International Seaways Inc - Company Profile

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International Seaways Inc: Segment Analysis

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Business Description

International Seaways Inc (International Seaways) is primarily involved in the transportation of crude oil and petroleum products in the International Flag trade. As of December 31, 2025, the company owned or operated an International Flag fleet of 70 vessels, with an aggregate of 8.4 million deadweight tons (dwt), consisting of VLCC, Suezmax and Aframax crude tankers, as well as LR2, LR1 and MR product carriers.

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Business Segments

Overview

Comprises a fleet of VLCCs, Suezmaxes, Aframaxes, and Panamaxes to transport unrefined petroleum Offers ship-to-ship (STS) lightering support services and full-service STS lightering such as lightering vessels to transfer cargo across the U.S. Gulf (USG), U.S. Pacific, Grand Bahama, and Panama regions Serves oil companies and trading companies that are importing or exporting crude oil in the USG to or from larger Suezmax and VLCC vessels, that are restricted from using certain ports due to their size and draft

Performance

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Overview

Consists of a fleet of vessels, including MRs, LR1s, and an LR2 engaged in the worldwide transportation of crude, and refined petroleum products Offers gasoline, diesel and jet fuel, home heating oil, vegetable oils, and organic chemicals

Performance

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