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NEW YORK--(BUSINESS WIRE)--International Seaways, Inc. (NYSE: INSW) announces today that it has successfully placed $250 million of new senior unsecured bonds in the Nordic bond market. The new bonds are due to mature in September 2030 and will pay a fixed coupon of 7.125% per annum, payable semi-annually in arrears. An application will be made for the bonds to be listed on the Oslo Stock Excha...
NEW YORK--(BUSINESS WIRE)--International Seaways, Inc. (NYSE: INSW), through its Norwegian investment banks, will arrange a series of fixed income investor meetings commencing September 3, 2025. A five-year USD denominated senior unsecured bond issue may follow, subject to inter alia market conditions. The net proceeds from the contemplated bond issue are intended to be used for the refinancing...
International Seaways posted mixed Q2-2025 results, with higher revenues quarter-over-quarter but a decline year-over-year due to lower day rates. The company maintains a strong balance sheet, with manageable debt, robust liquidity, and significant vessel sale proceeds enhancing financial flexibility. Favorable tanker market dynamics, including vessel shortages and longer voyage routes, support...
International Seaways, Inc. (NYSE:INSW ) Q2 2025 Earnings Conference Call August 6, 2025 9:00 AM ET Company Participants Derek G. Solon - Senior VP & Chief Commercial Officer James D.
International Seaways (INSW 2.96%), an independent tanker company specializing in the transportation of crude oil and petroleum products, released its second quarter 2025 results on August 6, 2025. The company delivered earnings above analyst expectations, posting adjusted (non-GAAP) earnings per share of $1.02 compared to the $0.93 forecast.
NEW YORK--(BUSINESS WIRE)--International Seaways, Inc. (NYSE: INSW) (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 2025. HIGHLIGHTS & RECENT DEVELOPMENTS Quarterly Results: Net income for the second quarter of 2025 was $62 million, or...
NEW YORK--(BUSINESS WIRE)--International Seaways, Inc. (NYSE: INSW) (the “Company” or “INSW”) announced today that it plans to release second quarter 2025 results before market open on Wednesday, August 6, 2025. The Company will host a conference call for investors at 9:00 a.m. Eastern Time (“ET”) on the same day. Conference Call Details: Date: Wednesday, August 6, 2025 Time 9:00 AM ET Dial-in ...
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