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Proc-Type: 2001,MIC-CLEAR
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<SEC-DOCUMENT>0000075208-06-000008.txt : 20060213
<SEC-HEADER>0000075208-06-000008.hdr.sgml : 20060213
<ACCEPTANCE-DATETIME>20060210181439
ACCESSION NUMBER:		0000075208-06-000008
CONFORMED SUBMISSION TYPE:	SC 13G
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20060213
DATE AS OF CHANGE:		20060210

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Double Hull Tankers, Inc.
		CENTRAL INDEX KEY:			0001331284
		STANDARD INDUSTRIAL CLASSIFICATION:	DEEP SEA FOREIGN TRANSPORTATION OF FREIGHT [4412]
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		SC 13G
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-81077
		FILM NUMBER:		06600217

	BUSINESS ADDRESS:	
		STREET 1:		26 NEW STREET
		CITY:			ST. HELIER, JERSEY, CHANNEL IS
		STATE:			X0
		ZIP:			JE23RA
		BUSINESS PHONE:		00 44 1534 639759

	MAIL ADDRESS:	
		STREET 1:		26 NEW STREET
		CITY:			ST. HELIER, JERSEY, CHANNEL IS
		STATE:			X0
		ZIP:			JE23RA

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			OVERSEAS SHIPHOLDING GROUP INC
		CENTRAL INDEX KEY:			0000075208
		STANDARD INDUSTRIAL CLASSIFICATION:	DEEP SEA FOREIGN TRANSPORTATION OF FREIGHT [4412]
		IRS NUMBER:				132637623
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13G

	BUSINESS ADDRESS:	
		STREET 1:		666 THIRD AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017
		BUSINESS PHONE:		2122511153

	MAIL ADDRESS:	
		STREET 1:		666 THIRD AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13G
<SEQUENCE>1
<FILENAME>dht13gv2.htm
<TEXT>
<HTML>
<HEAD>
</HEAD>
<BODY>

<B><FONT FACE="CG Times,Times New Roman" SIZE=3><P ALIGN="CENTER">SECURITIES AND EXCHANGE COMMISSION<BR>
Washington, D.C.  20549</P>
</B><P ALIGN="CENTER"></P>
</FONT><B><FONT FACE="CG Times,Times New Roman" SIZE=5><P ALIGN="CENTER">SCHEDULE 13G</B></FONT><FONT FACE="CG Times,Times New Roman" SIZE=2><BR>
(Rule 13d-102)</P>
<P ALIGN="CENTER"></P></FONT>
<P ALIGN="CENTER"><CENTER><TABLE CELLSPACING=0 BORDER=0 CELLPADDING=8 WIDTH=600>
<TR><TD VALIGN="TOP">
<B><FONT FACE="CG Times,Times New Roman" SIZE=2><P ALIGN="CENTER">INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT<BR>
TO RULES 13d-1(b), (c), AND (d) AND AMENDMENTS THERETO<BR>
FILED PURSUANT TO RULE 13d-2<BR>
</B></FONT></TD>
</TR>
<TR><TD VALIGN="TOP">
<B><U><FONT FACE="CG Times,Times New Roman"><P>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT FACE="CG Times,Times New Roman" SIZE=3>DOUBLE HULL TANKERS, INC.</FONT><FONT FACE="CG Times,Times New Roman"> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></U></FONT></TD>
</TR>
<TR><TD VALIGN="TOP">
<FONT FACE="CG Times,Times New Roman" SIZE=2><P ALIGN="CENTER">(Name of issuer)</FONT></TD>
</TR>
<TR><TD VALIGN="TOP">
<B><U><FONT FACE="CG Times,Times New Roman"><P>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;COMMON STOCK&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></U></FONT></TD>
</TR>
<TR><TD VALIGN="TOP">
<FONT FACE="CG Times,Times New Roman" SIZE=2><P ALIGN="CENTER">(Title of Class of Securities)</FONT></TD>
</TR>
<TR><TD VALIGN="TOP">
<B><U><FONT FACE="CG Times,Times New Roman"><P>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Y21110104&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></U></FONT></TD>
</TR>
<TR><TD VALIGN="TOP">
<FONT FACE="CG Times,Times New Roman" SIZE=2><P ALIGN="CENTER">(CUSIP NUMBER)</FONT></TD>
</TR>
<TR><TD VALIGN="TOP">
<B><U><FONT FACE="CG Times,Times New Roman"><P>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;December 31, 2005&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></U></FONT></TD>
</TR>
<TR><TD VALIGN="TOP">
<FONT FACE="CG Times,Times New Roman" SIZE=2><P ALIGN="CENTER">(Date of Event Which Requires Filing of this Statement)</P>
</FONT></TD>
</TR>
</TABLE>
</CENTER></P>

