(INSW) International Seaways - Ratings and Ratios

International Seaways Inc, listed on the NYSE under the ticker INSW, is a company that specializes in the ownership and operation of a sizable fleet of oceangoing vessels. These vessels are primarily utilized for the transportation of crude oil and petroleum products, catering to the demands of the international flag trade. The company's operations are segmented into two distinct categories: Crude Tankers and Product Carriers, each serving a specific purpose within the oil transportation sector.

As of the end of 2023, International Seaways Inc boasts a fleet of 73 vessels, underscoring its significant presence in the global oil and petroleum products transportation market. The company's client base is diverse, comprising independent oil companies, state-owned oil entities, oil traders, refinery operators, and international government institutions. This broad customer spectrum highlights the company's adaptability and capacity to serve a wide range of needs within the oil and gas industry.

Historically, the company underwent a name change from OSG International, Inc. to International Seaways, Inc. in October 2016, marking a significant point in its evolution. Initially incorporated in 1999, International Seaways Inc is headquartered in New York, New York, positioning it strategically for global operations. The company's official website, https://intlseas.com, provides detailed insights into its operations, fleet, and services. With its common stock listed under the ISIN MHY410531021 and categorized under the GICS Sub Industry of Oil & Gas Storage & Transportation, International Seaways Inc is a key player in the global energy logistics chain.