International Seaways (INSW) Misses Q3 EPS by 69c

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International Seaways Reports Third Quarter 2021 Results

November 9, 2021 6:45 AM EST

NEW YORK--(BUSINESS WIRE)-- International Seaways, Inc. (NYSE: INSW) (the Company or INSW), the largest U.S. based publicly-traded tanker company, today reported results for the third quarter of 2021.

Highlights

Completed the previously announced merger with Diamond S Shipping Inc. (NYSE: DSSI), Diamond S, creating one of the largest U.S.-listed diversified tanker companies. The transaction significantly enhanced INSWs scale in both the crude and clean product markets and is expected to generate approximately $32 million in cost and revenue synergies,... More