<FONT FACE="CG Times,Times New Roman"><P>&nbsp;</P>
<P>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Check the appropriate box to designate the rule pursuant to which this Schedule is filed:</P></FONT>
<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=7 WIDTH=318>
<TR><TD WIDTH="32%" VALIGN="TOP">
<FONT FACE="CG Times,Times New Roman" SIZE=4><P>[&nbsp;&nbsp;&nbsp;]</FONT></TD>
<TD WIDTH="68%" VALIGN="TOP">
<FONT FACE="CG Times,Times New Roman"><P>Rule 13d-1(b)</FONT></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP">
<FONT FACE="CG Times,Times New Roman" SIZE=4><P>[&nbsp;&nbsp;&nbsp;]</FONT></TD>
<TD WIDTH="68%" VALIGN="TOP">
<FONT FACE="CG Times,Times New Roman"><P>Rule 13d-1(c)</FONT></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP">
<FONT FACE="CG Times,Times New Roman" SIZE=4><P>[X]</FONT></TD>
<TD WIDTH="68%" VALIGN="TOP">
<FONT FACE="CG Times,Times New Roman"><P>Rule 13d-1(d)</FONT></TD>
</TR>
</TABLE>

<FONT FACE="CG Times,Times New Roman">
<P>-----------</P>

<P>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;* The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.</P>

<P>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The information required in the remainder of this cover page shall not be deemed to the "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provision of the Act (however, see the Notes).</P>

