International Seaways, Inc. (INSW)
International Seaways, Inc. operates in the Marine Shipping industry of the Industrials sector, headquartered in New York City, NY, US. The stock last traded at $91.95, up 3.25% on the session, giving a market capitalisation of $4.55B. On trailing twelve-month figures it carries a trailing P/E of 5.83, a net margin of 61.9%. Its beta of -0.10 implies it has historically moved less than the broad market.
International Seaways, Inc. (INSW) specializes in the global seaborne transport of crude oil and refined petroleum products, managing and operating a substantial fleet of ocean-going vessels. Its business is categorized into two key divisions: Crude Tankers and Product Carriers. By the close of 2021, the company managed an extensive fleet of 83 vessels, encompassing both owned and 12 chartered-in ships, alongside stakes in two floating storage and offloading (FSO) service vessels. Its diverse clientele spans independent and state-controlled oil enterprises, energy traders, refinery operators, and international governmental bodies. Originally incorporated in 1999 as OSG International, Inc., the firm adopted its current name, International Seaways, Inc., in October 2016. It maintains its corporate headquarters in New York, New York.
International Seaways, Inc. is most often compared with the following Industrials names: