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Articles from International Seaways, Inc.

International Seaways Reports Third Quarter 2024 Results
International Seaways, Inc. (NYSEINSW) (the “Company,” “Seaways,” or “INSW”), one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products, today reported results for the third quarter 2024.
By International Seaways, Inc. · Via Business Wire · November 7, 2024
International Seaways to Announce Third Quarter 2024 Results on November 7, 2024
International Seaways, Inc. (NYSEINSW) (the “Company” or “INSW”) announced today that it plans to release third quarter 2024 results before market open on Thursday, November 7, 2024. The Company will host a conference call for investors at 9:00 a.m. Eastern Time (“ET”) on the same day.
By International Seaways, Inc. · Via Business Wire · October 24, 2024
International Seaways Compounds Returns to Shareholders in the Third Quarter With Repurchase of Shares
International Seaways, Inc. (NYSEINSW) (the “Company” or “INSW”), one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products, announced today that the Company has repurchased 501,646 shares of its common stock in open-market purchases over the last week, at an average price of $49.81 per share, for a total cost of approximately $25 million. The repurchased shares will be retired. The Company has approximately $25 million available under the current $50 million share repurchase program that expires at the end of 2025.
By International Seaways, Inc. · Via Business Wire · September 10, 2024
International Seaways Reports Second Quarter 2024 Results
International Seaways, Inc. (NYSEINSW) (the “Company,” “Seaways,” or “INSW”), one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products, today reported results for the second quarter 2024.
By International Seaways, Inc. · Via Business Wire · August 7, 2024
International Seaways to Announce Second Quarter 2024 Results on August 7, 2024
International Seaways, Inc. (NYSEINSW) (the “Company” or “INSW”) announced today that it plans to release second quarter 2024 results before market open on Wednesday, August 7, 2024. The Company will host a conference call for investors at 9:00 a.m. Eastern Time (“ET”) on the same day.
By International Seaways, Inc. · Via Business Wire · July 23, 2024
International Seaways Reports First Quarter 2024 Results
International Seaways, Inc. (NYSEINSW) (the “Company,” “Seaways,” or “INSW”), one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products, today reported results for the first quarter 2024.
International Seaways to Announce First Quarter 2024 Results on May 8, 2024
International Seaways, Inc. (NYSEINSW) (the “Company” or “INSW”) announced today that it plans to release first quarter 2024 results before market open on Wednesday, May 8, 2024. The Company will host a conference call for investors at 9:00 a.m. Eastern Time (“ET”) on the same day.
By International Seaways, Inc. · Via Business Wire · April 24, 2024
International Seaways, Inc. Announces Nomination of New Independent Directors
International Seaways, Inc. (NYSEINSW) (“the Company” or “INSW”), one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products, today announced proposed changes to its Board of Directors (the “Board”) ahead of the Company’s 2024 Annual Meeting of Stockholders (the “Annual Meeting), which is expected to be held in June 2024. The Company will nominate Kristian K. Johansen and Darron M. Anderson for election as independent directors to the Board at the Annual Meeting. In addition, Joseph I. Kronsberg will be retiring from the Board and will not stand for re-election.
By International Seaways, Inc. · Via Business Wire · April 17, 2024
International Seaways Reports Fourth Quarter and Full Year 2023 Results
International Seaways, Inc. (NYSEINSW) (the “Company”, “Seaways”, or “INSW”), one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products, today reported results for the fourth quarter and full year of 2023.
By International Seaways, Inc. · Via Business Wire · February 29, 2024
International Seaways to Announce Fourth Quarter and Full Year 2023 Results on February 29, 2024
International Seaways, Inc. (NYSEINSW) (the “Company” or “INSW”) announced today that it plans to release fourth quarter and full year 2023 results before market open on Thursday, February 29, 2024. The Company will host a conference call for investors at 9:00 a.m. Eastern Time (“ET”) on the same day.
By International Seaways, Inc. · Via Business Wire · February 1, 2024
International Seaways, Inc. to Present at Capital Link’s Company Presentation Series
International Seaways, Inc. (NYSEINSW) (the “Company” or “INSW”), one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products, announced today that it will participate in Capital Link’s Corporate Presentation Webinar Series on Wednesday, January 17, 2024 at 10:00 a.m. Eastern Time (“ET”). The Company will discuss its current operations, business development and views on the tanker market.
