Company International Seaways, Inc.

Equities

INSW

MHY410531021

Oil & Gas Transportation Services

Real-time Estimate Cboe BZX 02:44:18 2024-04-29 pm EDT 5-day change 1st Jan Change
55.34 USD +0.37% Intraday chart for International Seaways, Inc. +3.45% +21.92%

Business Summary

International Seaways, Inc. is a tanker company engaged in providing energy transportation services for crude oil and petroleum products in international flag markets. The Company operates through two segments: Crude Tankers and Product Carriers. The Crude Tankers segment is made up of a fleet of VLCCs, Suezmaxes, and Aframaxes engaged in the worldwide transportation of crude oil. This segment also includes its Crude Tankers Lightering business through which it provides ship-to-ship (STS) lightering support services and full-service STS lightering to customers in the United States Gulf (USG), United States Pacific, Grand Bahama, and Panama regions. The Product Carriers segment consists of a fleet of MRs, LR1 product carriers, and an LR2 product carrier engaged in the worldwide transportation of refined petroleum products. It owns and operates a fleet of about 77 vessels, including 13 VLCCs, 13 Suezmaxes, five Aframaxes/LR2s, 11 LR1s, of which four are new buildings, and 35 MR tankers.

Number of employees: 2,698

Sales per Business

USD in Million2022Weight2023Weight Delta
Product Carriers
51.1 %
533 61.6 % 548 51.1 % +2.78%
Crude Tankers
48.9 %
332 38.4 % 524 48.9 % +57.98%

Sales per region

USD in Million2022Weight2023Weight Delta
Global
100.0 %
865 100.0 % 1,072 100.0 % +23.95%

Managers

Managers TitleAgeSince
Chief Executive Officer 54 -
Director of Finance/CFO 67 16-11-29
Chief Tech/Sci/R&D Officer 55 13-12-31
Chief Administrative Officer 55 16-11-29
Investor Relations Contact - -
Corporate Officer/Principal 48 16-11-29
Comptroller/Controller/Auditor 44 -

Members of the board

Members of the board TitleAgeSince
Director/Board Member 70 21-07-15
Chairman 73 16-11-29
Director/Board Member 70 17-06-06
Director/Board Member 65 16-11-29
Director/Board Member 76 16-11-29
Director/Board Member 69 16-11-29
Director/Board Member 60 21-07-15
Chief Executive Officer 54 -
Director/Board Member 41 16-11-29

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 48,930,872 37,570,268 ( 76.78 %) 0 76.78 %

Shareholders

NameEquities%Valuation
Famatown Finance Ltd.
16.89 %
8,266,856 16.89 % 440 M $
Vanguard Fiduciary Trust Co.
7.562 %
3,700,058 7.562 % 197 M $
Dimensional Fund Advisors LP
6.537 %
3,198,419 6.537 % 170 M $
BlackRock Advisors LLC
5.891 %
2,882,342 5.891 % 153 M $
Idan Ofer
5.058 %
2,475,000 5.058 % 132 M $
Navig8 Risk Management Pte Ltd.
4.734 %
2,316,171 4.734 % 123 M $
AllianceBernstein LP
4.223 %
2,066,246 4.223 % 110 M $
Donald Smith & Co., Inc.
3.298 %
1,613,803 3.298 % 86 M $
Pale Fire Capital SE
2.621 %
1,282,469 2.621 % 68 M $
Macquarie Investment Management Business Trust
2.619 %
1,281,707 2.619 % 68 M $

Company contact information

International Seaways, Inc.

600 Third Avenue 39th floor

10016, New York

+212 578 1600

http://www.intlseas.com
address International Seaways, Inc.(INSW)

Group companies

NameCategory and Sector
Marine Shipping
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