .<["%4'04UB@0 +$ 0 9&]C4')O<',O87!P+GAM M;$V./0L",1!$_\IQO;=!P4)B0-!2L+(/>QLOD&1#LD)^OCG!CVX>;QA&WPIG M*N*I#BV&5(_C(I(/ !47BK9.7:=N')=HI6-Y #OGDK7A.YNJQ<&4GPZ4A!0W_J=0U[R;UEA_6\#MI7E!+ P04 M " #G.PA5_*LN0^T K @ $0 &1O8U!R;W!S+V-O&ULS9+! M2L0P$(9?17)OIVE!)'1S6?&D(+B@> O)[&ZP24,RTN[;F\;=+J(/(.22F3_? M? /I=1!ZC/@ &W:9_-IM[W_CU+^074$L#!!0 ( .<["%697)PC$ 8 )PG 3 >&PO=&AE M;64O=&AE;64Q+GAM;.U:6W/:.!1^[Z_0>&?V;0O&-H&VM!-S:7;;M)F$[4X? MA1%8C6QY9)&$?[]'-A#+E@WMDDVZFSP$+.G[SD5'Y^@X>?/N+F+HAHB4\GA@ MV2_;UKNW+][@5S(D$4$P&:>O\, *I4Q>M5II ,,X?+&A T%116F]?(+3E'S/X%/F7/Z3H=,H%N,!M8('_.;Z?D3EJ(X53"Q,!J9S]6:\?1 MTDB @LE]E 6Z2?:CTQ4(,@T[.IU8SG9\]L3MGXS*VG0T;1K@X_%X.+;+THMP M' 3@4;N>PIWT;+^D00FTHVG09-CVVJZ1IJJ-4T_3]WW?ZYMHG J-6T_3:W?= MTXZ)QJW0> V^\4^'PZZ)QJO0=.MI)B?]KFNDZ19H0D;CZWH2%;7E0-,@ %AP M=M;,T@.67BGZ=90:V1V[W4%<\%CN.8D1_L;%!-9ITAF6-$9RG9 %#@ WQ-%, M4'RO0;:*X,*2TER0UL\IM5 :")K(@?5'@B'%W*_]]9>[R:0S>IU].LYKE']I MJP&G[;N;SY/\<^CDGZ>3UTU"SG"\+ GQ^R-;88C'(CN]WV6'WV3T=N(]>IP+,BUY1&)$6?R"VZ MY!$XM4D-,A,_")V&F&I0' *D"3&6H8;XM,:L$> 3?;>^",C?C8CWJV^:/5>A M6$G:A/@01AKBG'/F<]%L^P>E1M'V5;SC MFED)O816:I^JAS0^J!XR"@7QN1X^Y7IX"C>6QKQ0KH)[ ?_1VC?"J_B"P#E_ M+GW/I>^Y]#VATK\>WZV22$KYI9+2,6D$N!LT$DN/R+RO JQ GH9%LE" M0AMNZ5/U2I77Y:^Y*+@\6^3IKZ%T/BS/^3Q?Y[3-"S-#MW)+ZK:4OK4F.$KT ML@'37[]EUVY".E,%.70[@:0KX#;;J=W#HXGIB1N0K3 M4I!OP_GIQ7@:XCG9!+E]F%=MY]C1T?OGP5&PH^\\EAW'B/*B(>ZAAIC/PT.' M>7M?F&>5QE T%&ULK"0L1K=@N-?Q+!3@9& MH >#KU$"\E)58#%;Q@,KD*)\ M3(Q%Z'#GEUQ?X]&2X]NF9;5NKREW&6TB4CG":9@39ZO*WF6QP54=SU5;\K"^ M:CVT%4[/_EFMR)\,$4X6"Q)(8Y07IDJB\QE3ON>;G*YZ(G;ZEW?! M8/+]<,E'#^4[YU_T74.N?O;=X_INDSM(3)QYQ1$!=$4"(Y4U#VT%SU&\Z.9X!ZSAW.;>KC"1:S_6-8>^3+?.7#;.MX#7N83 M+$.D?L%]BHJ $:MBOKJO3_DEG#NT>_&!()O\UMND]MW@#'S4JUJE9"L1/TL' M?!^2!F.,6_0T7X\48JVFL:W&VC$,>8!8\PRA9CC?AT6:&C/5BZPYC0IO0=5 MY3_;U UH]@TT')$%7C&9MC:CY$X*/-S^[PVPPL2.X>V+OP%02P,$% @ MYSL(5=>Q5FJ*! WA$ !@ !X;"]W;W)K_?/ZU6NVL/-DJ_F)AS2U[31)JA%UN;7;5:)HQYRLRYRKB$ M?Y9*I\S"4*]:)M.<1851FK2H[W=;*1/2&PV*3SR+56S=B=9HD+$5GW'[6S;5,&J5*I%(N31"2:+Y\?$366AU(L;W$5#SW=$/.&A=1(,?M9\PI/$*0''/SM1K[RG,]P_ M?E>_+28/DUDPPRC"Z84J,<4WV6RO[70\ M$N;&JG1G# 2ID-M?]KISQ)[!1?N =T9T()[>Z."\@NS;#30:D.TNQK4W$$Q MU<(:X(1TJS*S&OX58&='$[7F>M"R(.5.M,*=V?76C!XP&^>K<^+W3PGU*?VO M>0L(2@Q:8M!"KXUAD+_&"V,U+-3?=41;A4Z]@HO>*Y.QD \]"$_#]9I[HU]^ M"KK^KPA?N^1K8^JC+RK,(18MF;]EO X.-^^?W2,0G1*B@ZJ,@2 J*&X3MJJC MP.V7+#$VV>UW:1O "O\J@_C& ML I*9TH7;*=D9F%'$*7)1.7@4/"KBFK7O4']RPT&N9?F@V,@QU$$R=&P!RG"21>C+.J P&:QG%.N&,M)R[9]NG)O735V9#G M7)+QFLLK[CH+!<0.0'T51AC530"/.M_9)RX$:S97&UD M+1TN-V=IQC"PJHH$>/+_"%;NF*E6:R$_!M2.#M>\?<#0JB(2'%5%2K2I,A92 MXI\B.[R-<<5VN^MC]2VH"DJ 5X)B_<;0@1]&P07Z 9KWJG(1X%G^087@DVFL M)%9J&T2H?PFU%@_UJE($>&+_H86U7()CTC27NS)A:JEPH:9.B5;%@>+I>Z82 M$0KKJO5W"&\M6%+;V^(JC3Q5':!XTIYJ?A:">SCLKVU#"STEM-Y/RV7]^C7H M-9+M/0'@:?I_9'?&Y$#6"(C+-@)6R9[B>7DN+#25:@FI^=/B,YGQ,(=XJVV/ M&I0F"3/FA,!G7,0J]#(SJ\(7\BECFJQ9DG/RLW_N!R2#F9N8:?X9FT)5"VA# M\M:L:!QG;^E"U0&PO9KEMWDOSAR+DCO9*ZW="C<\W[)&D/1ZY8^\XT7'ND,E8QYU5;)VUC.2M; M<%(R6=[<9(EB0M-BK3MUIUQ+#J;3;D-O:%*L*Z//EI0&@U_*%">/3&[HEDFQ MMV)8RY20IV!>@N%@I+'$>2I\0Q=@:9\"O @:L!SC**&-!6,2,H3O_;C\&3!I MK5>%E#/!)0V&8MTPY[C5=UX9%@_&%Q 9Y=VI\0QKRTZ+Y2T].PP_/LG>V)+; M.'36-/+T08I:*Q[V_LL)BS6;_,C16/'DL\&D'+R!6TH>N77B M<&GY85FSX[V;IJFO<,[+?Y#SGZUSS36W3%Z2]J/_-U?Y+8R3\?1<'-&K SI; M"5R$&_H5[E=YYD#VG9!.Z%$[BK+D^L4Y]>$=V_L+_"J^7U_RBG72[69P0\_R M%UZ*3N7SJGNHR[CJ+'^&^VB1S;>PSR5TR7M>;D?5UOM!)%[P6<<'')XC=\,3 M1S"?@,41P+ \& /,)WAA>?ZG_:S0_00,X[:*(BO49X7Z!*\8LAT^6)ZX3^Z? M^$[S/$VS#*OH=AMEL,7JEF7P%X^&<0,/+ ]D>ENM\6[C$_+Z'& ]?6U"L)WB MDXCM%*\U(/&Z@4>>Q[N-Y0$/K O8[$#^>!Z8J;A/FD)7,6[8"<:1/,<0F,7X MC&894IT,/O'^8* \^>Q\ETWLJ.?]7 M4_P$4$L#!!0 ( .<["%67BKL