By International Seaways, Inc. · Via Business Wire · January 16, 2024
International Seaways Reports Third Quarter 2023 Results
International Seaways, Inc. (NYSEINSW) (the “Company”, “Seaways”, or “INSW”), one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products, today reported results for the third quarter 2023.
By International Seaways, Inc. · Via Business Wire · November 7, 2023
International Seaways to Announce Third Quarter 2023 Results on November 7, 2023
International Seaways, Inc. (NYSEINSW) (the ���Company” or “INSW”) announced today that it plans to release third quarter 2023 results before market open on Tuesday, November 7, 2023. The Company will host a conference call for investors at 9:00 a.m. Eastern Time (“ET”) on the same day.
By International Seaways, Inc. · Via Business Wire · October 24, 2023
International Seaways Reports Second Quarter 2023 Results
International Seaways, Inc. (NYSEINSW) (the “Company” or “INSW”), one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products, today reported results for the second quarter 2023.
By International Seaways, Inc. · Via Business Wire · August 9, 2023
International Seaways to Announce Second Quarter 2023 Results on August 9, 2023
International Seaways, Inc. (NYSEINSW) (the “Company” or “INSW”) announced today that it plans to release second quarter 2023 results before market open on Wednesday, August 9, 2023. The Company will host a conference call for investors at 9:00 a.m. Eastern Time (“ET”) on the same day.
By International Seaways, Inc. · Via Business Wire · July 26, 2023
International Seaways Announces Preliminary Results of 2023 Annual Meeting of Stockholders
International Seaways, Inc. (NYSEINSW) (the “Company” or “INSW”), one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products, today announced that based on the preliminary voting results provided by its proxy solicitor following the Company’s 2023 Annual Meeting of Stockholders (the “Annual Meeting”), INSW stockholders have voted to re-elect all ten of the Company’s nominees: Douglas D. Wheat, Timothy J. Bernlohr, Ian T. Blackley, Alexandra K. Blankenship, Randee E. Day, David I. Greenberg, Joseph I. Kronsberg, Nadim Z. Qureshi, Craig H. Stevenson, Jr., and Lois K. Zabrocky.
By International Seaways, Inc. · Via Business Wire · June 6, 2023
International Seaways Responds to Seatankers Group
International Seaways, Inc. (NYSEINSW) (the “Company” or “INSW”), one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products, today issued the following statement in response to the public letter released this morning by Famatown Finance Limited (“Seatankers”).
By International Seaways, Inc. · Via Business Wire · May 30, 2023
International Seaways Reports First Quarter 2023 Results
International Seaways, Inc. (NYSEINSW) (the “Company” or “INSW”), one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products, today reported results for the first quarter 2023.
International Seaways Reports Fourth Quarter and Full Year 2022 Results
International Seaways, Inc. (NYSEINSW) (the “Company” or “INSW”), one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products, today reported results for the fourth quarter and full year of 2022.
By International Seaways, Inc. · Via Business Wire · February 28, 2023
International Seaways to Announce Fourth Quarter and Full Year 2022 Results on February 28, 2023
International Seaways, Inc. (NYSEINSW) (the “Company” or “INSW”) announced today that it plans to release fourth quarter and full year 2022 results before market open on Tuesday, February 28, 2023. The Company will host a conference call for investors at 10:00 a.m. Eastern Time (“ET”) on the same day.
By International Seaways, Inc. · Via Business Wire · February 15, 2023
International Seaways to Participate in Capital Link’s Company Presentation Series
International Seaways, Inc. (NYSEINSW) (the “Company” or “INSW”), one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products, announced today that it will participate in Capital Link’s Corporate Presentation Series.
By International Seaways, Inc. · Via Business Wire · January 13, 2023
International Seaways Reports Third Quarter 2022 Results
International Seaways, Inc. (NYSEINSW) (the “Company” or “INSW”), one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products, today reported results for the third quarter of 2022.
