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[8-K] International Seaways, Inc. Reports Material Event

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

International Seaways, Inc. reports that a wholly owned subsidiary has acquired sole ownership of Tankers International, a major shipping pool that has provided commercial and administrative management for modern VLCC (very large crude carrier) vessels since 2000. This gives the company full control over a key platform that coordinates and markets independent VLCC tonnage.

At the same time, Tankers International announced the creation of a new pool to commercially manage Suezmax-class tankers. International Seaways plans to contribute its spot trading Suezmax vessels to this new pool, aligning its Suezmax fleet with Tankers International’s commercial management platform. The company attached a Tankers International press release about the new Suezmax pool as an exhibit.

Positive

  • None.

Negative

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Insights

INSW takes full control of a key tanker pool and aligns Suezmaxes with a new commercial platform.

The disclosure shows a wholly owned subsidiary of International Seaways acquiring sole ownership of Tankers International, which manages modern VLCC tonnage. Full ownership consolidates governance over commercial and administrative decisions for vessels participating in this VLCC pool, potentially simplifying coordination for chartering and fleet deployment.

Simultaneously, Tankers International is forming a new pool to manage Suezmax tankers, and International Seaways will contribute its spot trading Suezmaxes. This moves those ships under the same commercial umbrella as its VLCC participation, which may affect how voyage opportunities are sourced and how earnings volatility is managed, though no financial metrics are disclosed in the excerpt. Future company filings and updates may outline how this structural change influences utilization and revenue mix.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

 

FORM 8-K

 

CURRENT REPORT

 

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

 

                            January 27, 2026                            

Date of Report (Date of earliest event reported)

 

International Seaways, Inc.

(Exact Name of Registrant as Specified in Charter)

 

            1-37836-1            

Commission File Number

 

Marshall Islands   98-0467117
(State or other jurisdiction of incorporation or organization)   (I.R.S. Employer Identification Number)

 

600 Third Avenue, 39th Floor

                   New York, New York 10016                   

(Address of Principal Executive Offices) (Zip Code)

 

Registrant’s telephone number, including area code (212) 578-1600

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:  

 

 

¨Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company ¨

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class Symbol Name of each exchange on which registered
Common Stock (no par value) INSW New York Stock Exchange
Rights to Purchase Common Stock N/A New York Stock Exchange

 

 

 

 

 

Section 8 – Other Events

 

Item 8.01 Other Events.

 

On January 27, 2026, a wholly-owned subsidiary of International Seaways, Inc. (the “Company”) acquired sole ownership of Tankers International, a leading shipping pool founded in 2000, providing commercial and administrative management of modern, independent VLCC tonnage. At the same time Tankers International announced the formation of a new pool to commercially manage Suezmaxes and that the Company will contribute its spot trading Suezmaxes to such new pool.

 

A copy of the press release issued by Tankers International on January 27, 2026 announcing the creation of the Suezmax pool is attached hereto as Exhibit 99.1.

 

Section 9 – Financial Statements and Exhibits

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits

 

Pursuant to General Instruction B.2 of Form 8-K, the following exhibit is furnished with this Form 8-K.

 

Exhibit No.   Description
     
99.1   Press Release dated January 27, 2026.

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  INTERNATIONAL SEAWAYS, INC.
  (Registrant)
       
Date: January 27, 2026 By   /s/ James D. Small III
    Name: James D. Small III
    Title: Chief Administrative Officer, Senior Vice President, Secretary and General Counsel

 

 

 

 

EXHIBIT INDEX

 

Exhibit No.  Description
99.1 Press Release dated January 27, 2026.

 

 

International Seaways

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