---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-086541"
form_type: "8-K"
ticker: "INSW"
cik: "0001679049"
company_name: "International Seaways, Inc."
filed_at: "2024-08-07T23:59:59+00:00"
generated_at: "2026-05-31T11:49:01.271200+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# INSW Q2 net income $144.7M ($2.91/sh), down YoY; Q3 dividend $1.50; bought 6 MRs for $232M

## Summary
- Net income $144.7M ($2.91 diluted EPS) vs $153.8M ($3.11) in Q2 2023; adjusted net income $118M ($2.37).
- Revenue $257.4M, down from $292.2M; TCE revenue $251.8M; consolidated adjusted EBITDA $167M vs $205.1M.
- Acquired six eco MR vessels for $232M (partially with 623,778 shares) and sold three older MRs for $72M net proceeds.
- Board declared Q3 combined dividend of $1.50/share ($0.12 regular + $1.38 supplemental), payable Sept 25, 2024.
- Amended credit facility to $500M RCF, reduced mandatory repayments by $19.5M/quarter, margin cut by ~85 bps; liquidity $682M.

## SEC filing metadata
- accession: 0001104659-24-086541
- form_type: 8-K
- ticker: INSW
- cik: 0001679049
- company_name: International Seaways, Inc.
- filed_at: 2024-08-07T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1679049/000110465924086541/0001104659-24-086541-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1679049/000110465924086541/tm2421016d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-086541
- JSON: https://secwatch.observer/filing/0001104659-24-086541.json
- Plain text: https://secwatch.observer/filing/0001104659-24-086541.txt

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