{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-026388","form_type":"8-K","ticker":"INSW","cik":"0001679049","company_name":"International Seaways, Inc.","filed_at":"2023-02-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:46.107611+00:00","generated_at":"2026-06-18T22:22:55.936720+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"International Seaways reports record Q4 net income $218.4M, declares $2.00 combined dividend","bullets":["Q4 net income $218.4M ($4.40 diluted EPS) vs net loss $34.0M ($0.68 loss) in Q4 2021; full-year net income $387.9M ($7.77 EPS) vs loss $133.5M.","Consolidated TCE revenues Q4 $335.7M (up from $93.0M YoY); full-year TCE revenues $853.7M (up from $255.9M).","Board declared regular quarterly dividend $0.12/share and supplemental dividend $1.88/share, payable March 28, 2023 to holders of record March 14.","Fleet optimization: sold 2008-built MR for ~$14M net; agreed to sell another MR for ~$14M; exercised purchase options on two Aframaxes for ~$41M (45% discount).","Credit facility amendment expected March 2023: RCF increased by $40M to ~$260M, $100M prepayment on term loan, 22 vessels removed from collateral."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-026388","json":"https://secwatch.observer/filing/0001104659-23-026388.json","markdown":"https://secwatch.observer/filing/0001104659-23-026388.md","text":"https://secwatch.observer/filing/0001104659-23-026388.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1679049/000110465923026388/0001104659-23-026388-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1679049/000110465923026388/tm238029d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T22:22:55.936720+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"b51243c4971e619a91c1d44ec36a5a84beeecac5","claim":"International Seaways, Inc. reported fourth quarter and full year of 2022 results: revenue $338.2 million, net income $218.4 million, EPS $4.40 per diluted share.","evidence_excerpt":"Consolidated TCE revenues for the fourth quarter were $335.7 million, compared to $93.0 million for the fourth quarter of 2021. Shipping revenues for the fourth quarter were $338.2 million, compared to $94.7 million for the fourth quarter of 2021. Adjusted EBITDA for the fourth quarter was $254.3 million, compared to $11.9 million for the fourth quarter of 2021.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1679049/000110465923026388/0001104659-23-026388-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter and full year of 2022"},{"label":"Revenue","value":"$338.2 million"},{"label":"Net income","value":"$218.4 million"},{"label":"EPS","value":"$4.40 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}