Overseas Shipholding Group may not be pocketing any cash from its return to the capital markets but questions are still being asked about how it will deploy its huge cash reserves.

As TradeWinds reported on Friday the tanker owner is looking to list it’s A shares on the NYSE MKT without a public offering.

Erik Nikolai Stavseth of Arctic Securities notes OSG is also offering 1/10th of a share in dividend.