<P>&nbsp;</P>
<P ALIGN="CENTER">Page 1 of 8 pages</P>
</FONT>

<P ALIGN="CENTER"><CENTER><TABLE BORDER CELLSPACING=1 BORDERCOLOR="#ffffff" CELLPADDING=3 WIDTH=719>
<TR><TD VALIGN="TOP" COLSPAN=7>
<P ALIGN="CENTER">&nbsp;</P>
<B><FONT FACE="CG Times,Times New Roman" SIZE=4><P ALIGN="CENTER">13G</B></FONT></TD>
</TR>
<TR><TD WIDTH="28%" VALIGN="TOP" COLSPAN=2 HEIGHT=24>
<B><FONT FACE="CG Times,Times New Roman"><P>Cusip No. Y21110104</B></FONT></TD>
<TD WIDTH="42%" VALIGN="TOP" COLSPAN=2 HEIGHT=24><P></P></TD>
<TD WIDTH="30%" VALIGN="TOP" COLSPAN=3 HEIGHT=24>
<B><FONT FACE="CG Times,Times New Roman" SIZE=2><P>Page 2 of  8  Pages</B></FONT></TD>
</TR>
<TR><TD VALIGN="TOP" COLSPAN=7 HEIGHT=19><P></P></TD>
</TR>
<TR><TD WIDTH="6%" VALIGN="TOP">
<FONT FACE="CG Times,Times New Roman" SIZE=2>
</FONT><B><FONT FACE="Arial" SIZE=5><P>1</B></FONT></TD>
<TD WIDTH="94%" VALIGN="TOP" COLSPAN=6>
<B><FONT FACE="CG Times,Times New Roman" SIZE=2>
</B><P>NAME OF REPORTING PERSON<BR>
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) <BR>
<BR>
</FONT><FONT FACE="CG Times,Times New Roman">OSG INTERNATIONAL, INC.</FONT></TD>
</TR>
<TR><TD WIDTH="6%" VALIGN="TOP">
<FONT FACE="CG Times,Times New Roman" SIZE=2>
</FONT><B><FONT FACE="Arial" SIZE=5><P>2</B></FONT></TD>
<TD WIDTH="85%" VALIGN="TOP" COLSPAN=4>
<B><FONT FACE="CG Times,Times New Roman" SIZE=2>
</B><P>CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*</FONT></TD>
<TD WIDTH="9%" VALIGN="TOP" COLSPAN=2>
<FONT FACE="CG Times,Times New Roman" SIZE=2><P>(a)&nbsp;<FONT FACE="Wingdings">&#111;</FONT>
</FONT><FONT FACE="CG Times,Times New Roman" SIZE=5><BR>
</FONT><FONT FACE="CG Times,Times New Roman" SIZE=2>(b)&nbsp;<FONT FACE="Wingdings">&#111;</FONT>
</FONT></TD>
</TR>
<TR><TD WIDTH="6%" VALIGN="TOP">
<FONT FACE="CG Times,Times New Roman" SIZE=2>
</FONT><B><FONT FACE="Arial" SIZE=5><P>3</B></FONT></TD>
<TD WIDTH="94%" VALIGN="TOP" COLSPAN=6 BGCOLOR="#ffffff">
<B><FONT FACE="CG Times,Times New Roman" SIZE=2>
</B><P>SEC USE ONLY</FONT></TD>
</TR>
<TR><TD WIDTH="6%" VALIGN="TOP" HEIGHT=57>
<FONT FACE="CG Times,Times New Roman" SIZE=2>
</FONT><B><FONT FACE="Arial" SIZE=5><P>4</B></FONT></TD>
<TD WIDTH="94%" VALIGN="TOP" COLSPAN=6 HEIGHT=57>
<B><FONT FACE="CG Times,Times New Roman" SIZE=2>
</B><P>CITIZENSHIP OR PLACE OF ORGANIZATION<BR>
<BR>
</FONT><FONT FACE="CG Times,Times New Roman">The Republic of the Marshall Islands</FONT></TD>
</TR>
<TR><TD WIDTH="28%" VALIGN="TOP" COLSPAN=2 ROWSPAN=4>
<FONT FACE="CG Times,Times New Roman" SIZE=2><P ALIGN="CENTER"><BR>
<BR>
<BR>
NUMBER OF<BR>
SHARES<BR>
BENEFICIALLY<BR>
OWNED BY<BR>
EACH<BR>
REPORTING<BR>
PERSON<BR>
WITH</FONT></TD>
<TD WIDTH="7%" VALIGN="TOP">
<FONT FACE="CG Times,Times New Roman" SIZE=2>
</FONT><B><FONT FACE="Arial" SIZE=5><P>5</B></FONT></TD>
<TD WIDTH="65%" VALIGN="TOP" COLSPAN=4>
<B><FONT FACE="CG Times,Times New Roman" SIZE=2>
</B><P>SOLE VOTING POWER<BR>
<BR>
0</FONT></TD>
</TR>
<TR><TD WIDTH="7%" VALIGN="TOP">
<FONT FACE="CG Times,Times New Roman" SIZE=2>
</FONT><B><FONT FACE="Arial" SIZE=5><P>6</B></FONT></TD>
<TD WIDTH="65%" VALIGN="TOP" COLSPAN=4>
<B><FONT FACE="CG Times,Times New Roman" SIZE=2>
</B><P>SHARED VOTING POWER<BR>
<BR>
13,351,500</FONT></TD>
</TR>
<TR><TD WIDTH="7%" VALIGN="TOP">
<FONT FACE="CG Times,Times New Roman" SIZE=2>
</FONT><B><FONT FACE="Arial" SIZE=5><P>7</B></FONT></TD>
<TD WIDTH="65%" VALIGN="TOP" COLSPAN=4>
<B><FONT FACE="CG Times,Times New Roman" SIZE=2>
</B><P>SOLE DISPOSITIVE POWER<BR>
<BR>
0</FONT></TD>
</TR>
<TR><TD WIDTH="7%" VALIGN="TOP">
<FONT FACE="CG Times,Times New Roman" SIZE=2>
</FONT><B><FONT FACE="Arial" SIZE=5><P>8</B></FONT></TD>
<TD WIDTH="65%" VALIGN="TOP" COLSPAN=4>
<B><FONT FACE="CG Times,Times New Roman" SIZE=2>
</B><P>SHARED DISPOSITIVE POWER<BR>
<BR>
13,351,500</FONT></TD>
</TR>
<TR><TD WIDTH="6%" VALIGN="TOP">
<FONT FACE="CG Times,Times New Roman" SIZE=2>
</FONT><B><FONT FACE="Arial" SIZE=5><P>9</B></FONT></TD>
<TD WIDTH="94%" VALIGN="TOP" COLSPAN=6>
<B><FONT FACE="CG Times,Times New Roman" SIZE=2>
</B><P>AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<BR>
<BR>
13,351,500</FONT></TD>
</TR>
<TR><TD WIDTH="6%" VALIGN="TOP">
<FONT FACE="CG Times,Times New Roman" SIZE=2>
</FONT><B><FONT FACE="Arial" SIZE=5><P>10</B></FONT></TD>
<TD WIDTH="85%" VALIGN="TOP" COLSPAN=5>
<B><FONT FACE="CG Times,Times New Roman" SIZE=2>
</B><P>CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES</FONT></TD>
<TD WIDTH="8%" VALIGN="TOP">
<B><FONT FACE="CG Times,Times New Roman" SIZE=2>
</B></FONT><FONT FACE="CG Times,Times New Roman" SIZE=5><P><FONT FACE="Wingdings">&#111;</FONT>
</FONT></TD>
</TR>
<TR><TD WIDTH="6%" VALIGN="TOP">
<FONT FACE="CG Times,Times New Roman" SIZE=2>
</FONT><B><FONT FACE="Arial" SIZE=5><P>11</B></FONT></TD>
<TD WIDTH="94%" VALIGN="TOP" COLSPAN=6>
<B><FONT FACE="CG Times,Times New Roman" SIZE=2>
</B><P>PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)<BR>
<BR>
44.5%**</FONT></TD>
</TR>
<TR><TD WIDTH="6%" VALIGN="TOP">
<FONT FACE="CG Times,Times New Roman" SIZE=2>
</FONT><B><FONT FACE="Arial" SIZE=5><P>12</B></FONT></TD>
<TD WIDTH="94%" VALIGN="TOP" COLSPAN=6>
<B><FONT FACE="CG Times,Times New Roman" SIZE=2>
</B><P>TYPE OF REPORTING PERSON<BR>
<BR>
CO</FONT></TD>
</TR>
</TABLE>
</CENTER></P>

<FONT SIZE=2><P>** Based on the 30,006,250 shares of Common Stock of the Issuer issued and outstanding as of October 13, 2005 as reflected in the Issuer's Prospectus (the &quot;Prospectus&quot;) filed on such date with the Securities and Exchange Commission pursuant to Rule 424(b)(1) relating to Registration No. 333-128460.</P>
</FONT>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>


