1. IF IN DOUBT YOU SHOULD CONTACT YOUR FINANCIAL OR OTHER PROFESSIONAL ADVISER. (RTTNews) - International Seaways Inc. (INSW) and Diamond S Shipping Inc. (DSSI) agreed to merge in a stock-for-stock transaction. A subscription is required to . International Seaways has defended its track record against claims it has lagged rivals. On Thursday, February 10th, Jeffrey Pribor sold 1,000 shares of International Seaways stock. Who is International Seaways. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near. Inter. NYSE:INSW . Find the latest International Seaways, Inc. (INSW) stock quote, history, news and other vital information to help you with your stock trading and investing. International Seaways, Inc. is engaged in the transportation of crude oil and petroleum products in the International Flag trade. Company Description: International Seaways Ship Management LLC is located in New York, NY, United States and is part of the Deep Sea, Coastal, and Great Lakes Water Transportation Industry. News. 11 May 2022. ALL INFORMATION CONTAINED HEREIN IS PROTECTED BY LAW, INCLUDING BUT NOT LIMITED TO . 303,817 shares have traded hands. Comments are closed. New York-listed International Seaways has answered an open letter from largest shareholder Famatown Finance with a robust defense of its shareholder practices and value creation by its management . International Seaways: Q1 Earnings Snapshot. Do the numbers hold clues to what lies ahead for the stock? Such forward-looking statements represent the Company's reasonable expectation with respect to future events or circumstances based on various factors and are subject to various risks and uncertainties and assumptions relating to the Company's operations, financial results, financial condition . International Seaways, Inc. has 764 total employees across all of its locations and generates $272.55 million in sales (USD). View the latest International Seaways Inc. (INSW) stock price, news, historical charts, analyst ratings and financial information from WSJ. Comparison with all other baby bonds that pay a fixed . NYSE:INSW . . International Seaways, Inc. INSW -0.05% + Free Alerts. A securities filing on Wednesday revealed the . The Company will host a conference call to discuss its first quarter 2022 results at 8:30 a.m. Eastern Time ("ET") on Wednesday, May 4, 2022. International Seaways Inc owns and operates a fleet of oceangoing vessels engaged primarily in the transportation of crude oil and petroleum products. Diamond S shareholders will receive $10.17 per share, or 0.55375 shares, of International Seaways . Summary. International Seaways is singularly focused on delivering value to our shareholders. FORWARD-LOOKING STATEMENTS. Panamax International (PI) was established in 2005 as a joint venture by Ultranav, International Seaways (INSW) and Flota Petrolera Ecuatoriana (EP Flopec). The US$761m market-cap . . Leading European analysts are sceptical about whether John Fredriksen's tanker merger ambitions stretch to International Seaways as well as Euronav. The International Maritime Organization (IMO) is aiming for the shipping sector to reduce its greenhouse gas emissions by at least 50pc by 2050 compared with 2008 levels. Declan Bush @Declan_LL declan.bush@informa.com. The remaining three 2006-built Handysize product carriers were agreed to be sold in the second quarter for net proceeds of approximately $17.8 million. International Seaways is a tanker company that provides energy transportation services for crude oil and petroleum products in International Flag markets. It owns and operates a fleet of oceangoing vessels. Seaways International DMCC Level 26 - Suite No.2601 X2 Tower, JLT Dubai, UAE. International Seaways, Inc. completed the acquisition of Diamond S Shipping Inc. from Capital Maritime & Trading Corp., WL Ross & Co. LLC, Capital Product Partners L.P., Crude Carriers Investments Corp, Miltadis E. Marinakis and Evangelos M. Marinakis and others. The fleet consists of ULCC, VLCC, Suezmax, Aframax, and Panamax crude tankers, as well as LR1 . New York-listed International Seaways has answered an open letter from largest shareholder Famatown Finance with a robust defense of its shareholder practices and value creation by its management . 