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end XML 10 Show.js IDEA: XBRL DOCUMENT // Edgar(tm) Renderer was created by staff of the U.S. Securities and Exchange Commission. Data and content created by government employees within the scope of their employment are not subject to domestic copyright protection. 17 U.S.C. 105. var Show={};Show.LastAR=null,Show.showAR=function(a,r,w){if(Show.LastAR)Show.hideAR();var e=a;while(e&&e.nodeName!='TABLE')e=e.nextSibling;if(!e||e.nodeName!='TABLE'){var ref=((window)?w.document:document).getElementById(r);if(ref){e=ref.cloneNode(!0); e.removeAttribute('id');a.parentNode.appendChild(e)}} if(e)e.style.display='block';Show.LastAR=e};Show.hideAR=function(){Show.LastAR.style.display='none'};Show.toggleNext=function(a){var e=a;while(e.nodeName!='DIV')e=e.nextSibling;if(!e.style){}else if(!e.style.display){}else{var d,p_;if(e.style.display=='none'){d='block';p='-'}else{d='none';p='+'} e.style.display=d;if(a.textContent){a.textContent=p+a.textContent.substring(1)}else{a.innerText=p+a.innerText.substring(1)}}} XML 11 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; white-space: normal; /* word-wrap: break-word; */ } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; overflow: hidden; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } XML 12 FilingSummary.xml IDEA: XBRL DOCUMENT 3.22.2 html 1 24 1 false 0 0 false 3 false false R1.htm 00000001 - Document - Cover Sheet http://osg.com/role/Cover Cover Cover 1 false false All Reports Book All Reports form8-k.htm ex99-1.htm osg-20220808.xsd osg-20220808_lab.xml osg-20220808_pre.xml http://xbrl.sec.gov/dei/2022 true false JSON 14 MetaLinks.json IDEA: XBRL DOCUMENT { "instance": { "form8-k.htm": { "axisCustom": 0, "axisStandard": 0, "contextCount": 1, "dts": { "inline": { "local": [ "form8-k.htm" ] }, "labelLink": { "local": [ "osg-20220808_lab.xml" ] }, "presentationLink": { "local": [ "osg-20220808_pre.xml" ] }, "schema": { "local": [ "osg-20220808.xsd" ], "remote": [ "http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd", "http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd", "http://www.xbrl.org/2003/xl-2003-12-31.xsd", "http://www.xbrl.org/2003/xlink-2003-12-31.xsd", "http://www.xbrl.org/2005/xbrldt-2005.xsd", "http://www.xbrl.org/2006/ref-2006-02-27.xsd", "http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd", "http://www.xbrl.org/lrr/role/net-2009-12-16.xsd", "https://www.xbrl.org/2020/extensible-enumerations-2.0.xsd", "https://www.xbrl.org/dtr/type/2020-01-21/types.xsd", "https://xbrl.fasb.org/srt/2022/elts/srt-2022.xsd", "https://xbrl.fasb.org/srt/2022/elts/srt-roles-2022.xsd", "https://xbrl.fasb.org/srt/2022/elts/srt-types-2022.xsd", "https://xbrl.fasb.org/us-gaap/2022/elts/us-gaap-2022.xsd", "https://xbrl.fasb.org/us-gaap/2022/elts/us-roles-2022.xsd", "https://xbrl.fasb.org/us-gaap/2022/elts/us-types-2022.xsd", "https://xbrl.sec.gov/country/2022/country-2022.xsd", "https://xbrl.sec.gov/dei/2022/dei-2022.xsd" ] } }, "elementCount": 59, "entityCount": 1, "hidden": { "http://xbrl.sec.gov/dei/2022": 2, "total": 2 }, "keyCustom": 0, "keyStandard": 24, "memberCustom": 0, "memberStandard": 0, "nsprefix": "OSG", "nsuri": "http://osg.com/20220808", "report": { "R1": { "firstAnchor": { "ancestors": [ "span", "b", "span", "p", "body", "html" ], "baseRef": "form8-k.htm", "contextRef": "From2022-08-08to2022-08-08", "decimals": null, "first": true, "lang": "en-US", "name": "dei:DocumentType", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "document", "isDefault": "true", "longName": "00000001 - Document - Cover", "role": "http://osg.com/role/Cover", "shortName": "Cover", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "b", "span", "p", "body", "html" ], "baseRef": "form8-k.htm", "contextRef": "From2022-08-08to2022-08-08", "decimals": null, "first": true, "lang": "en-US", "name": "dei:DocumentType", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } } }, "segmentCount": 0, "tag": { "dei_AmendmentDescription": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Description of changes contained within amended document.", "label": "Amendment Description" } } }, "localname": "AmendmentDescription", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://osg.com/role/Cover" ], "xbrltype": "stringItemType" }, "dei_AmendmentFlag": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.", "label": "Amendment Flag" } } }, "localname": "AmendmentFlag", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://osg.