Overseas Shipholding Group, a US-based bulk shipping company, has reported that net loss attributable to the company for the third quarter of 2009 was $19.6 million or $0.73 per diluted share, compared to a net income attributable to the company of $197.8 million or $6.69 per diluted share for the third quarter of 2008.

The company has reported time charter equivalent revenues of $207.3 million for the third quarter of 2009, a decrease of 52%, compared to $434.7 million for the corresponding period of 2008.