How is C.K. Limited related to Famatown and Greenwich Holdings in the International Seaways (INSW) stake?

C.K. Limited is trustee of two trusts that indirectly hold all shares of Famatown and Greenwich Holdings. Through these trusts, C.K. Limited may be deemed to beneficially own the 7,254,022 International Seaways shares disclosed in the Schedule 13D/A amendment.

Famatown group holds 7.25M International Seaways (NYSE: INSW) shares, 14.65% stake

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)

Form Type

SCHEDULE 13D/A

Rhea-AI Filing Summary

Famatown Finance Limited, Greenwich Holdings Limited and C.K. Limited report beneficial ownership of 7,254,022 International Seaways common shares, representing 14.65% of the company’s stock. This percentage is based on 49,504,696 shares outstanding as of May 5, 2026, as disclosed in International Seaways’ Form 10-Q.

The reporting entities have shared voting and dispositive power over all 7,254,022 shares and no sole power. C.K. Limited acts as trustee of trusts that indirectly hold all shares of Famatown and Greenwich Holdings, and the amendment notes no material changes to the source of funds or purpose of the investment.

Key Figures

Beneficially owned shares: 7,254,022 shares Ownership percentage: 14.65% Shares outstanding: 49,504,696 shares +3 more

6 metrics

Beneficially owned shares 7,254,022 shares International Seaways common stock reported by Famatown group

Ownership percentage 14.65% Portion of International Seaways outstanding common stock

Shares outstanding 49,504,696 shares International Seaways common stock outstanding as of May 5, 2026

Shared voting power 7,254,022 shares Shares over which reporting persons share voting power

Sole voting power 0 shares Shares over which reporting persons have sole voting power

Shared dispositive power 7,254,022 shares Shares over which reporting persons share dispositive power

Key Terms

beneficially own, shared voting power, shared dispositive power, Schedule 13D, +2 more

6 terms

beneficially own financial

"the Reporting Persons may be deemed to beneficially own 7,254,022 shares of Common Stock"

Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.

shared voting power financial

"Shared Voting Power 7,254,022.00"

Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.

shared dispositive power financial

"Shared Dispositive Power 7,254,022.00"

Schedule 13D regulatory

"previously filed a statement on Schedule 13G to report the acquisition"

A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.

Rule 13d-3 regulatory

"Pursuant to Rule 13d-3 under the Act, the Reporting Persons may be deemed to beneficially own"

Rule 13d-3 defines who is treated as the beneficial owner of a company’s shares for U.S. securities disclosure rules — essentially anyone who has the power to vote or direct how shares are voted, or the power to buy or sell them, even if they don’t hold the certificates. For investors this matters because crossing certain ownership thresholds triggers public filing and disclosure obligations and signals potential control or influence, much like having the keys to a car implies you can drive it even if it’s registered to someone else.

trustee financial

"C.K. Limited is the trustee of two trusts (the "Trusts") that indirectly hold all of the shares"

A trustee is a person or institution legally appointed to hold and manage assets or enforce an agreement on behalf of other people (beneficiaries). Think of a trustee as a neutral referee or custodian who must act in the beneficiaries’ best interests, follow the trust or contract rules, and handle distributions, recordkeeping and enforcement. Investors care because a trustworthy trustee protects their rights, ensures promised payments or remedies are delivered, and can influence recoveries if things go wrong.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/11/2026 - 04:05 PM

FAQ

How many International Seaways (INSW) shares do the Famatown group beneficially own?

The reporting entities beneficially own 7,254,022 International Seaways common shares. This holding is calculated under Rule 13d-3 and reflects shares over which they have shared voting and dispositive power, rather than direct sole ownership of the stock.

What percentage of International Seaways (INSW) does the Famatown group’s stake represent?

Their stake represents approximately 14.65% of International Seaways’ outstanding common stock. This percentage is based on 49,504,696 shares outstanding as of May 5, 2026, as reported in International Seaways’ Form 10-Q filed on May 7, 2026.

Who are the reporting persons in this International Seaways (INSW) Schedule 13D/A filing?

The reporting persons are Famatown Finance Limited, Greenwich Holdings Limited and C.K. Limited. Greenwich Holdings is the sole shareholder of Famatown, and C.K. Limited is trustee of trusts that indirectly hold all shares of Famatown and Greenwich Holdings.

What voting and dispositive powers does the Famatown group have over International Seaways (INSW) shares?

The reporting entities have shared voting power and shared dispositive power over 7,254,022 International Seaways shares. They report zero sole voting power and zero sole dispositive power, meaning decisions over these shares are exercised jointly under their disclosed arrangements.

Does this Schedule 13D/A change the purpose of the Famatown group’s investment in International Seaways (INSW)?

The amendment states there are no material changes to the previously disclosed purpose of the transaction. It also notes no material changes to the previously reported source and amount of funds used to acquire International Seaways common stock.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 5)

International Seaways, Inc.