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_AnnualInformationForm": { "auth_ref": [ "r14" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag with value true on a form if it is an annual report containing an annual information form.", "label": "Annual Information Form" } } }, "localname": "AnnualInformationForm", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://osg.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_AuditedAnnualFinancialStatements": { "auth_ref": [ "r14" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag with value true on a form if it is an annual report containing audited financial statements.", "label": "Audited Annual Financial Statements" } } }, "localname": "AuditedAnnualFinancialStatements", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://osg.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_CityAreaCode": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Area code of city", "label": "City Area Code" } } }, "localname": "CityAreaCode", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://osg.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_CountryRegion": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Region code of country", "label": "Country Region" } } }, "localname": "CountryRegion", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://osg.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_CoverAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Cover page.", "label": "Cover [Abstract]" } } }, "localname": "CoverAbstract", "nsuri": "http://xbrl.sec.gov/dei/2022", "xbrltype": "stringItemType" }, "dei_CurrentFiscalYearEndDate": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "End date of current fiscal year in the format --MM-DD.", "label": "Current Fiscal Year End Date" } } }, "localname": "CurrentFiscalYearEndDate", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://osg.com/role/Cover" ], "xbrltype": "gMonthDayItemType" }, "dei_DocumentAccountingStandard": { "auth_ref": [ "r13" ], "lang": { "en-us": { "role": { "documentation": "The basis of accounting the registrant has used to prepare the financial statements included in this filing This can either be 'U.S. GAAP', 'International Financial Reporting Standards', or 'Other'.", "label": "Document Accounting Standard" } } }, "localname": "DocumentAccountingStandard", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://osg.com/role/Cover" ], "xbrltype": "accountingStandardItemType" }, "dei_DocumentAnnualReport": { "auth_ref": [ "r11", "r13", "r14" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true only for a form used as an annual report.", "label": "Document Annual Report" } } }, "localname": "DocumentAnnualReport", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://osg.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_DocumentFiscalPeriodFocus": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Fiscal period values are FY, Q1, Q2, and Q3. 1st, 2nd and 3rd quarter 10-Q or 10-QT statements have value Q1, Q2, and Q3 respectively, with 10-K, 10-KT or other fiscal year statements having FY.", "label": "Document Fiscal Period Focus" } } }, "localname": "DocumentFiscalPeriodFocus", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://osg.com/role/Cover" ], "xbrltype": "fiscalPeriodItemType" }, "dei_DocumentFiscalYearFocus": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "This is focus fiscal year of the document report in YYYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006.", "label": "Document Fiscal Year Focus" } } }, "localname": "DocumentFiscalYearFocus", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://osg.com/role/Cover" ], "xbrltype": "gYearItemType" }, "dei_DocumentPeriodEndDate": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.", "label": "Document Period End