<P ALIGN="CENTER"><CENTER><TABLE BORDER CELLSPACING=1 BORDERCOLOR="#ffffff" CELLPADDING=3 WIDTH=719>
<TR><TD VALIGN="TOP" COLSPAN=7>
<B><FONT FACE="CG Times,Times New Roman" SIZE=4><P ALIGN="CENTER">13G</B></FONT></TD>
</TR>
<TR><TD WIDTH="28%" VALIGN="TOP" COLSPAN=2 HEIGHT=24>
<B><FONT FACE="CG Times,Times New Roman"><P>Cusip No. Y21110104</B></FONT></TD>
<TD WIDTH="42%" VALIGN="TOP" COLSPAN=2 HEIGHT=24><P></P></TD>
<TD WIDTH="30%" VALIGN="TOP" COLSPAN=3 HEIGHT=24>
<B><FONT FACE="CG Times,Times New Roman" SIZE=2><P>Page 3 of  8  Pages</B></FONT></TD>
</TR>
<TR><TD VALIGN="TOP" COLSPAN=7 HEIGHT=19><P></P></TD>
</TR>
<TR><TD WIDTH="6%" VALIGN="TOP">
<FONT FACE="CG Times,Times New Roman" SIZE=2>
</FONT><B><FONT FACE="Arial" SIZE=5><P>1</B></FONT></TD>
<TD WIDTH="94%" VALIGN="TOP" COLSPAN=6>
<B><FONT FACE="CG Times,Times New Roman" SIZE=2>
</B><P>NAME OF REPORTING PERSON<BR>
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) <BR>
</FONT><FONT FACE="CG Times,Times New Roman"><BR>
OVERSEAS SHIPHOLDING GROUP, INC.</FONT></TD>
</TR>
<TR><TD WIDTH="6%" VALIGN="TOP">
<FONT FACE="CG Times,Times New Roman" SIZE=2>
</FONT><B><FONT FACE="Arial" SIZE=5><P>2</B></FONT></TD>
<TD WIDTH="85%" VALIGN="TOP" COLSPAN=4>
<B><FONT FACE="CG Times,Times New Roman" SIZE=2>
</B><P>CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*</FONT></TD>
<TD WIDTH="9%" VALIGN="TOP" COLSPAN=2>
<FONT FACE="CG Times,Times New Roman" SIZE=2><P>(a)&nbsp;<FONT FACE="Wingdings">&#111;</FONT>
</FONT><FONT FACE="CG Times,Times New Roman" SIZE=5><BR>
</FONT><FONT FACE="CG Times,Times New Roman" SIZE=2>(b)&nbsp;<FONT FACE="Wingdings">&#111;</FONT>
</FONT></TD>
</TR>
<TR><TD WIDTH="6%" VALIGN="TOP">
<FONT FACE="CG Times,Times New Roman" SIZE=2>
</FONT><B><FONT FACE="Arial" SIZE=5><P>3</B></FONT></TD>
<TD WIDTH="94%" VALIGN="TOP" COLSPAN=6 BGCOLOR="#ffffff">
<B><FONT FACE="CG Times,Times New Roman" SIZE=2>
</B><P>SEC USE ONLY</FONT></TD>
</TR>
<TR><TD WIDTH="6%" VALIGN="TOP">
<FONT FACE="CG Times,Times New Roman" SIZE=2>
</FONT><B><FONT FACE="Arial" SIZE=5><P>4</B></FONT></TD>
<TD WIDTH="94%" VALIGN="TOP" COLSPAN=6>
<B><FONT FACE="CG Times,Times New Roman" SIZE=2>
</B><P>CITIZENSHIP OR PLACE OF ORGANIZATION<BR>
<BR>
 DELAWARE</FONT></TD>
</TR>
<TR><TD WIDTH="28%" VALIGN="TOP" COLSPAN=2 ROWSPAN=4>
<FONT FACE="CG Times,Times New Roman" SIZE=2>
<P ALIGN="CENTER"><BR>
<BR>
NUMBER OF<BR>
SHARES<BR>
BENEFICIALLY<BR>
OWNED BY<BR>
EACH<BR>
REPORTING<BR>
PERSON<BR>
WITH</FONT></TD>
<TD WIDTH="7%" VALIGN="TOP">
<FONT FACE="CG Times,Times New Roman" SIZE=2>
</FONT><B><FONT FACE="Arial" SIZE=5><P>5</B></FONT></TD>
<TD WIDTH="65%" VALIGN="TOP" COLSPAN=4>
<B><FONT FACE="CG Times,Times New Roman" SIZE=2>
</B><P>SOLE VOTING POWER<BR>
<BR>
0</FONT></TD>
</TR>
<TR><TD WIDTH="7%" VALIGN="TOP">
<FONT FACE="CG Times,Times New Roman" SIZE=2>
</FONT><B><FONT FACE="Arial" SIZE=5><P>6</B></FONT></TD>
<TD WIDTH="65%" VALIGN="TOP" COLSPAN=4>
<B><FONT FACE="CG Times,Times New Roman" SIZE=2>
</B><P>SHARED VOTING POWER<BR>
<BR>
13,351,500</FONT></TD>
</TR>
<TR><TD WIDTH="7%" VALIGN="TOP">
<FONT FACE="CG Times,Times New Roman" SIZE=2>
</FONT><B><FONT FACE="Arial" SIZE=5><P>7</B></FONT></TD>
<TD WIDTH="65%" VALIGN="TOP" COLSPAN=4>
<B><FONT FACE="CG Times,Times New Roman" SIZE=2>
</B><P>SOLE DISPOSITIVE POWER<BR>
<BR>
0</FONT></TD>
</TR>
<TR><TD WIDTH="7%" VALIGN="TOP">
<FONT FACE="CG Times,Times New Roman" SIZE=2>
</FONT><B><FONT FACE="Arial" SIZE=5><P>8</B></FONT></TD>
<TD WIDTH="65%" VALIGN="TOP" COLSPAN=4>
<B><FONT FACE="CG Times,Times New Roman" SIZE=2>
</B><P>SHARED DISPOSITIVE POWER<BR>
<BR>
13,351,500</FONT></TD>
</TR>
<TR><TD WIDTH="6%" VALIGN="TOP">
<FONT FACE="CG Times,Times New Roman" SIZE=2>
</FONT><B><FONT FACE="Arial" SIZE=5><P>9</B></FONT></TD>
<TD WIDTH="94%" VALIGN="TOP" COLSPAN=6>
<B><FONT FACE="CG Times,Times New Roman" SIZE=2>
</B><P>AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<BR>
<BR>
13,351,500</FONT></TD>
</TR>
<TR><TD WIDTH="6%" VALIGN="TOP">
<FONT FACE="CG Times,Times New Roman" SIZE=2>
</FONT><B><FONT FACE="Arial" SIZE=5><P>10</B></FONT></TD>
<TD WIDTH="85%" VALIGN="TOP" COLSPAN=5>
<B><FONT FACE="CG Times,Times New Roman" SIZE=2>
</B><P>CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*</FONT></TD>
<TD WIDTH="8%" VALIGN="TOP">
<B><FONT FACE="CG Times,Times New Roman" SIZE=2>
</B></FONT><FONT FACE="CG Times,Times New Roman" SIZE=5><P><FONT FACE="Wingdings">&#111;</FONT>
</FONT></TD>
</TR>
<TR><TD WIDTH="6%" VALIGN="TOP">
<FONT FACE="CG Times,Times New Roman" SIZE=2>
</FONT><B><FONT FACE="Arial" SIZE=5><P>11</B></FONT></TD>
<TD WIDTH="94%" VALIGN="TOP" COLSPAN=6>
<B><FONT FACE="CG Times,Times New Roman" SIZE=2>
</B><P>PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)<BR>
<BR>
44.5%**</FONT></TD>
</TR>
<TR><TD WIDTH="6%" VALIGN="TOP">
<FONT FACE="CG Times,Times New Roman" SIZE=2>
</FONT><B><FONT FACE="Arial" SIZE=5><P>12</B></FONT></TD>
<TD WIDTH="94%" VALIGN="TOP" COLSPAN=6>
<B><FONT FACE="CG Times,Times New Roman" SIZE=2>
</B><P>TYPE OF REPORTING PERSON</P>
<P><BR>
CO</FONT></TD>
</TR>
</TABLE>
</CENTER></P>