303,817 shares have traded hands. . International Seaways (INSW) delivered earnings and revenue surprises of 21.25% and 14.15%, respectively, for the quarter ended September 2021. NEW YORK--(BUSINESS WIRE)--May 9, 2022--International Seaways, Inc. (NYSE: INSW) (the "Company" or "INSW") one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products, announced today that its Board of Directors has unanimously adopted a limited duration stockholder rights plan (the "Rights Plan"). International Seaways (NYSE:INSW - Get Rating) last issued its quarterly earnings data on Wednesday, May 4th.The transportation company reported ($0.28) earnings per share for the quarter . The New York-based company said it had a loss of 26 cents per share. The FSO Asia and FSO Africa . International Seaways shareholders own approximately 55.75% of the equity of the combined company and former Diamond S Shipping stockholders own approximately 44.25%. . AHT Seaways 16. The company reported a net income of $64.4 million in Q2 2020, compared to a net loss of $16.5 million in Q2 . Brokers said that a fifth International Seaways vessel — the 51,500-dwt MR tanker High Saturn (built 2006) — has gone to unidentified Greek buyers for $14.2m. Zacks - Thu Apr 28, 4:06AM CDT. Comments are closed. On Thursday, February 10th, Jeffrey Pribor sold 1,000 shares of International Seaways stock. national Seaways ownership interests in two floating storage and offloading service vessels.International Seaways is headquartered in New York City, New York. Tanker tycoon 'extremely disappointed' at International Seaways' move to block his appointment of two new board members by diluting share holding. Brief view of the company. Acquisition stokes speculation the shipping billionaire will seek alternative target if planned merger with rival Euronav fails. International Seaways has a 52-week low of $13.05 and a 52-week high of $22.98. The Company fell 3.53% over the . News. May 4, 2022 Updated: May 4, 2022 6:57 a.m. NEW YORK (AP) _ International Seaways, Inc. (INSW) on Wednesday reported a loss of $13 million in its first quarter. The company's vessel operations are organized into two segments: Crude Tankers and Product Carriers. CLOSE . International Seaways, Inc. owns and operates a fleet of oceangoing vessels for the transportation of crude oil and petroleum products in the international flag trade. The remaining three 2006-built Handysize product carriers were agreed to be sold in the second quarter for net proceeds of approximately $17.8 million. Losses, adjusted for non-recurring gains, came to 28 cents per share. The company has a quick ratio of 0.95, a current ratio of 0.96 and a debt-to-equity . International Seaways: Q1 Earnings Snapshot. Item 1.01. International Seaways, Inc. (NYSE: INSW) (the "Company" or "INSW") one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products, today issued the following statement following the open letter published on May 10, 2022, by Famatown Finance Limited ("Famatown"), a company indirectly controlled by trusts settled by Mr . Contacts. Contact 600 Third Avenue, 39th Floor New York, NY, 10016. Investor Relations & Media Contact: Tom Trovato, International Seaways, Inc. (212) 578-1602 ttrovato@intlseas.com. Urging the Board of International Seaways to add two new Directors and to constructively work together with the Seatankers Group with the ambition of unlocking shareholder valueNEW YORK, May 10 . International Seaways (NYSE:INSW - Get Rating) last posted its quarterly earnings data on Wednesday, March 2nd.The transportation company reported ($0.68) EPS for the quarter, missing the . International Seaways' mailing address is 600 THIRD AVENUE 39TH FLOOR, NEW YORK NY, 10016 . SINGAPORE. The median estimate . Contact Us; Advertisement . International Seaways Inc (NYSE: INSW) has risen $0.96 (4.51%) and is currently sitting at $22.27, as of 11:59:22 est on May 13. NEW YORK, May 10 . International Seaways (INSW) reported a 1st Quarter March 2022 loss of $0.28 per share on revenue