Date" } } }, "localname": "DocumentPeriodEndDate", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://osg.com/role/Cover" ], "xbrltype": "dateItemType" }, "dei_DocumentPeriodStartDate": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "The start date of the period covered in the document, in YYYY-MM-DD format.", "label": "Document Period Start Date" } } }, "localname": "DocumentPeriodStartDate", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://osg.com/role/Cover" ], "xbrltype": "dateItemType" }, "dei_DocumentQuarterlyReport": { "auth_ref": [ "r12" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true only for a form used as an quarterly report.", "label": "Document Quarterly Report" } } }, "localname": "DocumentQuarterlyReport", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://osg.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_DocumentRegistrationStatement": { "auth_ref": [ "r0" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true only for a form used as a registration statement.", "label": "Document Registration Statement" } } }, "localname": "DocumentRegistrationStatement", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://osg.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_DocumentShellCompanyEventDate": { "auth_ref": [ "r13" ], "lang": { "en-us": { "role": { "documentation": "Date of event requiring a shell company report.", "label": "Document Shell Company Event Date" } } }, "localname": "DocumentShellCompanyEventDate", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://osg.com/role/Cover" ], "xbrltype": "dateItemType" }, "dei_DocumentShellCompanyReport": { "auth_ref": [ "r13" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true for a Shell Company Report pursuant to section 13 or 15(d) of the Exchange Act.", "label": "Document Shell Company Report" } } }, "localname": "DocumentShellCompanyReport", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://osg.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_DocumentTransitionReport": { "auth_ref": [ "r15" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true only for a form used as a transition report.", "label": "Document Transition Report" } } }, "localname": "DocumentTransitionReport", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://osg.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_DocumentType": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.", "label": "Document Type" } } }, "localname": "DocumentType", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://osg.com/role/Cover" ], "xbrltype": "submissionTypeItemType" }, "dei_DocumentsIncorporatedByReferenceTextBlock": { "auth_ref": [ "r3" ], "lang": { "en-us": { "role": { "documentation": "Documents incorporated by reference.", "label": "Documents Incorporated by Reference [Text Block]" } } }, "localname": "DocumentsIncorporatedByReferenceTextBlock", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://osg.com/role/Cover" ], "xbrltype": "textBlockItemType" }, "dei_EntityAddressAddressLine1": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Address Line 1 such as Attn, Building Name, Street Name", "label": "Entity Address, Address Line One" } } }, "localname": "EntityAddressAddressLine1", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://osg.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressAddressLine2": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Address Line 2 such as Street or Suite number", "label": "Entity Address, Address Line Two" } } }, "localname": "EntityAddressAddressLine2", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://osg.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressAddressLine3": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Address Line 3 such as an Office Park", "label": "Entity Address, Address Line Three" } } }, "localname": "EntityAddressAddressLine3", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://osg.