---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-045885"
form_type: "8-K"
ticker: "INSW"
cik: "0001679049"
company_name: "International Seaways, Inc."
filed_at: "2025-05-08T23:59:59+00:00"
generated_at: "2026-05-22T04:48:33.389141+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# INSW Q1 net income falls 65% YoY to $50M; declares $0.60 dividend

## Summary
- Net income Q1 2025 $50M ($1.00 diluted EPS) vs $144M ($2.92) a year ago; adjusted $40M ($0.80).
- Revenue $183M, down 33% YoY; TCE revenues fell to $178M from $271M.
- Spot rates dropped: VLCC $33.5K/day, Suezmax $30.9K, Aframax $25.4K; LR1 $27.4K, MR $21.4K.
- Declared $0.60 combined dividend (reg $0.12 + supp $0.48) payable June 26; 12-month dividends $4.00/share (~10% yield).
- Liquidity $673M; net LTV 15%; $50M share repurchase authority remains.

## SEC filing metadata
- accession: 0001104659-25-045885
- form_type: 8-K
- ticker: INSW
- cik: 0001679049
- company_name: International Seaways, Inc.
- filed_at: 2025-05-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1679049/000110465925045885/0001104659-25-045885-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1679049/000110465925045885/tm2514388d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-045885
- JSON: https://secwatch.observer/filing/0001104659-25-045885.json
- Plain text: https://secwatch.observer/filing/0001104659-25-045885.txt

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