<FONT SIZE=3><P>** Based on the 30,006,250 shares of Common Stock of the Issuer issued and outstanding as of October 13, 2005 as reflected in the Issuer's Prospectus filed on such date with the Securities and Exchange Commission pursuant to Rule 424(b)(1) relating to Registration No. 333-128460.</P>
</FONT>

<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>

<P>CUSIP No. Y21110104&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13G&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Page 4 of 8 Pages</P>

<P>&nbsp;</P>
<P>Item 1(a).&nbsp;&nbsp;&nbsp;Name of Issuer:<BR>
</P>
<P>The name of the issuer is Double Hull Tankers, Inc. (the &quot;Issuer&quot; or the &quot;Company&quot;).</P>

<P>Item 1(b).&nbsp;&nbsp;&nbsp;Address of the Issuer's Principal Executive Offices:<BR>
</P>
<P>The Company's principal executive offices are located at 26 New Street, St. Heller, Jersey JE23RA, the Channel Islands.</P>

<P>&nbsp;</P>
<P>Item 2.(a).&nbsp;&nbsp;&nbsp;Name of Person Filing:<BR>
</P>
<P>This statement is being filed by:</P>

<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=7 WIDTH=562>
<TR><TD WIDTH="14%" VALIGN="TOP">
<P>(i)</TD>
<TD WIDTH="86%" VALIGN="TOP">
<P>OSG International, Inc. (&quot;OIN&quot;).; and</TD>
</TR>
<TR><TD WIDTH="14%" VALIGN="TOP">
<P>(ii)</TD>
<TD WIDTH="86%" VALIGN="TOP">
<P>Overseas Shipholding Group, Inc. (&quot;OSG&quot;)</TD>
</TR>
</TABLE>


<P>Item 2(b).&nbsp;&nbsp;&nbsp;Address of Principal Business Office, or, if None, Residence:</P>

<P>The address of the registered office of OIN is Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH 96960.</P>

<P>The address of the principal office of OSG is 666 Third Avenue, 5<SUP>th</SUP> Floor, New York, New York 10017, U.S.A.</P>

<P>Item 2(c).&nbsp;&nbsp;&nbsp;Citizenship:</P>

<P>OIN is a corporation organized under the laws of the Republic of the Marshall Islands.  OSG is a corporation organized under the laws of the State of Delaware.</P>