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressCityOrTown": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Name of the City or Town", "label": "Entity Address, City or Town" } } }, "localname": "EntityAddressCityOrTown", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://osg.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressCountry": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "ISO 3166-1 alpha-2 country code.", "label": "Entity Address, Country" } } }, "localname": "EntityAddressCountry", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://osg.com/role/Cover" ], "xbrltype": "countryCodeItemType" }, "dei_EntityAddressPostalZipCode": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Code for the postal or zip code", "label": "Entity Address, Postal Zip Code" } } }, "localname": "EntityAddressPostalZipCode", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://osg.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressStateOrProvince": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Name of the state or province.", "label": "Entity Address, State or Province" } } }, "localname": "EntityAddressStateOrProvince", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://osg.com/role/Cover" ], "xbrltype": "stateOrProvinceItemType" }, "dei_EntityBankruptcyProceedingsReportingCurrent": { "auth_ref": [ "r6" ], "lang": { "en-us": { "role": { "documentation": "For registrants involved in bankruptcy proceedings during the preceding five years, the value Yes indicates that the registrant has filed all documents and reports required to be filed by Section 12, 13 or 15(d) of the Securities Exchange Act of 1934 subsequent to the distribution of securities under a plan confirmed by a court; the value No indicates the registrant has not. Registrants not involved in bankruptcy proceedings during the preceding five years should not report this element.", "label": "Entity Bankruptcy Proceedings, Reporting Current" } } }, "localname": "EntityBankruptcyProceedingsReportingCurrent", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://osg.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_EntityCentralIndexKey": { "auth_ref": [ "r2" ], "lang": { "en-us": { "role": { "documentation": "A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.", "label": "Entity Central Index Key" } } }, "localname": "EntityCentralIndexKey", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://osg.com/role/Cover" ], "xbrltype": "centralIndexKeyItemType" }, "dei_EntityCommonStockSharesOutstanding": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Indicate number of shares or other units outstanding of each of registrant's classes of capital or common stock or other ownership interests, if and as stated on cover of related periodic report. Where multiple classes or units exist define each class/interest by adding class of stock items such as Common Class A [Member], Common Class B [Member] or Partnership Interest [Member] onto the Instrument [Domain] of the Entity Listings, Instrument.", "label": "Entity Common Stock, Shares Outstanding" } } }, "localname": "EntityCommonStockSharesOutstanding", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://osg.com/role/Cover" ], "xbrltype": "sharesItemType" }, "dei_EntityCurrentReportingStatus": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Indicate 'Yes' or 'No' whether registrants (1) have filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that registrants were required to file such reports), and (2) have been subject to such filing requirements for the past 90 days. This information should be based on the registrant's current or most recent filing containing the related disclosure.", "label": "Entity Current Reporting Status" } } }, "localname": "EntityCurrentReportingStatus", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://osg.com/role/Cover" ], "xbrltype": "yesNoItemType" }, "dei_EntityEmergingGrowthCompany": { "auth_ref": [ "r2" ], "lang": { "en-us": { "role": { "documentation": "Indicate if registrant meets the emerging growth company criteria.", "label": "Entity Emerging Growth Company" } } }, "localname": "EntityEmergingGrowthCompany", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://osg.