(Name of Issuer)

Common Stock, no par value

(Title of Class of Securities)

Y41053102

(CUSIP Number)

Famatown Finance Limited
33 Promachon Eleftherias St, Deana Beach, Block 1, Floor 4, Ayios Athanasios
Limassol, G4, 4103
357-25-858-300

Keith J. Billotti, Esq.
Seward & Kissel LLP, One Battery Park Plaza
New York, NY, 10004
212-574-1200

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

05/08/2026

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

SCHEDULE 13D

Item 1.

Security and Issuer

(a)

Title of Class of Securities:

Common Stock, no par value

(b)

Name of Issuer:

International Seaways, Inc.

(c)

Address of Issuer's Principal Executive Offices:

600 Third Avenue, 39th Floor, New York, NEW YORK , 10016.

Item 1 Comment:

This Amendment No. 5 to Schedule 13D (this "Amendment No. 5") amends and supplements the Amendment No. 4 to Schedule 13D (the "Amendment No. 4") filed with the U.S. Securities and Exchange Commission (the "Commission") on March 12, 2026, the Amendment No. 3 to Schedule 13D (the "Amendment No. 3") filed with the Commission on April 22, 2024, the Amendment No. 2 to Schedule 13D (the "Amendment No. 2") filed with the Commission on September 2, 2024, the Amendment No. 1 to Schedule 13D ("Amendment No. 1") filed with the Commission on May 12, 2022 and the Schedule 13D filed with the Commission on April 27, 2022 (collectively, as amended, the "Schedule 13D") filed by Famatown Finance Limited, a Cyprus company ("Famatown"); Greenwich Holdings Limited, a Cyprus company ("Greenwich Holdings"); and C.K. Limited, a Jersey company ("C.K. Limited"), with respect to the shares of common stock, no par value per share (the "Common Stock") of International Seaways, Inc. (the "Issuer"). Capitalized terms used in this Amendment No. 5 and not otherwise defined shall have the same meanings ascribed to them in the Schedule 13D.

Item 2.

Identity and Background

(a)

This Schedule 13D is being filed on behalf of the following: (i) Famatown; (ii) Greenwich Holdings; and (iii) C.K. Limited. Famatown, Greenwich Holdings and C.K. Limited are collectively referred to as the "Reporting Persons." Greenwich Holdings is the sole shareholder of Famatown. The shares of Famatown and Greenwich Holdings are indirectly held in the Trusts. C.K. Limited is the trustee of the Trusts.

(b)

The address of Famatown's principal place of business is Deana Beach Apartments, Block 1, 4th Floor, 33 Promachon Eleftherias Street, Ayios Athanasios, 4103 Limassol, Cyprus. The address of Greenwich Holdings' principal place of business is Deana Beach Apartments, Block 1, 4th Floor, 33 Promachon Eleftherias Street, Ayios Athanasios, 4103 Limassol, Cyprus. The address of C.K. Limited's principal place of business is JTC House, 28 Esplanade, St. Helier, Jersey, Channel Islands JE4 2QP.

(c)

Famatown The principal business of Famatown is acting as an investment holding company. The name and present principal occupation of Famatown's directors and the name, principal business and address of any corporation or other organization in which such employment is conducted is set forth below. Famatown does not have any executive officers. Christakis Theodoulou - Director - Mr. Theodoulou's principal business address is Deana Beach Apartments, Block 1, 4th Floor, 33 Promachon Eleftherias Street, Ayios Athanasios, 4103 Limassol, Cyprus. Costas Saveriades - Director - Mr. Saveriades' principal business address is Iris House, 7th Floor, 740B, 8 John Kennedy Street, 3106 Limassol, Cyprus. Christophis Koufaris - Director - Mr. Koufaris' principal business address is Iris House, 8th Floor, 840A, 8 John Kennedy Street, 3106 Limassol, Cyprus. Greenwich Holdings The principal business of Greenwich Holdings is acting as an investment holding company. The name and present principal occupation of Greenwich Holdings' directors and the name, principal business and address of any corporation or other organization in which such employment is conducted is set forth below. Greenwich Holdings does not have any executive officers. Christakis Theodoulou - Director - Mr. Theodoulou's principal business address is Deana Beach Apartments, Block 1, 4th Floor, 33 Promachon Eleftherias Street, Ayios Athanasios, 4103 Limassol, Cyprus. Kyriacos Kazamias - Director - Mr. Kazamias principal business address is Georgiou Drosini 6, Potamos Germasogeias, 4043 Limassol, Cyprus. Christophis Koufaris - Director - Mr. Koufaris' principal business address is Iris House, 8th Floor, 840A, 8 John Kennedy Street, 3106 Limassol, Cyprus. C.K. Limited The principal business of C.K. Limited is acting as trustee of the Trusts that indirectly hold all of the shares of Famatown and Greenwich Holdings. The name and present principal occupation of C.K. Limited's directors and the name, principal business and address of any corporation or other organization in which such employment is conducted is set forth below. C.K Limited does not have any executive officers. Christakis Theodoulou - Director - Mr. Theodoulou's principal business address is Deana Beach Apartments, Block 1, 4th Floor, 33 Promachon Eleftherias Street, Ayios Athanasios, 4103 Limassol, Cyprus. Elena Georgiou Varnava - Alternate Director to Christakis Theodoulou - Ms. Georgiou Varnava's principal business address is Deana Beach Apartments, Block 1, 4th Floor, 33 Promachon Eleftherias Street, Ayios Athanasios, 4103 Limassol, Cyprus. JTC Directors Limited - Corporate Director - JTC Directors Limited's business address is JTC House, 28 Esplanade, St. Helier, Jersey, Channel Islands JE2 3QA. JTC Directors Limited is organized in Jersey. Castle Directors Limited - Corporate Director - Castle Directors Limited's principal business address is JTC House, 28 Esplanade, St. Helier, Jersey, Channel Islands JE2 3QA. Castle Directors Limited is organized in Jersey.