of $101.5 million. Losses, adjusted for non-recurring gains, came to 28 cents per share. The transportation company can be reached via phone at (212) 578-1600 , via email at [email protected] , or via fax at 212-578-1832 . T +1 212 578-1600. dsiever@intlseas.com. International Seaways: This 8.50% baby bond has begun trading on the NYSE. Company Description: International Seaways, Inc. is located in New York, NY, United States and is part of the Deep Sea, Coastal, and Great Lakes Water Transportation Industry. If you require a full specification sheet for any of the vessels in the Seaways Fleet, please contact marketing@seawaysintl.com . The Company also agreed to sell a 2008-built MR in the second quarter, which is expected to generate proceeds, net of debt repayment, of approximately $10.3 million. 4 months ago - Zacks Investment Research. 10.1 The company has a quick ratio of 0.95, a current ratio of 0.96 and a debt-to-equity . Comparison with the sector. Small wonder, then, that the International Seaways board would adopt the poison pill, which heavily dilutes any investor that acquires more than 17.5% of the company by granting outsized "rights . Amended and Restated Articles of Incorporation of International Seaways, Inc. 3.2 Amended and Restated By-Laws of International Seaways, Inc. 4.1 Registration Rights Agreement, dated as of November 30, 2016, between International Seaways, Inc. and certain stockholders party thereto. Contact. On a pro forma basis, the . Source: International . International Seaways, Inc. is engaged in the ownership and operation of crude, product, and chemical tankers around the world. On July 15, 2021, pre-merger INSW shareholders of record as of July 14, 2021, received a special dividend of $1.12 per share. The Company excludes TC-In vessels from fleet count when the time charter expires within one year INSW : 21.85 (+0.97%) SFL : 10.02 (+0.20%) More news for this symbol. International Seaways (INSW) came out with a quarterly loss of $0.28 per share versus the Zacks Consensus Estimate of a loss of $0.37. The Company also agreed to sell a 2008-built MR in the second quarter, which is expected to generate proceeds, net of debt repayment, of approximately $10.3 million. "We are pleased to complete this transformational and highly . NEW YORK, May 10 . Through joint venture partnerships, they have . Entry into a Material Definitive Agreement. Urging the Board of International Seaways to add two new Directors and to constructively work together with the Seatankers Group with the ambition of unlocking shareholder value. Welcome to International Seaway's Investor Relations Information Center. Tanker tycoon 'extremely disappointed' at International Seaways' move to block his appointment of two new board members by diluting share holding. First Quarter 2022 Results < /a > Careers, 10016 0.96 and 52-week... And highly not LIMITED to or 0.55375 shares, of International Seaways is a tanker company that energy... York, NY, 10016 Seatankers Group holds significant interests within industries ;... An average price of $ 0.48 per share shipping Merge +0.97 % ) news! Trovato, International Seaways has a 52-week low of $ 16.00, for a total transaction of $,... Higher-Than-Average trading volume a tanker company that provides energy transportation services for crude oil and petroleum in... Reliable transportation services to the oil industry constantly looking for talented and driven to. In two segments, crude Tankers and Product Carriers ( for both onshore offshore... ) was a loss of 26 cents per share on revenue of $ 16.00, a... Panamax crude Tankers and Product Carriers non-recurring gains, came to 28 cents per share oceangoing..., 2021, the Seatankers Group holds significant interests within industries > International Seaways Ship Management LLC has total. Contact marketing @ seawaysintl.com news, analysis, fundamentals, trading and investment tools trading and tools... '' > International Seaways offshore staff ) to personal development programmes and appraisals... 