Overseas Shipholding Group, Inc. (NYSE:OSG) Q2 2023 Earnings Call August 7, 2023 9:30 AM ET

Company Participants

Samuel H. Norton - Chief Executive Officer and President

Richard Trueblood - Chief Financial Officer

Conference Call Participants

Climent Molins - Value Investor's Edge

Ryan Vaughan - Needham

Joshua Kehoe - Private Investor

Operator

Good morning, and welcome to the Overseas Shipholding Group Second Quarter 2023 Earnings Release Conference Call. All participants will be in listen-only mode. [Operator Instructions] After today's presentation there will be an opportunity to ask questions. [Operator Instructions] Please note this event is being recorded.

I would now like to turn the conference over to Sam Norton, Chief Executive Officer. Please go ahead.

Samuel H. Norton

Thank you, Drew. Welcome, and thank you listening in on this presentation of our financial results for the second quarter of 2023, and for allowing us to provide commentary on those results and additional color, so the current state of our business and opportunities and challenges that lie ahead. As usual, I am joined in this presentation by our CFO, Dick Trueblood.

To start, I would like to direct everyone to the narrative on pages two and three of the PowerPoint presentation available on our website, regarding forward-looking statements, estimates and other information that may be provided during the course of this call. The contents of that narrative are an important part of this presentation, and I urge everyone to read and consider them carefully.

We will be offering you more than just an historical perspective on OSG today, and our presentation includes forward-looking statements, including statements about anticipated future results. These statements are subject to uncertainties and risks. Actual results may differ materially from those contemplated by our forward-looking statements and could be affected by a variety of risk factors, including factors beyond our control.

For a discussion of these factors, we refer you to our SEC filings, particularly our Form 10-Q for the second quarter of 2023, which we anticipate filing later today, and our previously released Form 10-K and 10-Q, which can be found at the SEC's internet site www.sec.gov, as well as our own website, www.osg.com. Forward-looking statements in this presentation speak only as of today and we do not assume any obligation to update any forward-looking statements except as may be legally required.

In addition, our presentation today includes certain non-GAAP financial measures, which we define and reconcile to the most closely comparable GAAP measures in our earnings release, which is also posted on our website.