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International Seaways Inc - INSW STOCK NEWS

Welcome to our dedicated news page for International Seaways (Ticker: INSW), a resource for investors and traders seeking the latest updates and insights on International Seaways.

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.

Rhea-AI Summary
International Seaways, Inc. (INSW) will announce its first-quarter 2024 results on May 8, 2024. The company will host a conference call for investors at 9:00 a.m. Eastern Time on the same day. Investors can join the call through dial-in numbers or a live webcast on the company's website. An audio replay will also be available for a week following the call.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.61%
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Rhea-AI Summary
International Seaways, Inc. (NYSE: INSW) announced the nomination of new independent directors, Kristian K. Johansen and Darron M. Anderson, for election at the 2024 Annual Meeting of Stockholders. The Company will refresh its Board by nominating these directors, with Joseph I. Kronsberg retiring. The nominations follow discussions with Seatankers Group and an independent search process. The Company aims to leverage the new directors' expertise to drive strong earnings and execute its capital allocation strategy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.48%
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none
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Rhea-AI Summary
International Seaways, Inc. (INSW) reported strong financial results for the fourth quarter and full year of 2023, with record annual earnings, balance sheet enhancements, and returns to shareholders. The company's net income for 2023 increased to $556.4 million, with adjusted EBITDA of $723.8 million. Fleet optimization programs and strategic acquisitions contributed to the positive performance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.28%
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Rhea-AI Summary
International Seaways, Inc. (INSW) is set to release its fourth quarter and full year 2023 results on February 29, 2024, and will host a conference call for investors at 9:00 a.m. ET on the same day. The conference call will be available via webcast and an audio replay will be accessible for a week following the call.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.3%
Tags
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Rhea-AI Summary
International Seaways, Inc. (INSW) will participate in Capital Link’s Corporate Presentation Webinar Series on January 17, 2024, to discuss its current operations, business development, and views on the tanker market. Participants can register for the webinar and submit questions for a 1-on-1 meeting with the company's management.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.07%
Tags
conferences
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Rhea-AI Summary
International Seaways, Inc. reported a net income of $98 million for Q3 2023, with a cumulative net income of $643 million over the last twelve months. The company executed a new revolving credit facility agreement, prepaid $104 million of the principal outstanding of the $750 Million Credit Facility, and paid a combined $1.42 per share in regular and supplemental dividends in September 2023. They also sold a 2008-built MR for net proceeds of $13 million after debt repayment and declared options for two scrubber-fitted, dual-fuel (LNG) ready, LR1 newbuildings for delivery in the first quarter of 2026.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.83%
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Rhea-AI Summary
International Seaways, Inc. (INSW) plans to release Q3 2023 results on November 7, 2023, and will host a conference call for investors on the same day. A live webcast will be available on the company's website, with an audio replay accessible until November 14, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.4%
Tags
-
Rhea-AI Summary
International Seaways, Inc. (INSW) reported strong Q2 2023 results with net income of $154 million and adjusted EBITDA of $205 million. The company prepaid $75 million of debt, increased share buyback program, and entered new time charter agreements. The PR highlights the company's financial performance, fleet optimization program, and returning cash to shareholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.91%
Tags
-
Rhea-AI Summary
International Seaways, Inc. (NYSE: INSW) plans to release Q2 2023 results on August 9, 2023, followed by a conference call. The webcast will be available on the company's website. An audio replay will also be accessible for a week.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.49%
Tags
Rhea-AI Summary
International Seaways announces that all ten of its nominees have been re-elected by stockholders at the Annual Meeting. The appointment of Ernst & Young LLP as the independent registered public accounting firm for 2023 was also ratified.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.72%
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none
International Seaways Inc

NYSE:INSW

INSW Rankings

INSW Stock Data

2.55B
37.54M
23.22%
68.78%
1.66%
Deep Sea Freight Transportation
Transportation and Warehousing
Link
US
New York

About INSW

international seaways, inc. (nyse: insw) is engaged in the ownership and operation of crude, product, and chemical tankers around the world. international seaways commenced operations through its predecessor company in 2016 and currently owns and operates a fleet of 77 vessels. international seaways has an experienced team committed to the very best operating practices and the highest levels of customer service and operational efficiency. the company stands on a solid financial foundation ready to support the business and provide for agile opportunity seeking and well-timed growth. international seaways provides shipping services to customers through voyage charters, commercial pools and time charters. it works closely with all stakeholders to understand their needs and strives to exceed their expectations. the company enjoys close long term working relationships with its key commercial and technical management partners, and views the continued development of these relationships as c