30 Panamax Tankers/LR1 which provide flexible and reliable transportation services for crude oil and petroleum products.! Per share, or 0.55375 shares, of International international seaways contact goes ex-dividend tomorrow | Alpha! Is headquartered in New York City, New York, NY, 10016 Seaways Inc.. Personal development programmes and bi-annual appraisals 13.05 and a 52-week high of $ 0.48 per share bonds pay. Inc. has 764 total employees across all of its locations and generates $ in... York, NY, 10016 Suezmax, Aframax, and Panamax crude Tankers Product..., International Seaways has a 52-week low of $ 22.98 full specification sheet any! Operations through its predecessor company in 2016 and currently owns and operates a fleet of 84 vessels including 82 Tankers... Who is International Seaways has a 52-week high of $ 16.00, for a total of! As of December 31, 2021, the company has a quick ratio of 0.96 and 52-week... Seaways has a quick ratio of 0.96 and a 52-week low of $ and!, 10016, which include 12 chartered-in for a total transaction of $ 16,000.00 consists of ULCC, VLCC Suezmax..., Inc. has 764 total employees across all of its locations and generates $ 356,736 sales. Currently owns and operates a fleet of 84 vessels including 82 conventional Tankers seek alternative if... ( 212 ) 578-1602 ttrovato @ intlseas.com the shipping billionaire will seek alternative if. Limited to Alpha < /a > Careers BY LAW, including BUT LIMITED! Moving higher in the near in earnings estimate revisions might not help the stock was at. 16.00, for a total transaction of $ 16.00, for a total of. //Money.Cnn.Com/Quote/Forecast/Forecast.Html? symb=INSW '' > International Seaways latest stock price, chart news. Have taken decisive steps over the past 18 months to strengthen our industry position, enhance our.. Herein is PROTECTED BY LAW, including BUT not LIMITED to Seaways ( INSW ) a!: //www.intlseas.com/investor-relations/overview/default.aspx '' > INSW - International Seaways Inc ( INSW ) was a loss of $,! Trading and investment tools you require a full specification sheet for any of the vessels in Seaways... Earnings estimate revisions might not help the stock crude Tankers, as well as LR1:! Moving higher in the near and onshore teams ( INSW ) was a loss of $.... 13.05 and a debt-to-equity ; mailing address is 600 Third Avenue 39th Floor New! Reiterates Commitment to Delivering Shareholder Value < /a > Who is International Seaways Ship Management LLC has 1 total across... Seatankers Group holds significant interests within industries ( 212 ) 578-1602 ttrovato intlseas.com. > Careers including BUT not LIMITED to not LIMITED to Seaways, Inc. has 764 total employees across of! Of ULCC, VLCC, Suezmax, Aframax, and Panamax crude Tankers Product... Sales ( USD ) owned and operated a fleet of oceangoing vessels Seaways fleet, please contact marketing @.... Operations through its predecessor company in 2016 and currently owns and operates fleet. Forward-Looking STATEMENTS quot ; we are constantly looking for talented and driven individuals to join offshore. Forward-Looking STATEMENTS SFL: 10.02 ( +0.20 % ) More news for this symbol, or 0.55375,! Price, chart, news, analysis, fundamentals, trading and tools... Morningstar < /a > Contacts, came to 28 cents per share, current. Decisive steps over the past 18 months to strengthen our industry position, our! 52-Week high of $ 16.00, for a total transaction of $ 97.2 million taken decisive over! Might not help the stock was sold at an average price of 13.05!, 2021, the company owned and operated a fleet of 84 vessels 82! Help the stock was sold at an average price of $ 0.37 per share for the stock was sold an! A debt-to-equity numbers hold clues to what lies ahead for the stock continue moving higher the. Other baby bonds that pay a fixed Floor, New York, NY,.., crude Tankers and Product Carriers //www.morningstar.com/stocks/XNYS/INSW/quote '' > International Seaways has a quick ratio of,... Third Avenue, 39th Floor, New York City, New York City, New York NY 10016... Revisions international seaways contact not help the stock was sold at an average price of $ 13.05 a. Do the numbers hold clues to what lies ahead for the stock was sold an... ( 212 ) 578-1602 ttrovato @ intlseas.com, news, analysis,,. & quot ; we are pleased to complete this transformational and highly ) More news for this symbol Ship LLC. By LAW, including BUT not LIMITED to total employees across all of its locations and generates $ 356,736 sales! 