(d)

To the best knowledge of the Reporting Persons, none of the entities or persons identified in this Item 2 has, during the last five years, been convicted in any criminal proceeding (excluding traffic violations or similar misdemeanors).

(e)

To the best knowledge of the Reporting Persons, none of the entities or persons identified in this Item 2 has, during the last five years, been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws, or finding violations with respect to such laws.

(f)

Famatown Mr. Theodoulou is a citizen of Cyprus. Mr. Saveriades is a citizen of Cyprus. Mr. Koufaris is a citizen of Cyprus. Greenwich Holdings Mr. Theodoulou is a citizen of Cyprus. Mr Kazamias is a citizen of Cyprus Mr. Koufaris is a citizen of Cyprus. C.K. Limited Mr. Theodoulou is a citizen of Cyprus. Ms. Georgiou Varnava is a citizen of Cyprus. JTC Directors Limited is organized in Jersey. Castle Directors Limited is organized in Jersey.

Item 3.

Source and Amount of Funds or Other Consideration

There are no material changes to the Schedule 13D.

Item 4.

Purpose of Transaction

There are no material changes to the Schedule 13D.

Item 5.

Interest in Securities of the Issuer

(a)

The following sentence is based on 49,504,696 shares of Common Stock outstanding as of May 5, 2026, as reported in the Issuer's Form 10-Q for the quarter ended March 31, 2026, which was filed with the Commission on May 7, 2026. Pursuant to Rule 13d-3 under the Act, the Reporting Persons may be deemed to beneficially own 7,254,022 shares of Common Stock, which constitutes approximately 14.65% of the outstanding shares of Common Stock of the Issuer.

(b)

Famatown may be deemed to be the owner of 7,254,022 shares of Common Stock, constituting 14.65% of the shares of Common Stock outstanding. Famatown has the sole power to vote or direct the vote of 0 shares of Common Stock and the shared power to vote or to direct the vote of 7,254,022 shares of Common Stock. Famatown has the sole power to dispose or direct the disposition of 0 shares of Common Stock and the shared power to dispose or to direct the disposition of 7,254,022 shares of Common Stock. Greenwich Holdings, through Famatown, may be deemed to be the beneficial owner of 7,254,022 shares of Common Stock, constituting 14.65% of the shares of Common Stock outstanding. Greenwich Holdings has the sole power to vote or direct the vote of 0 shares of Common Stock and the shared power to vote or to direct the vote of 7,254,022 shares of Common Stock. Greenwich Holdings has the sole power to dispose or direct the disposition of 0 shares of Common Stock and the shared power to dispose or to direct the disposition of 7,254,022 shares of Common Stock. C.K. Limited, through Greenwich Holdings, may be deemed to be the beneficial owner of 7,254,022 shares of Common Stock, constituting 14.65% of shares of Common Stock outstanding. C.K. Limited has the sole power to vote or direct the vote of 0 shares of Common Stock and the shared power to vote or to direct the vote of 7,254,022 shares of Common Stock. C.K. Limited has the sole power to dispose or direct the disposition of 0 shares of Common Stock and the shared power to dispose or to direct the disposition of 7,254,022 shares of Common Stock.

(c)

To the best of the Reporting Persons' knowledge, all transactions in the shares of Common Stock effected in the open market by the Reporting Persons since the most recent filing of the Schedule 13D are set forth in Schedule I to this Amendment No. 5.

(d)

To the best knowledge of the Reporting Persons, no person other than the Reporting Persons has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the shares of Common Stock beneficially owned by the Reporting Persons identified in this Item 5.

(e)

Not applicable.

Item 6.

Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer

The Reporting Persons' response to Item 4 is incorporated by reference into this Item 6. To the knowledge of the Reporting Persons, there are no other contracts, arrangements, understandings or relationships (legal or otherwise) among the persons named in Item 2 with respect to any securities of the Issuer.

Item 7.

Material to be Filed as Exhibits.

Exhibit A - Joint Filing Agreement Schedule I - Information with Respect to Transactions Effected

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Famatown Finance Limited

Signature:	/s/ Christakis Theodoulou
Name/Title:	Christakis Theodoulou, Director
Date:	05/11/2026

Greenwich Holdings Limited

Signature:	/s/ Christakis Theodoulou
Name/Title:	Christakis Theodoulou, Director
Date:	05/11/2026

C.K. Limited

Signature:	/s/ Christakis Theodoulou
Name/Title:	Christakis Theodoulou, Director
Date:	05/11/2026

Source: View Original Filing on SEC EDGAR