International Seaways, Inc.

International Seaways, Inc. is a shipping company that owns and operates a fleet of oceangoing vessels for the transportation of crude oil and petroleum products in the international flag trade. The company operates through two segments: Crude Tankers and Product Carriers. Its fleet consists of 70 vessels, including Very Large Crude Carriers (VLCCs), Suezmaxes, Aframaxes, and MR, LR1, and LR2 product carriers. Additionally, International Seaways provides ship-to-ship (STS) lightering support services, such as hoses and fenders, as well as full-service STS lightering that includes lightering vessels. The company also operates MR product carriers that are IMO III compliant, allowing them to carry edible oils like palm and vegetable oil, which increases flexibility when switching between cargo grades.

International Seaways, Inc. is listed on the New York Stock Exchange (NYSE) under the ticker symbol INSW. The company's stock is traded in US Dollars (USD), as it is headquartered in the United States. The exchange and currency reflect the company's primary listing in the US market, providing investors with access to its shares in the world's largest stock exchange.

International Seaways, Inc. operates in the Energy sector, specifically within the Oil & Gas Midstream industry. This means the company is involved in the transportation and logistics of crude oil and petroleum products, acting as a midstream service provider. Unlike upstream (exploration and production) or downstream (refining and marketing) companies, International Seaways focuses on moving oil and refined products via its fleet of tankers, connecting producers with refineries and end-users globally.

International Seaways, Inc. is headquartered in New York, New York, United States. The company serves a global customer base, including independent and state-owned oil companies, oil traders, refinery operators, and international government entities. Its fleet operates in the international flag trade, meaning its vessels are registered under various flags and serve routes worldwide. The company's operations are not limited to the US; it transports crude oil and petroleum products across major shipping lanes, providing essential logistics for the global energy supply chain.

International Seaways generates revenue by owning and operating a fleet of tankers that transport crude oil and petroleum products for customers. The company earns income through time charters, voyage charters, and spot market voyages. Its fleet of 70 vessels includes VLCCs, Suezmaxes, Aframaxes, and product carriers (MR, LR1, LR2). Additionally, International Seaways provides STS lightering services, which involve transferring cargo between ships at sea, and full-service lightering using its own vessels. The company also benefits from its IMO III compliant MR product carriers, which can carry edible oils, allowing it to serve niche markets and diversify its revenue streams.