OSG requests more time for restructuring

Bankrupt US tank carrier OSG has requested more time to finish the plan for a corporate restructuring of the carrier, according to several media.

BY KATRINE GRØNVALD RAUN

In 2012 US tank carrier Overseas Shipholding Group (OSG) filed for Chapter 11 bankruptcy protection, and since then the company has been working on a corporate restructuring plan, which could now end up being further postponed.

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