UANI

"OSG, based in New York, said Feb. 10 that the pool of 45 supertankers from seven owners in which its carriers trade will no longer go to Iran... Four OSG-owned ships, managed by Tankers International LLC, called at the country's biggest crude-export terminal in the past year, ship tracking data compiled by Bloomberg show...OSG's Overseas Rosalyn, which can carry about 2 million barrels, arrived at Kharg Island on Jan.27 and departed the next day, tracking data compiled by Bloomberg show.  It left abour 16 feet deeper in the water, an indication it loaded cargo...OSG complies with all U.S and European laws and its headquarters in New York doesn't manage charters, OSG Chief Executive Officer Morten Arntzen said in an email Jan. 30."  (Bloomberg, "Iran Sanctions Tighten as OSG to Frontline Halt Crude Cargo," 2/13/12 )

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OSG is "the second largest publicly traded oil tanker company in the world, measured by number of vessels." (Company website. "Corporate Profile")

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"According to marine transport site, Equasis, ships owned by US shipping company, Overseas Shipholding Group Inc. (NYSE: OSG), partly owned [by] Oudi Recanati and Ariel Recanati, have docked in Iran. An examination of Equasis's website found that OSG oil tanker Overseas Tanabe docked at Khark in Iran in September 2009. The ship flies under the Marshall Islands flag." (Globes. "Recanti's OSG ships also docked in Iran," 6/1/11)

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Listed by U.S. Government as doing business in Iran. (U.S. Securities and Exchange Commission, List of Companies Doing Business With State Sponsors Of Terror, Removed from the internet in July of 2007)