International Seaways, Inc.: insider trades · United States · SEC (Form 4)

About International Seaways, Inc.

International Seaways, Inc. (NYSE: INSW) is a United States-based tanker shipping company focused on the international transportation of crude oil and refined petroleum products. The business sits in a highly cyclical, capital-intensive part of the maritime logistics industry, where earnings are driven by tanker supply, voyage demand, oil trade flows and charter market conditions. International Seaways emerged from the restructuring of OSG-related maritime activities and has developed into one of the larger publicly listed, balanced tanker owners in the U.S. market. The company operates a diversified fleet of oceangoing tankers, including VLCCs, Suezmaxes, Aframax/LR2 vessels, LR1s and MR product tankers. That mix gives INSW flexibility across crude and clean petroleum trades and allows it to participate in several geographic trade lanes and cargo profiles. Its business is organized into two reportable segments: Crude Tankers and Product Carriers. The company generates revenue through a combination of spot-market exposure and longer-term charter arrangements, with commercial participation in industry pools designed to improve fleet utilization and earnings optimization. From a competitive standpoint, INSW is positioned as one of the major listed tanker operators with a balanced fleet profile and a broad operating footprint. Its scale, vessel diversity and active commercial management are important advantages in an industry where earnings can swing sharply with freight cycles. The company also emphasizes balance-sheet strength and liquidity, which matter materially in shipping because they support fleet renewal, opportunistic asset purchases and resilience through downturns. Recent developments have reinforced that strategy. In 2025, International Seaways highlighted a series of vessel sales as part of fleet optimization, alongside scheduled deliveries of new LR1 vessels extending into 2026. Management also reported solid full-year 2025 operating results, while noting that product tanker earnings normalized from prior peaks. The company’s filings point to a continued focus on maintaining a modern, efficient fleet and preserving financial flexibility. For investors, INSW is best understood as a cyclical NYSE-listed energy transportation company in the United States, with earnings leverage to global oil trade patterns, tanker supply discipline and shifting maritime routes.