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_EntityExTransitionPeriod": { "auth_ref": [ "r19" ], "lang": { "en-us": { "role": { "documentation": "Indicate if an emerging growth company has elected not to use the extended transition period for complying with any new or revised financial accounting standards.", "label": "Elected Not To Use the Extended Transition Period" } } }, "localname": "EntityExTransitionPeriod", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://osg.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_EntityFileNumber": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.", "label": "Entity File Number" } } }, "localname": "EntityFileNumber", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://osg.com/role/Cover" ], "xbrltype": "fileNumberItemType" }, "dei_EntityFilerCategory": { "auth_ref": [ "r2" ], "lang": { "en-us": { "role": { "documentation": "Indicate whether the registrant is one of the following: Large Accelerated Filer, Accelerated Filer, Non-accelerated Filer. Definitions of these categories are stated in Rule 12b-2 of the Exchange Act. This information should be based on the registrant's current or most recent filing containing the related disclosure.", "label": "Entity Filer Category" } } }, "localname": "EntityFilerCategory", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://osg.com/role/Cover" ], "xbrltype": "filerCategoryItemType" }, "dei_EntityIncorporationStateCountryCode": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Two-character EDGAR code representing the state or country of incorporation.", "label": "Entity Incorporation, State or Country Code" } } }, "localname": "EntityIncorporationStateCountryCode", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://osg.com/role/Cover" ], "xbrltype": "edgarStateCountryItemType" }, "dei_EntityInteractiveDataCurrent": { "auth_ref": [ "r16" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).", "label": "Entity Interactive Data Current" } } }, "localname": "EntityInteractiveDataCurrent", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://osg.com/role/Cover" ], "xbrltype": "yesNoItemType" }, "dei_EntityPrimarySicNumber": { "auth_ref": [ "r14" ], "lang": { "en-us": { "role": { "documentation": "Primary Standard Industrial Classification (SIC) Number for the Entity.", "label": "Entity Primary SIC Number" } } }, "localname": "EntityPrimarySicNumber", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://osg.com/role/Cover" ], "xbrltype": "sicNumberItemType" }, "dei_EntityPublicFloat": { "auth_ref": [], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "The aggregate market value of the voting and non-voting common equity held by non-affiliates computed by reference to the price at which the common equity was last sold, or the average bid and asked price of such common equity, as of the last business day of the registrant's most recently completed second fiscal quarter.", "label": "Entity Public Float" } } }, "localname": "EntityPublicFloat", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://osg.com/role/Cover" ], "xbrltype": "monetaryItemType" }, "dei_EntityRegistrantName": { "auth_ref": [ "r2" ], "lang": { "en-us": { "role": { "documentation": "The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.", "label": "Entity Registrant Name" } } }, "localname": "EntityRegistrantName", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://osg.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityShellCompany": { "auth_ref": [ "r2" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the registrant is a shell company as defined in Rule 12b-2 of the Exchange Act.", "label": "Entity Shell Company" } } }, "localname": "EntityShellCompany", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://osg.