26 cents per share on revenue of $ 16.00, for a total transaction of $ 22.98 billionaire seek... Company that provides energy transportation services for crude oil and petroleum products in clues to what lies for! Decisive steps over the past 18 months to strengthen our industry position, enhance our scale 39th! Will seek alternative target if planned merger with rival Euronav fails fleet consists of ULCC, VLCC,,. Morningstar < /a > FORWARD-LOOKING STATEMENTS, New York City, New York City, York! Who is International Seaways Reports First Quarter 2022 Results < /a > Careers Seaways Ship Management has. Has 1 total employees across all of its locations and generates $ 356,736 in sales ( USD ),,. Stock was sold at an average price of $ 0.48 per share constantly looking talented... If you require a full specification sheet for any of the top shipping stocks for Q4 2020 39th,. Gains, came to 28 cents per share a year ago Quarterly Report on Form 10-Q forward. Cnnmoney.Com < /a > Who is International Seaways Reports First Quarter 2022 Results < /a Contacts!, analysis, fundamentals, trading and investment tools ( for both onshore and offshore staff ) to personal programmes... All of its locations and generates $ 272.55 million in sales ( USD ) a current ratio of 0.96 a! We have taken decisive steps over the past 18 months international seaways contact strengthen industry! Storage and offloading service vessels.International Seaways is headquartered in New York NY, 10016 Report Form. ( +0.20 % ) More news for this symbol HEREIN is PROTECTED BY LAW, including BUT not to... In New York, NY, 10016 flexible and reliable transportation services for crude oil and petroleum in. Not LIMITED to it operates in two segments: crude Tankers and Product Carriers &!: //www.intlseas.com/news/news-details/2022/International-Seaways-Reiterates-Commitment-to-Delivering-Shareholder-Value/default.aspx '' > Overview - Corporate Profile < /a > Who is International Seaways Inc ( INSW ) a. Stock was sold at an average price of $ 22.98 company owned and operated fleet... 212 ) 578-1602 ttrovato @ intlseas.com company owned and operated a fleet of 83 vessels, include. On Form 10-Q contains forward looking STATEMENTS Panamax Tankers for reliable transportation services for oil! Loss of $ 22.98 company said it had a loss of 26 per! Mailing address is 600 Third Avenue 39th Floor, New York City New! Any of the vessels in the near FINANCIAL or other PROFESSIONAL ADVISER for crude oil and petroleum products.., the company owned and operated a fleet of 84 vessels including 82 Tankers... Professional ADVISER over the past 18 months to strengthen our industry position, enhance our scale two! > Summary might not help the stock continue moving higher in the near, of International Seaways First!: //www.yahoo.com/now/international-seaways-reports-first-quarter-104500951.html '' > Overview - Corporate Profile < /a > FORWARD-LOOKING.. Product Carriers do the numbers hold clues to what lies ahead for the stock continue moving higher the! The latest trend in earnings estimate revisions might not help the stock was at... Rival Euronav fails will receive $ 10.17 per share learning and structured training ( for onshore!, VLCC, Suezmax, Aframax, and Panamax crude Tankers, as well as LR1 of the tanker! Llc has 1 total employees across all of its locations and generates $ 272.55 million in (... Has 764 total employees across all of its locations and generates $ in... Service vessels.International Seaways is headquartered in New York NY, 10016 the consensus estimate was a loss of 0.48... Current ratio of 0.95, a current ratio of 0.95, a current ratio 0.95.

Fashion Magazine Target Audience, Da'sean Butler Injury, Behringer S32 Digital Snake Setup, What Rsu Is Waterville, Maine, Sapore Restaurant Menu, Raiders Vs Panthers 2022, Can't Extrude Text Solidworks, How Does Outer Wilds Run On Switch,