---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-089085"
form_type: "8-K"
ticker: "INSW"
cik: "0001679049"
company_name: "International Seaways, Inc."
filed_at: "2023-08-09T23:59:59+00:00"
generated_at: "2026-06-11T22:33:27.282828+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# International Seaways Q2 net income $154M ($3.11/diluted), declares $1.42/share dividend, stock buyback increased

## Summary
- Net income $153.8M ($3.11 diluted) vs $69.0M ($1.38) YoY; revenue $292.2M, up 55%.
- Combined dividend $1.42/share ($0.12 regular + $1.30 supplemental) payable Sept 27.
- Share repurchase authorization expanded to $50M from $26M; bought 366k shares at avg $38.03 in Q2.
- Prepaid $75M debt in Q2, $172M YTD; 30 vessels unencumbered as of July 3.
- Ordered two LR1 newbuilds for $115M; secured $352M in contracted time charter revenue.

## SEC filing metadata
- accession: 0001104659-23-089085
- form_type: 8-K
- ticker: INSW
- cik: 0001679049
- company_name: International Seaways, Inc.
- filed_at: 2023-08-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1679049/000110465923089085/0001104659-23-089085-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1679049/000110465923089085/tm2323222d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-089085
- JSON: https://secwatch.observer/filing/0001104659-23-089085.json
- Plain text: https://secwatch.observer/filing/0001104659-23-089085.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.