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NEW YORK ( TheStreet) -- Overseas Shipholding Group (NYSE: OSG) hit a new 52-week low Wednesday as it is currently trading at $9.02, below its previous 52-week low of $9.05 with 319,760 shares traded as of 11:30 a.m. ET. Average volume has been 845,500 shares over the past 30 days. Overseas Shipholding Group has a market cap of $385.7 million and is part of the services sector and transportation industry. Shares are down 16.2% year to date as of the close of trading on Tuesday. Overseas Shipholding Group, Inc., a tanker company, primarily engages in the ocean transportation of crude oil and petroleum products.