By International Seaways, Inc. · Via Business Wire · November 8, 2022
International Seaways to Announce Third Quarter 2022 Results on November 8, 2022
International Seaways, Inc. (NYSEINSW) (the “Company” or “INSW”) announced today that it plans to release third quarter 2022 results before market open on Tuesday, November 8, 2022. The Company will host a conference call for investors at 9:00 a.m. Eastern Time (“ET”) on the same day.
By International Seaways, Inc. · Via Business Wire · October 26, 2022
International Seaways Issues Statement in Response to Famatown
International Seaways, Inc. (NYSEINSW) (the “Company” or “INSW”), one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products, today issued the following statement:
By International Seaways, Inc. · Via Business Wire · September 2, 2022
International Seaways Continues Returning Cash to Shareholders With Repurchase of Shares
International Seaways, Inc. (NYSEINSW) (the “Company” or “INSW”), one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products, announced today that in connection with its recently renewed $60.0 million share repurchase program, the Company has repurchased 687,740 shares of its common stock in open-market purchases in August, at an average price of $29.08 per share, for a total cost of approximately $20.0 million. The shares repurchased will be retired. The Company has approximately $40.0 million available under the current $60.0 million share repurchase program.
By International Seaways, Inc. · Via Business Wire · August 22, 2022
International Seaways Reports Second Quarter 2022 Results
International Seaways, Inc. (NYSEINSW) (the “Company” or “INSW”), one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products, today reported results for the second quarter of 2022.
By International Seaways, Inc. · Via Business Wire · August 9, 2022
International Seaways to Announce Second Quarter 2022 Results on August 9, 2022
International Seaways, Inc. (NYSEINSW) (the “Company” or “INSW”) announced today that it plans to release second quarter 2022 results before market open on Tuesday, August 9, 2022. The Company will host a conference call for investors at 9:00 a.m. Eastern Time (“ET”) on the same day.
By International Seaways, Inc. · Via Business Wire · July 27, 2022
International Seaways Monetizes FSO Joint Venture With Sale to Euronav and Increases Quarterly Cash Dividend
International Seaways, Inc. (NYSEINSW) (the “Company” or “INSW”), one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products, today announced that it has completed a transaction in which the Company has sold its 50% stake in two floating storage and offshore (FSO) vessels to its joint venture partner Euronav NV. The purchase price values the two FSO vessels at $300 million in total. Net of adjustments for working capital and expenses, International Seaways received approximately $140 million in cash from the sale.
By International Seaways, Inc. · Via Business Wire · June 7, 2022
International Seaways Announces Refinancing and Closing of New Senior Secured Sustainability-Linked Credit Facility
International Seaways, Inc. (NYSEINSW) (the “Company” or “INSW”), one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products, today announced that it has closed on a new senior secured credit facility (the “Facility”) with an aggregate capacity of $750 million, composed of a term loan of $530 million and a revolving credit facility of $220 million, of which $70 million was drawn on May 24, 2022. The Facility matures in May 2027.
By International Seaways, Inc. · Via Business Wire · May 25, 2022
International Seaways Reiterates Commitment to Delivering Shareholder Value
International Seaways, Inc. (NYSEINSW) (the “Company” or “INSW”) one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products, today issued the following statement following the open letter published on May 10, 2022, by Famatown Finance Limited (“Famatown”), a company indirectly controlled by trusts settled by Mr. John Fredriksen and a member of the Seatankers Group.
By International Seaways, Inc. · Via Business Wire · May 11, 2022
International Seaways Adopts Limited Duration Stockholder Rights Plan
International Seaways, Inc. (NYSEINSW) (the “Company” or “INSW”) one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products, announced today that its Board of Directors has unanimously adopted a limited duration stockholder rights plan (the “Rights Plan”).
International Seaways Reports First Quarter 2022 Results
International Seaways, Inc. (NYSEINSW) (the “Company” or “INSW”), one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products, today reported results for the first quarter of 2022.
International Seaways to Announce First Quarter 2022 Results on May 4, 2022
International Seaways, Inc. (NYSEINSW) (the “Company” or “INSW”) announced today that it plans to release first quarter 2022 results before market open on Wednesday, May 4, 2022. The Company will host a conference call for investors at 8:30 a.m. Eastern Time (“ET”) on the same day.
