International Seaways, Inc. is a maritime transportation company operating in the energy sector, specializing in the global shipping of crude oil and refined petroleum products. The company manages a fleet of tanker vessels that transport energy commodities across major international trade routes.

Its operations support the logistics of global oil markets by moving crude oil and refined products between production regions, refineries, and consumption centers.

Core services include:

• Marine transportation of crude oil using VLCC, Suezmax, and Aframax tankers

• Shipping of refined petroleum products using MR tanker vessels

• Spot-market and time-charter tanker operations

• Fleet management and technical vessel operations

• Logistics support for international oil trade

International Seaways operates globally, with shipping routes connecting North America, South America, Europe, Africa, Asia, and the Middle East. Its clients include oil producers, commodity traders, refiners, and major energy companies involved in international maritime trade.

The company’s performance is influenced by factors such as global oil production levels, tanker freight-rate cycles, supply and demand for shipping capacity, seasonal trading patterns, and regulatory standards governing maritime safety and environmental compliance.

International Seaways, Inc. is listed on the New York Stock Exchange (NYSE) under the ticker INSW.

History and Development

International Seaways was established in 2016 in New York following the spin-off of the maritime transportation business of Overseas Shipholding Group (OSG). The separation created an independent company focused exclusively on operating tanker vessels used in global energy transportation.

In its early years, the company focused on reorganizing its fleet, maintaining compliance with international maritime regulations, and strengthening commercial relationships with global oil market participants.

Over time, International Seaways expanded and modernized its fleet, increasing its exposure to different tanker classes capable of transporting both crude oil and refined petroleum products.

Today, the company operates a diversified tanker fleet supporting international oil trade and continues to adjust fleet deployment and commercial strategies in response to changing conditions in the global tanker market.