International Seaways, Inc.

Based in the US, International Seaways, Inc. , operates as a maritime transportation company engaged in the global transportation of crude oil and refined petroleum products. Based in New York, the US and founded in 2016, International Seaways, Inc. is a maritime transportation company.

The company specializes in the global transportation of crude oil and refined petroleum products. It has developed a diverse fleet to meet the needs of its clients. International Seaways, Inc. specializes in the transportation of crude oil and refined petroleum products on a global scale.

The company's fleet comprises 68 vessels, including Very Large Crude Carriers (VLCCs), Suezmaxes, and Medium Range (MR) tankers, designed for efficient and safe transportation of hydrocarbons. These vessels serve a diverse clientele, facilitating the logistics of petroleum from extraction points to end-use markets, while ensuring adherence to safety standards across various geographical markets, including North America, Europe, and Asia. International Seaways generates revenue primarily through shipping contracts that facilitate the transportation of oil and petroleum products. The company's business model often involves long-term agreements with clients, providing them with dedicated vessel space for their shipping needs.

Revenue streams are structured around time charters and voyage charters, supported by a commitment to operational excellence and service reliability. The company plans to expand its fleet and enhance operational capabilities to meet increasing demand in the maritime oil transportation sector. Current initiatives include exploring new shipping routes and strengthening partnerships with key clients.