By International Seaways, Inc. · Via Business Wire · April 27, 2022
International Seaways to Announce Fourth Quarter and Full Year 2021 Results on March 2, 2022
International Seaways, Inc. (NYSEINSW) (the “Company” or “INSW”) announced today that it plans to release fourth quarter and full year 2021 results before market open on Wednesday, March 2, 2022.
By International Seaways, Inc. · Via Business Wire · February 23, 2022
International Seaways to Participate in Capital Link Company Presentation Series
International Seaways, Inc. (NYSEINSW) (the “Company” or “INSW”), one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products announced today that it will participate in Capital Link Company Presentation Series.
By International Seaways, Inc. · Via Business Wire · January 21, 2022
International Seaways Repurchases Shares
International Seaways, Inc. (NYSEINSW) (the “Company” or “INSW”), one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products announced today that in connection with its existing $50.0 million share repurchase program, the Company has repurchased 1,077,070 shares of its common stock in open-market purchases in December, at an average price of $15.44 per share, for a total cost of approximately $16.7 million. The shares repurchased will be retired. The Company has approximately $33.3 million available under the $50.0 million share repurchase program, authorized by the Board of Directors in August 2020 for a 24-month period.
By International Seaways, Inc. · Via Business Wire · December 17, 2021
International Seaways Reports Third Quarter 2021 Results
International Seaways, Inc. (NYSEINSW) (the “Company” or “INSW”), the largest U.S. based publicly-traded tanker company, today reported results for the third quarter of 2021.
By International Seaways, Inc. · Via Business Wire · November 9, 2021
International Seaways to Announce Third Quarter 2021 Results on November 9, 2021
International Seaways, Inc. (NYSEINSW) (the “Company” or “INSW”) announced today that it plans to release third quarter 2021 results before market open on Tuesday, November 9, 2021.
By International Seaways, Inc. · Via Business Wire · October 26, 2021
International Seaways Announces Refinancing of Six Vessels
International Seaways, Inc. (NYSEINSW) (the “Company” or “INSW”), one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products, today announced that it has signed agreements with Ocean Yield ASA (“Ocean Yield”) for the refinancing of six vessels in attractively structured sale leaseback transactions.
By International Seaways, Inc. · Via Business Wire · October 26, 2021
International Seaways Reports Second Quarter 2021 Results
International Seaways, Inc. (NYSEINSW) (the “Company” or “INSW”), one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products, today reported results for the second quarter of 2021.
By International Seaways, Inc. · Via Business Wire · August 9, 2021
International Seaways to Announce Second Quarter 2021 Results on August 9, 2021
International Seaways, Inc. (NYSEINSW) (the “Company” or “INSW”) announced today that it plans to release second quarter 2021 results before market open on Monday, August 9, 2021.
By International Seaways, Inc. · Via Business Wire · July 26, 2021
International Seaways Completes Merger With Diamond S Shipping
International Seaways, Inc. (NYSEINSW) (the “Company” or “INSW”), one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products, announced today the completion of its previously announced merger with Diamond S Shipping Inc. NYSE: DSSINYSEDSSI)
By International Seaways, Inc. · Via Business Wire · July 16, 2021
International Seaways to Participate in Future of Shipping Virtual Conference Presented by Maxim Group LLC and Hosted by M-Vest on June 29th, 2021
International Seaways, Inc. (NYSEINSW) (the “Company” or “INSW”), one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products announced today that INSW CFO Jeff Pribor has been invited to present at Future of Shipping Virtual Conference, presented by Maxim Group LLC and hosted by M-Vest, on Tuesday June 29th, 2021.
By International Seaways, Inc. · Via Business Wire · June 28, 2021
International Seaways Reports First Quarter 2021 Results
International Seaways, Inc. (NYSEINSW) (the “Company” or “INSW”), one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products today reported results for the first quarter of 2021.
International Seaways to Announce First Quarter 2021 Results on May 6, 2021
International Seaways, Inc. (NYSEINSW) (the “Company” or “INSW”) announced today that it plans to release first quarter 2021 results before market open on Thursday, May 6, 2021.
By International Seaways, Inc. · Via Business Wire · April 22, 2021