International Seaways (INSW) Tops Q1 EPS by 3c
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International Seaways Reports First Quarter 2022 Results
May 4, 2022 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, today reported results for the first quarter of 2022.
HIGHLIGHTS & RECENT DEVELOPMENTS
Fleet Optimization Program: Purchased the Seaways Eagle, a 2011-built LR1, for effectively $3 million and the sale of a 2010-built MR. The Seaways Eagle was delivered into our niche joint venture, Panamax International (PI), which historically outperforms the market. The LR1 vessel was... More