Overseas Shipholding (OSG) continues its free-fall, -10.3% off the open after yesterday's 27%...

|About: Overseas Shipholding Group,... (OSGB)|By:, SA News Editor

Overseas Shipholding (OSG) continues its free-fall, -10.3% off the open after yesterday's 27% nosedive on reports it has maxed out its lending facilities and could soon face a liquidity squeeze ahead of upcoming maturities. Shares have now tumbled 69% YTD.