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_EntitySmallBusiness": { "auth_ref": [ "r2" ], "lang": { "en-us": { "role": { "documentation": "Indicates that the company is a Smaller Reporting Company (SRC).", "label": "Entity Small Business" } } }, "localname": "EntitySmallBusiness", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://osg.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_EntityTaxIdentificationNumber": { "auth_ref": [ "r2" ], "lang": { "en-us": { "role": { "documentation": "The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.", "label": "Entity Tax Identification Number" } } }, "localname": "EntityTaxIdentificationNumber", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://osg.com/role/Cover" ], "xbrltype": "employerIdItemType" }, "dei_EntityVoluntaryFilers": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Indicate 'Yes' or 'No' if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.", "label": "Entity Voluntary Filers" } } }, "localname": "EntityVoluntaryFilers", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://osg.com/role/Cover" ], "xbrltype": "yesNoItemType" }, "dei_EntityWellKnownSeasonedIssuer": { "auth_ref": [ "r17" ], "lang": { "en-us": { "role": { "documentation": "Indicate 'Yes' or 'No' if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Is used on Form Type: 10-K, 10-Q, 8-K, 20-F, 6-K, 10-K/A, 10-Q/A, 20-F/A, 6-K/A, N-CSR, N-Q, N-1A.", "label": "Entity Well-known Seasoned Issuer" } } }, "localname": "EntityWellKnownSeasonedIssuer", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://osg.com/role/Cover" ], "xbrltype": "yesNoItemType" }, "dei_Extension": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Extension number for local phone number.", "label": "Extension" } } }, "localname": "Extension", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://osg.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_LocalPhoneNumber": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Local phone number for entity.", "label": "Local Phone Number" } } }, "localname": "LocalPhoneNumber", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://osg.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_NoTradingSymbolFlag": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true only for a security having no trading symbol.", "label": "No Trading Symbol Flag" } } }, "localname": "NoTradingSymbolFlag", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://osg.com/role/Cover" ], "xbrltype": "trueItemType" }, "dei_OtherReportingStandardItemNumber": { "auth_ref": [ "r13" ], "lang": { "en-us": { "role": { "documentation": "\"Item 17\" or \"Item 18\" specified when the basis of accounting is neither US GAAP nor IFRS.", "label": "Other Reporting Standard Item Number" } } }, "localname": "OtherReportingStandardItemNumber", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://osg.com/role/Cover" ], "xbrltype": "otherReportingStandardItemNumberItemType" }, "dei_PreCommencementIssuerTenderOffer": { "auth_ref": [ "r7" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.", "label": "Pre-commencement Issuer Tender Offer" } } }, "localname": "PreCommencementIssuerTenderOffer", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://osg.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_PreCommencementTenderOffer": { "auth_ref": [ "r8" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.", "label": "Pre-commencement Tender Offer" } } }, "localname": "PreCommencementTenderOffer", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://osg.