Company International Seaways, Inc.

Equities

INSW

MHY410531021

Oil & Gas Transportation Services

Market Closed - Nyse 04:00:02 2024-05-21 pm EDT 5-day change 1st Jan Change
64.92 USD +1.39% Intraday chart for International Seaways, Inc. +3.54% +42.74%

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 49,373,073 38,019,117 ( 77.00 %) 0 77.00 %

Shareholders

NameEquities%Valuation
Famatown Finance Ltd.
16.89 %
8,266,856 16.89 % 451 M $
Vanguard Fiduciary Trust Co.
8.147 %
3,986,353 8.147 % 218 M $
Dimensional Fund Advisors LP
6.607 %
3,232,779 6.607 % 176 M $
BlackRock Advisors LLC
6.238 %
3,052,517 6.238 % 167 M $
Navig8 Risk Management Pte Ltd.
4.734 %
2,316,171 4.734 % 126 M $
AllianceBernstein LP
3.652 %
1,786,871 3.652 % 98 M $
Donald Smith & Co., Inc.
3.003 %
1,469,493 3.003 % 80 M $
Pale Fire Capital SE
2.622 %
1,282,759 2.622 % 70 M $
Macquarie Investment Management Business Trust
2.022 %
989,571 2.022 % 54 M $
American Century Cos., Inc.
2.008 %
982,643 2.008 % 54 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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