SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1)
OMI Corp.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
670874 10 6
(CUSIP Number)
Check the following box if a fee is being paid with this
statement [X]. (A fee is not required only if the filing
person: (1) has a previous statement on file reporting
beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment
subsequent thereto reporting beneficial ownership of five
percent or less of such class.) (See Rule 13d-7).
*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.
The information required in the remainder of this cover page
shall not be deemed to be "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 provisions of the Act (however, see the
Notes).
13G
CUSIP NO. 670874 10 6
1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Norwest Corporation
Tax Identification No. 41-0449260
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
3) SEC USE ONLY
4) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF (5) SOLE VOTING POWER
SHARES 3,052,517
BENEFICIALLY (6) SHARED VOTING POWER
OWNED BY 14,000
EACH (7) SOLE DISPOSITIVE POWER
REPORTING 3,278,317
PERSON (8) SHARED DISPOSITIVE POWER
WITH 0
9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON
3,282,317
10) CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES*
11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
10.7%
12) TYPE OF REPORTING PERSON*
HC
13G
CUSIP NO. 670874 10 6
1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Norwest Colorado, Inc.
Tax Identification No. 84-1187164
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
3) SEC USE ONLY
4) CITIZENSHIP OR PLACE OF ORGANIZATION
Colorado
NUMBER OF (5) SOLE VOTING POWER
SHARES 2,993,400
BENEFICIALLY (6) SHARED VOTING POWER
OWNED BY 14,000
EACH (7) SOLE DISPOSITIVE POWER
REPORTING 3,219,200
PERSON (8) SHARED DISPOSITIVE POWER
WITH 0
9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON
3,223,200
10) CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES*
11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
10.5%
12) TYPE OF REPORTING PERSON*
HC
13G
CUSIP NO. 670874 10 6
1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Norwest Bank Colorado, National Association
Tax Identification No. 84-0187632
2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
3) SEC USE ONLY
4) CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
NUMBER OF (5) SOLE VOTING POWER
SHARES 2,993,400
BENEFICIALLY (6) SHARED VOTING POWER
OWNED BY 14,000
EACH (7) SOLE DISPOSITIVE POWER
REPORTING 3,219,200
PERSON (8) SHARED DISPOSITIVE POWER
WITH 0
9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON
3,223,200
10) CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES*
11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
10.5%
12) TYPE OF REPORTING PERSON*
BK
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1)
DISCLAIMER: Information in this Schedule 13G is provided
solely for the purpose of complying with Sections 13(d) and
13(g) of the Act and regulations promulgated thereunder, and is
not to be construed as an admission that Norwest Corporation or
any of its subsidiaries is the beneficial owner of the
securities covered by this Schedule 13G for any purpose
whatsoever.
Item 1(a) Name of Issuer:
OMI Corp.
Item 1(b) Address of Issuer's Principal Executive Offices:
90 Park Avenue
New York, NY 10036
Item 2(a) Name of Person Filing:
1. Norwest Corporation
2. Norwest Colorado, Inc. (NCI)
3. Norwest Bank Colorado, National Association
(NBC)
Item 2(b) Address of Principal Business Office:
1. Norwest Corporation
Norwest Center
Sixth and Marquette
Minneapolis, MN 55479-1026
2. Norwest Colorado, Inc.
Norwest Bank Bldg.
1740 Broadway
Denver, CO 80274-8620
3. Norwest Bank Colorado, National Association
1740 Broadway
Denver, CO 80274-8677
Item 2(c) Citizenship:
1. Norwest Corporation: Delaware
2. NCI: Colorado
3. NBC: United States
Item 2(d) Title of Class of Securities:
Common Stock
Item 2(e) CUSIP Number:
670874 10 6
Item 3 The person filing is a:
1. Norwest Corporation: Parent Holding Company in
accordance with 240.13d-1(b)(ii)(G)
2. NCI: Parent Holding Company in accordance with
240.13d-1(b)(ii)(G)
3. NBC: Bank as defined in Section 3(a)(6) of the
Act
Item 4 Ownership:
(a) Amount beneficially owned: 3,282,317 shares
(includes 3,223,200 shares deemed to be
beneficially owned by NBC through its subsidiary NBC)
(b) Percent of class: 10.7%
(c) Number of shares as to which such person has:
(i) Sole power to vote or direct the vote:
3,052,517
(ii) Shared power to vote or direct the vote:
14,000
(iii) Sole power to dispose or to direct the
disposition of: 3,278,317
(iv) Shared power to dispose or direct the
disposition of: 0
Item 5 Ownership of Five Percent or Less of a Class:
Not Applicable.
Item 6 Ownership of More than Five Percent on Behalf of
Another Person:
Persons other than Norwest Corporation and its
subsidiaries have the right to receive, or the power
to direct the receipt of, dividends from, or the
proceeds from the sale of, such securities. To the knowledge
of Norwest Corporation, no interest of any such person
represents more than 5% of the class.
Item 7 Identification and Classification of the Subsidiary
Which Acquired the Security Being Reported on by the
Parent Holding Company:
See Attachment A.
Item 8 Identification and Classification of Members of the
Group:
Not Applicable.
Item 9 Notice of Dissolution of Group:
Not Applicable.
Item 10 Certification:
By signing below, I certify that, to the best of my
knowledge and belief, the securities referred to
above were acquired in the ordinary course of business and
were not acquired for the purpose of and do not have the
effect of changing or influencing the control of the issuer
of such securities and were not acquired in connection
with or as a participant in any transaction having such
purposes or effect.
Signature.
After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this
statement is true, complete, and correct.
Date: June 7, 1995
NORWEST CORPORATION
By: /s/ Laurel A. Holschuh
Laurel A. Holschuh, Senior Vice President
and Secretary
ATTACHMENT A
The Schedule 13G to which this attachment is appended is filed
on behalf of the subsidiaries listed below, all of which are
classified for purposes of Regulation 13d-1(b)(ii)(B) as banks,
with the exception of Norwest Colorado, Inc. Norwest Colorado,
Inc. is a wholly owned subsidiary of Norwest Corporation and is
the parent holding company of Norwest Bank Colorado, National
Association.
Norwest Bank Colorado, National Association
Norwest Bank Minnesota, National Association
Norwest Colorado, Inc.