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International Seaways Reports Second Quarter 2018 Results
August 8, 2018 6:45 AM EDTNEW 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 second quarter 2018.
Highlights
Net loss for the second quarter was $18.8 million, or $0.65 per share, compared to net loss of $11.6 million, or $0.40 per share, in the second quarter of 2017. The net loss for the second quarter of 2018 includes a $6.7 million gain from the sale of vessels, net of impairments... More