<P>Item 2(d).&nbsp;&nbsp;&nbsp;Title of Class of Securities:</P>

<P>The title and class of securities is common stock, par value $.01 per share (the &quot;Common Stock&quot;)</P>

<P>Item 2(e)&nbsp;&nbsp;&nbsp;CUSIP Number:</P>

<P>The CUSIP Number of the Common Stock is:  Y21110104</P>


<P>&nbsp;</P>

<P>CUSIP No. Y21110104&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13G&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Page 5 of 8 Pages</P>

<P>Item 3.&nbsp;&nbsp;If this statement is filed pursuant to Rules 13d-1(b) or 13d-2(b) or (c), check <BR>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;whether the person filing is a:</P>

<P ALIGN="RIGHT"><TABLE CELLSPACING=0 BORDER=0 CELLPADDING=2 WIDTH=540>
<TR><TD WIDTH="8%" VALIGN="TOP">
<P>(a)</TD>
<TD WIDTH="8%" VALIGN="TOP">
<FONT FACE="CG Times,Times New Roman"><P><FONT FACE="Wingdings">&#111;</FONT>
</FONT></TD>
<TD WIDTH="84%" VALIGN="TOP">
<P>Broker or dealer registered under Section 15 of the Act,</TD>
</TR>
<TR><TD WIDTH="8%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="8%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="84%" VALIGN="TOP">&nbsp;</TD>
</TR>
<TR><TD WIDTH="8%" VALIGN="TOP">
<P>(b)</TD>
<TD WIDTH="8%" VALIGN="TOP">
<FONT FACE="CG Times,Times New Roman"><P><FONT FACE="Wingdings">&#111;</FONT>
</FONT></TD>
<TD WIDTH="84%" VALIGN="TOP">
<P>Bank as defined in Section 3(a) (6) of the Act,</TD>
</TR>
<TR><TD WIDTH="8%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="8%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="84%" VALIGN="TOP">&nbsp;</TD>
</TR>
<TR><TD WIDTH="8%" VALIGN="TOP">
<P>(c)</TD>
<TD WIDTH="8%" VALIGN="TOP">
<FONT FACE="CG Times,Times New Roman"><P><FONT FACE="Wingdings">&#111;</FONT>
</FONT></TD>
<TD WIDTH="84%" VALIGN="TOP">
<P>Insurance Company as defined in Section 3(a) (19) of the Act,</TD>
</TR>
<TR><TD WIDTH="8%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="8%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="84%" VALIGN="TOP">&nbsp;</TD>
</TR>
<TR><TD WIDTH="8%" VALIGN="TOP">
<P>(d)</TD>
<TD WIDTH="8%" VALIGN="TOP">
<FONT FACE="CG Times,Times New Roman"><P><FONT FACE="Wingdings">&#111;</FONT>
</FONT></TD>
<TD WIDTH="84%" VALIGN="TOP">
<P>Investment Company registered under Section 8 of the Investment Company Act of 1940,</TD>
</TR>
<TR><TD WIDTH="8%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="8%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="84%" VALIGN="TOP">&nbsp;</TD>
</TR>
<TR><TD WIDTH="8%" VALIGN="TOP">
<P>(e)</TD>
<TD WIDTH="8%" VALIGN="TOP">
<FONT FACE="CG Times,Times New Roman"><P><FONT FACE="Wingdings">&#111;</FONT>
</FONT></TD>
<TD WIDTH="84%" VALIGN="TOP">
<P>Investment Adviser in accordance with Rule  13d-1(b)(1)(ii)(E),</TD>
</TR>
<TR><TD WIDTH="8%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="8%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="84%" VALIGN="TOP">&nbsp;</TD>
</TR>
<TR><TD WIDTH="8%" VALIGN="TOP">
<P>(f)</TD>
<TD WIDTH="8%" VALIGN="TOP">
<FONT FACE="CG Times,Times New Roman"><P><FONT FACE="Wingdings">&#111;</FONT>
</FONT></TD>
<TD WIDTH="84%" VALIGN="TOP">
<P>Employee Benefit Plan or Endowment Fund in accordance with Rule 13d-1(b) (1) (ii) (F),</TD>
</TR>
<TR><TD WIDTH="8%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="8%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="84%" VALIGN="TOP">&nbsp;</TD>
</TR>
<TR><TD WIDTH="8%" VALIGN="TOP">
<P>(g)</TD>
<TD WIDTH="8%" VALIGN="TOP">
<FONT FACE="CG Times,Times New Roman"><P><FONT FACE="Wingdings">&#111;</FONT>
</FONT></TD>
<TD WIDTH="84%" VALIGN="TOP">
<P>Parent Holding Company or control person in accordance with Rule 13d-1(b) (1) (ii) (G),</TD>
</TR>
<TR><TD WIDTH="8%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="8%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="84%" VALIGN="TOP">&nbsp;</TD>
</TR>
<TR><TD WIDTH="8%" VALIGN="TOP">
<P>(h)</TD>
<TD WIDTH="8%" VALIGN="TOP">
<FONT FACE="CG Times,Times New Roman"><P><FONT FACE="Wingdings">&#111;</FONT>
</FONT></TD>
<TD WIDTH="84%" VALIGN="TOP">
<P>Savings Association as defined in Section 3(b) of the Federal Deposit Insurance Act,</TD>
</TR>
<TR><TD WIDTH="8%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="8%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="84%" VALIGN="TOP">&nbsp;</TD>
</TR>
<TR><TD WIDTH="8%" VALIGN="TOP">
<P>(i)</TD>
<TD WIDTH="8%" VALIGN="TOP">
<FONT FACE="CG Times,Times New Roman"><P><FONT FACE="Wingdings">&#111;</FONT>
</FONT></TD>
<TD WIDTH="84%" VALIGN="TOP">
<P>A Church Plan that is excluded from the definition of an investment company under Section 3(c) (14) of the Investment Company Act of 1940,</TD>
</TR>
<TR><TD WIDTH="8%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="8%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="84%" VALIGN="TOP">&nbsp;</TD>
</TR>
<TR><TD WIDTH="8%" VALIGN="TOP">
<P>(j)</TD>
<TD WIDTH="8%" VALIGN="TOP">
<FONT FACE="CG Times,Times New Roman"><P><FONT FACE="Wingdings">&#111;</FONT>
</FONT></TD>
<TD WIDTH="84%" VALIGN="TOP">
<P>Group, in accordance with Rule 13d-1(b) (1) (ii) (J).</TD>
</TR>
</TABLE>
</P>


