Insweb Corp (INSW) Tops Q4 EPS by 3c

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International Seaways Reports Fourth Quarter and Full Year 2017 Results

March 8, 2018 6:45 AM EST

NEW YORK--(BUSINESS WIRE)-- 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 in International Flag markets, today reported results for the fourth quarter and full year 2017.

Highlights

Entered into an agreement to acquire six 300,000 DWT VLCCs with an average age of 1.7 years from Euronav NV in connection with the closing of Euronavs announced acquisition of Gener8 Maritime. Acquired a 2010-built VLCC, which delivered to the Company in... More