Welcome to our dedicated page for International Seaways news (Ticker: $INSW), a resource for investors and traders seeking the latest updates and insights on International Seaways stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect International Seaways's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of International Seaways's position in the market.
International Seaways, Inc. (NYSE: INSW) reported strong first-quarter 2024 results with net income of $144.5 million, adjusted EBITDA of $191.5 million, and total liquidity of $626 million. The Company enhanced its balance sheet, returned $1.32 per share to shareholders in dividends, and declared a $1.75 per share dividend for June 2024. They optimized their fleet, acquiring vessels and entering time charter agreements, while strengthening their financial position through debt consolidation.