International Seaways, Inc.
International Seaways, Inc. (NYSE: INSW) operates a fleet of oceangoing vessels engaged primarily in the transportation of crude oil and petroleum products in the International Flag trade. The company maintains its website at www.intlseas.com and serves as a major player in the global maritime shipping industry. From the company’s description.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What International Seaways, Inc. does
In the company’s own words
International Seaways, Inc. (NYSE: INSW) operates a fleet of oceangoing vessels engaged primarily in the transportation of crude oil and petroleum products in the International Flag trade. The company maintains its website at www.intlseas.com and serves as a major player in the global maritime shipping industry.
As of December 31, 2025, International Seaways owns and operates 70 vessels totaling approximately 8.4 million deadweight tons, with an additional four dual-fuel ready LR1 newbuilds contracted for delivery between the first and third quarters of 2026. The fleet comprises Very Large Crude Carriers (VLCCs), Suezmax tankers, Aframax tankers, and various product carriers including LR2, LR1, and Medium Range (MR) vessels. The company's ultimate customers include major independent and state-owned oil companies, oil traders, refinery operators, and international government entities.
International Seaways operates through two reportable business segments: Crude Tankers and Product Carriers. The Crude Tankers segment, which generated approximately 52% of time charter equivalent revenues in 2025, encompasses worldwide crude oil transportation and includes a specialized Crude Tankers Lightering business providing ship-to-ship lightering services in the U.S. Gulf, U.S. Pacific, Grand Bahama, and Panama regions. The Product Carriers segment, representing 48% of revenues, focuses on transporting refined petroleum products including gasoline, diesel, jet fuel, and specialty chemicals.
The company employs a hybrid operating model utilizing both in-house expertise and third-party service providers for commercial and technical fleet management. International Seaways participates in six commercial pools—Tankers International, Maersk Tankers Suezmax Pool, Panamax International, Clean Products Tankers Alliance, Norden Tanker Pool, and Aframax International Pool—as its principal means of spot market participation. Approximately 82% of the company's aggregate time charter equivalent revenues derive from voyage charters and spot market operations, while the remainder comes from time charters and bareboat charters providing more predictable revenue streams.
The company maintains a strong balance sheet with total liquidity of $723.6 million as of December 31, 2025, and pursues a disciplined capital allocation strategy focused on fleet optimization, operational excellence, and shareholder returns through dividends and strategic investments.
Company details
- Sector
- Energy
- Industry (SIC)
- Transportation & Utilities
- Headquarters
- NEW YORK, NY
- Fiscal year end
- December
- CIK
- 1679049
- SIC
- 4400
Financial performance, year by year
Fiscal 2016–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns International Seaways, Inc. — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · International Seaways, Inc.’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Could not be determined for this company: bond issues.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
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