<P>If this statement is filed pursuant to Rule 13d-1(c), check the box.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT FACE="Wingdings">&#111;</FONT>
</P>

<P>Item 4.&nbsp;&nbsp;&nbsp;Ownership</P>

<P>There are 30,006,250 shares of Common Stock issued and outstanding based on the Company's Prospectus.</P>

<P>OIN is the record holder of 13,351,500 shares (the &quot;Shares&quot;) of Common Stock, constituting 44.5% of the shares of Common Stock based on the foregoing number of outstanding shares of Common Stock.  OIN acquired all of the Shares prior&nbsp;to the initial public offering by the Company of its Common Stock in October 2005.  OSG, directly and indirectly, owns all of the capital stock of OIN and as a result is deemed to share with OIN the voting and disposition of the Shares.</P>

<P>&nbsp;</P>
<P>CUSIP No. Y21110104&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13G&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Page 6 of 8 Pages</P>

<P>&nbsp;</P>
<P>Item 5.&nbsp;&nbsp;Ownership of Five Percent or Less of a Class.</P>

<P>Not Applicable.</P>

<P>&nbsp;</P>
<P>Item 6.&nbsp;&nbsp;&nbsp;Ownership of More than Five Percent on Behalf of Another Person.</P>
<DIR>
<DIR>
<DIR>
<DIR>

<P>Not Applicable.</P>

<P>&nbsp;</P></DIR>
</DIR>
</DIR>
</DIR>

<P>Item 7.&nbsp;&nbsp;Identification and Classification of the Subsidiary which Acquired the<BR>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Security Being Reported on By the Parent Holding Company or Control Person.</P>

<P>Not Applicable.</P>

<P>&nbsp;</P>
<P>Item 8.&nbsp;&nbsp;&nbsp;Identification and Classification of Members of the Group.</P>

<P>Not Applicable.</P>

<P>&nbsp;</P>
<P>Item 9.&nbsp;&nbsp;&nbsp;Notice of Dissolution of Group.</P>

<P>Not Applicable.</P>

<P>&nbsp;</P>
<P>Item 10.&nbsp;&nbsp;Certification.</P>

<P>Not Applicable</P>

<FONT SIZE=3><P>&nbsp;</P>
</FONT><P>&nbsp;</P>
<P>&nbsp;</P>

<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>

<P>CUSIP No. Y21110104&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13G&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Page 7 of 8 Pages</P>

<P>&nbsp;</P>
<FONT SIZE=3><P>&nbsp;</P>
<P ALIGN="CENTER">SIGNATURE</P>

<P>After reasonable inquiry and to the best of the knowledge and belief of each of the undersigned, the undersigned certify that the information set forth in this Statement is true, complete and correct.</P>

<P>&nbsp;</P>
<P>&nbsp;</P>
</FONT><P>&nbsp;</P>
<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=7 WIDTH=553>
<TR><TD WIDTH="43%" VALIGN="TOP">
<FONT SIZE=3><P>Dated: &nbsp;February 10, 2006</FONT></TD>
<TD WIDTH="57%" VALIGN="TOP">
<FONT SIZE=3><P>OSG INTERNATIONAL, INC.</FONT></TD>
</TR>
<TR><TD WIDTH="43%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="57%" VALIGN="TOP">
<FONT SIZE=3><P><BR>
By:</FONT> :<U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/s/James I. Edelson&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U></TD>
</TR>
<TR><TD WIDTH="43%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="57%" VALIGN="TOP">
<P>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name:&nbsp;&nbsp;&nbsp;&nbsp;James I. Edelson<BR>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vice President and Secretary</TD>
</TR>
<TR><TD WIDTH="43%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="57%" VALIGN="TOP">&nbsp;</TD>
</TR>
<TR><TD WIDTH="43%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="57%" VALIGN="TOP">&nbsp;</TD>
</TR>
<TR><TD WIDTH="43%" VALIGN="TOP">
<FONT SIZE=3><P>Dated:&nbsp;February&nbsp;10, 2006</FONT></TD>
<TD WIDTH="57%" VALIGN="TOP">
<FONT SIZE=3><P>OVERSEAS SHIPHOLDING GROUP, INC.</FONT></TD>
</TR>
<TR><TD WIDTH="43%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="57%" VALIGN="TOP">
<FONT SIZE=3><P><BR>
By:</FONT> :<U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/s/Myles R. Itkin&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U></TD>
</TR>
<TR><TD WIDTH="43%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="57%" VALIGN="TOP">
<P>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name:&nbsp;&nbsp;Myles R. Itkin<BR>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title:&nbsp;&nbsp;&nbsp;&nbsp;Senior Vice President, Chief<BR>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Financial Officer and Treasurer</TD>
</TR>
</TABLE>

