International Seaways, Inc. INSW

Company Overview

International Seaways, Inc. (“INSW”) is a U.S.-based marine transportation company focused on the ownership and operation of oceangoing crude oil and petroleum product tankers. The company operates within the global energy shipping and maritime logistics industries, transporting crude oil, refined petroleum products, and, to a lesser extent, specialty cargoes for major oil companies, commodity traders, refiners, and government-affiliated customers. INSW generates revenue primarily through spot market charters, time charters, and pool arrangements tied to tanker utilization and freight rates across global energy trade routes.

The company’s fleet includes VLCCs, Suezmax tankers, Aframax/LR2 vessels, and MR product carriers, giving it exposure across both crude and refined product transportation markets. International Seaways was established in 2016 following a separation from Overseas Shipholding Group and subsequently expanded through acquisitions and fleet optimization initiatives, including the merger with Diamond S Shipping Inc. The company’s strategic positioning is supported by a modern and diversified tanker fleet, operational scale across multiple vessel classes, and exposure to both crude and product tanker cycles.