SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 6)
OVERSEAS SHIPHOLDING GROUP, INC.
(Name of Issuer)
Common Stock (Par Value $1.00 per share)
(Title of Class of Securities)
690368 10 5
(Cusip Number)
Howard A. Shapiro, Esq., Proskauer Rose Goetz & Mendelsohn
1585 Broadway, New York, N.Y. 10022 (212) 969-3345
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
April 10, 1994
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G
to report the acquisition which is the subject of this Schedul
Check the following box if a fee is being paid with this statement
[ ]. (A fee is not required only if the reporting person: (1)
Note: Six copies of this statement, including all exhibits, should
be filed with the Commission. See Rule 13d-1(a) for other
parti
*The remainder of this cover page shall be filled out for a
reporting person's initial filing on this form with respect to the subje
The information required on the remainder of this cover page shall not
be deemed to be "filed" for the purpose of Section 18 of the
e Act of 1934 ("Act") or otherwise subject to the liabilities of that
section of the Act but shall be subject to all other provision
Cusip No. 690368 10 5
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Raphael Recanati
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [ X ]
3. SEC USE ONLY
4. SOURCE OF FUNDS
00
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) or 2(E) [ X ]
6. CITIZENSHIP OR PLACE OF ORGANIZATION
Israel
7. SOLE VOTING POWER
977,564
NUMBER OF
SHARES 8. SHARED VOTING POWER
BENEFICIALLY 5,670,362
OWNED BY
EACH 9. SOLE DISPOSITIVE POWER
REPORTING 977,564
PERSON
WITH 10. SHARED DISPOSITIVE POWER
5,670,362
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
6,647,926
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES [ ]
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
18.4%
14. TYPE OF REPORTING PERSON
IN
RAPHAEL RECANATI ("Recanati") hereby amends Schedule 13D, filed
pursuant to Section 13(d)(2)
of the Securities Exchange Act of 1934
ITEM 2. IDENTITY AND BACKGROUND.
(a) and (b) Raphael Recanati, 511 Fifth Avenue, New York, N.Y. 10017.
(c) Recanati's present principal occupation or employment is President of
Finmar Equities Co.,
511 Fifth Avenue, New York, N.Y. 100
(d) Recanati is a director of IDB Holding Corporation Ltd. and several
of its subsidiaries.
On February 16, 1994, following a len
(e) None
(f) Recanati is a citizen of Israel.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief,
I certify that the information set forth in this statement is
April , 1994
Date
Signature
Raphael Recanati
Name