<FONT SIZE=3>
<P>&nbsp;</P>
<P>&nbsp;</P>
</FONT>

<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>CUSIP No. Y21110104&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13G&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Page 8 of 8 Pages</P>
<FONT SIZE=3>
<P>&nbsp;</P>
</FONT><B><U><P ALIGN="CENTER"><A NAME="_DV_M38"><A NAME="_DV_M39"></A></A>EXHIBIT INDEX</P>
</B></U>
<P ALIGN="RIGHT"><TABLE CELLSPACING=0 BORDER=0 CELLPADDING=7 WIDTH=487>
<TR><TD WIDTH="21%" VALIGN="TOP">
<B><U><P>Exhibit No.</B></U></TD>
<TD WIDTH="79%" VALIGN="TOP">
<B><U><P>Description</B></U></TD>
</TR>
<TR><TD WIDTH="21%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="79%" VALIGN="TOP">&nbsp;</TD>
</TR>
<TR><TD WIDTH="21%" VALIGN="TOP">
<P>99.1</TD>
<TD WIDTH="79%" VALIGN="TOP">
<P><A NAME="_DV_M40"></A>Joint Filing Agreement, dated February&nbsp;&nbsp;10, 2006, between Overseas Shipholding Group, Inc. and OSG International, Inc.</TD>
</TR>
</TABLE>
</P>

<FONT SIZE=3><P><A NAME="_DV_M41"><A NAME="_DV_M42"><A NAME="_DV_M43"></A></A></A></P>

<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P>
<P>&nbsp;</P></FONT></BODY>
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<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<FILENAME>dht99.htm
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<HEAD>
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<BODY>

<P ALIGN="RIGHT">                                                                  EXHIBIT 99.1</P>

<P>&nbsp;</P>
<P>&nbsp;</P>
<P ALIGN="CENTER">JOINT FILING AGREEMENT</P>

<P>&nbsp;</P>
<P>     In accordance  with Rule  13d-1(k)(1)  promulgated  under  the  Securities Exchange Act of 1934, the  undersigned  agree to the joint filing of a Statement on Schedule 13G (including  any and all amendments  thereto) with respect to the Common Stock,  par value $0.01 per share, of  Double Hull Tankers, Inc., and further agree to the filing of this agreement as an exhibit thereto.  </P>

<P>&#9;In addition, OSG International, Inc. expressly  authorizes Overseas Shipholding Group, Inc. to file on its behalf any and all amendments to such Statement on Schedule 13G.</P>

<P>&nbsp;</P>
<P>Date:  February 10, 2006</P>

<P>&nbsp;</P>
<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=7 WIDTH=582>
<TR><TD WIDTH="39%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="61%" VALIGN="TOP">
<P>OVERSEAS SHIPHOLDING GROUP, INC.<BR>
<BR>
By:<U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/s/Myles R. Itkin&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U></TD>
</TR>
<TR><TD WIDTH="39%" VALIGN="TOP" HEIGHT=37><P></P></TD>
<TD WIDTH="61%" VALIGN="TOP" HEIGHT=37>
<P>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name:&nbsp;&nbsp;Myles R. Itkin<BR>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title: &nbsp;&nbsp;&nbsp;Senior Vice President, Chief<BR>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial Officer and Treasurer</TD>
</TR>
<TR><TD WIDTH="39%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="61%" VALIGN="TOP">&nbsp;</TD>
</TR>
<TR><TD WIDTH="39%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="61%" VALIGN="TOP">&nbsp;</TD>
</TR>
<TR><TD WIDTH="39%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="61%" VALIGN="TOP">&nbsp;</TD>
</TR>
<TR><TD WIDTH="39%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="61%" VALIGN="TOP">
<P>OSG INTERNATIONAL, INC.<BR>
<BR>
By:<U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/s/James I. Edelson&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U></TD>
</TR>
<TR><TD WIDTH="39%" VALIGN="TOP" HEIGHT=37><P></P></TD>
<TD WIDTH="61%" VALIGN="TOP" HEIGHT=37>
<P>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name:&nbsp;&nbsp;&nbsp;&nbsp;James I. Edelson<BR>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title: &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vice President and Secretary</TD>
</TR>
</TABLE>


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