EXHIBIT 13
Deadweight Interest
International Fleet Vessel Name Year Built Tonnage Percentage
- ------------------------------------------------------------------------------------------------------------------------
Crude Tankers
- ------------------------------------------------------------------------------------------------------------------------
VLCCs
- ------------------------------------------------------------------------------------------------------------------------
OVERSEAS ROSALYN (1) 2003 317,972 100.0%
OVERSEAS MULAN (1) 2002 318,518 100.0%
TANABE (1,2) 2002 298,561 49.9%
HAKATA (1,2) 2002 298,465 49.9%
OVERSEAS CHRIS (1) 2001 309,285 100.0%
OVERSEAS ANN (1) 2001 309,327 100.0%
SAKURA I (2) 2001 298,644 49.9%
ARIAKE (2) 2001 298,533 49.9%
OVERSEAS DONNA (1) 2000 309,498 100.0%
RAPHAEL (1) 2000 309,614 100.0%
REGAL UNITY (1) 1997 309,966 100.0%
EQUATORIAL LION 1997 300,349 100.0%
SOVEREIGN UNITY (1) 1996 309,892 100.0%
MAJESTIC UNITY (1) 1996 300,549 100.0%
CROWN UNITY (1) 1996 300,482 100.0%
FRONT TOBAGO (1) 1993 259,995 30.0%
DUNDEE (1,2) 1993 302,432 49.9%
EDINBURGH (2) 1993 302,493 49.9%
OLYMPIA (1) 1990 275,269 100.0%
---------------------------------------------------------------------------------
VLCC Time Chartered-in
- ------------------------------------------------------------------------------------------------------------------------
CHARLES EDDIE (1,3) 2002 305,177 40.0%
MERIDIAN LION (1,4) 1997 300,579 100.0%
---------------------------------------------------------------------------------
Suezmax
- ------------------------------------------------------------------------------------------------------------------------
ECLIPSE 1989 147,501 100.0%
---------------------------------------------------------------------------------
Aframaxes
- ------------------------------------------------------------------------------------------------------------------------
OVERSEAS SOPHIE (5) 2003 112,045 100.0%
OVERSEAS PORTLAND (5) 2002 112,139 100.0%
OVERSEAS FRAN (5) 2001 112,118 100.0%
OVERSEAS JOSEFA CAMEJO (5) 2001 112,200 100.0%
OVERSEAS SHIRLEY (5) 2001 112,056 100.0%
ANIA (5) 1994 94,848 100.0%
ELIANE (5) 1994 94,813 100.0%
BRAVERY (5) 1994 110,461 100.0%
PACIFIC RUBY (5) 1994 96,358 100.0%
PACIFIC SAPPHIRE (5) 1994 96,173 100.0%
BERYL (5) 1994 94,799 100.0%
REBECCA (5) 1994 94,873 100.0%
COMPASS I (5) 1992 97,078 50.0%
HULL S164 (5,6) 2004 112,700 100.0%
---------------------------------------------------------------------------------
Product Carriers
- ------------------------------------------------------------------------------------------------------------------------
DIANE 1987 64,140 100.0%
MARY ANN 1986 64,239 100.0%
VEGA 1989 39,711 100.0%
DELPHINA 1989 39,674 100.0%
NEPTUNE 1989 40,085 100.0%
URANUS 1988 40,085 100.0%
---------------------------------------------------------------------------------
Dry Bulk Carriers Time Chartered-in
- ------------------------------------------------------------------------------------------------------------------------
MATILDE (7) 1997 160,013 100.0%
CHRISMIR (7) 1997 159,830 100.0%
---------------------------------------------------------------------------------
Deadweight Interest
U.S. Fleet Vessel Name Year Built Tonnage Percentage
- ------------------------------------------------------------------------------------------------------------------------
Crude Tankers
- ------------------------------------------------------------------------------------------------------------------------
OVERSEAS WASHINGTON (8) 1978 91,968 100%
OVERSEAS NEW YORK (8) 1977 91,844 100%
OVERSEAS CHICAGO (8) 1977 92,092 100%
OVERSEAS BOSTON (8,9) 1974 122,760 100%
---------------------------------------------------------------------------------
Product Carriers
- ------------------------------------------------------------------------------------------------------------------------
OVERSEAS NEW ORLEANS (10) 1983 43,643 100%
OVERSEAS PHILADELPHIA (10) 1982 43,387 100%
---------------------------------------------------------------------------------
Dry Bulk Carriers
- ------------------------------------------------------------------------------------------------------------------------
OVERSEAS HARRIETTE (11) 1978 25,951 100%
OVERSEAS MARILYN (12) 1978 25,951 100%
---------------------------------------------------------------------------------
Pure Car Carrier
- ------------------------------------------------------------------------------------------------------------------------
OVERSEAS JOYCE 1987 16,141 100%
---------------------------------------------------------------------------------
(1) Participates in VLCC pool (Tankers International)
(2) Subject to an agreement in principle expected to close
in first quarter of 2004. This will result in OSG owning
100% of the Sakura I, Tanabe and Dundee, and the joint
venture partner owning 100% of Ariake, Hakata and
Edinburgh
(3) 3-year time charter-in expiring 2005
(4) 8-year time charter-in expiring 2011
(5) Participates, or will upon delivery participate, in
Aframax pool (Aframax International)
(6) Delivered January 30, 2004 and named Overseas Cathy
(7) 7-year time charter-in expiring 2010. Vessel to be
withdrawn from a pool of Capesize Dry Bulk Carriers in
early 2004 at which time vessel will deliver to a
3-year time charter-out
(8) Vessels subject to securitization financing
(9) Sold on February 12, 2004
(10) 22-year capital leases expiring 2011
(11) 3-year bareboat charter-in expiring 2006
(12) 1-year bareboat charter-in expiring 2004
-------------------------------------------------------------------------
Total Operating Fleet 52 Vessels 8,984,576 dwt
On Order 1 Vessel 112,700 dwt
Total Fleet 53 Vessels 9,097,276 dwt
-------------------------------------------------------------------------
Operating Fleet by Interest Percentage 47.2 Vessels 7,669,441 dwt
On Order by Interest Percentage 1 Vessel 112,700 dwt
Total by Interest Percentage 48.2 Vessels 7,782,141 dwt
=========================================================================