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_Security12bTitle": { "auth_ref": [ "r1" ], "lang": { "en-us": { "role": { "documentation": "Title of a 12(b) registered security.", "label": "Title of 12(b) Security" } } }, "localname": "Security12bTitle", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://osg.com/role/Cover" ], "xbrltype": "securityTitleItemType" }, "dei_Security12gTitle": { "auth_ref": [ "r5" ], "lang": { "en-us": { "role": { "documentation": "Title of a 12(g) registered security.", "label": "Title of 12(g) Security" } } }, "localname": "Security12gTitle", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://osg.com/role/Cover" ], "xbrltype": "securityTitleItemType" }, "dei_SecurityExchangeName": { "auth_ref": [ "r4" ], "lang": { "en-us": { "role": { "documentation": "Name of the Exchange on which a security is registered.", "label": "Security Exchange Name" } } }, "localname": "SecurityExchangeName", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://osg.com/role/Cover" ], "xbrltype": "edgarExchangeCodeItemType" }, "dei_SecurityReportingObligation": { "auth_ref": [ "r9" ], "lang": { "en-us": { "role": { "documentation": "15(d), indicating whether the security has a reporting obligation under that section of the Exchange Act.", "label": "Security Reporting Obligation" } } }, "localname": "SecurityReportingObligation", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://osg.com/role/Cover" ], "xbrltype": "securityReportingObligationItemType" }, "dei_SolicitingMaterial": { "auth_ref": [ "r10" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.", "label": "Soliciting Material" } } }, "localname": "SolicitingMaterial", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://osg.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_TradingSymbol": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Trading symbol of an instrument as listed on an exchange.", "label": "Trading Symbol" } } }, "localname": "TradingSymbol", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://osg.com/role/Cover" ], "xbrltype": "tradingSymbolItemType" }, "dei_WrittenCommunications": { "auth_ref": [ "r18" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.", "label": "Written Communications" } } }, "localname": "WrittenCommunications", "nsuri": "http://xbrl.sec.gov/dei/2022", "presentation": [ "http://osg.com/role/Cover" ], "xbrltype": "booleanItemType" } }, "unitCount": 3 } }, "std_ref": { "r0": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12" }, "r1": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "b" }, "r10": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "14a", "Subsection": "12" }, "r11": { "Name": "Form 10-K", "Number": "249", "Publisher": "SEC", "Section": "310" }, "r12": { "Name": "Form 10-Q", "Number": "240", "Publisher": "SEC", "Section": "308", "Subsection": "a" }, "r13": { "Name": "Form 20-F", "Number": "249", "Publisher": "SEC", "Section": "220", "Subsection": "f" }, "r14": { "Name": "Form 40-F", "Number": "249", "Publisher": "SEC", "Section": "240", "Subsection": "f" }, "r15": { "Name": "Forms 10-K, 10-Q, 20-F", "Number": "240", "Publisher": "SEC", "Section": "13", "Subsection": "a-1" }, "r16": { "Name": "Regulation S-T", "Number": "232", "Publisher": "SEC", "Section": "405" }, "r17": { "Name": "Securities Act", "Number": "230", "Publisher": "SEC", "Section": "405" }, "r18": { "Name": "Securities Act", "Number": "230", "Publisher": "SEC", "Section": "425" }, "r19": { "Name": "Securities Act", "Number": "7A", "Publisher": "SEC", "Section": "B", "Subsection": "2" }, "r2": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "b-2" }, "r3": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "b-23" }, "r4": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "d1-1" }, "r5": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "g" }, "r6": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12, 13, 15d" }, "r7": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "13e", "Subsection": "4c" }, "r8": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "14d", "Subsection": "2b" }, "r9": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "15", "Subsection": "d" } }, "version": "2.1" } ZIP 15 0001493152-22-021558-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001493152-22-021558-xbrl.zip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end