---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-074510"
form_type: "8-K"
ticker: "INSW"
cik: "0001679049"
company_name: "International Seaways, Inc."
filed_at: "2025-08-06T23:59:59+00:00"
generated_at: "2026-05-17T19:37:17.543962+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# International Seaways Q2 net income falls to $62M; declares $0.77 combined dividend for Q3

## Summary
- Net income $62M ($1.25 diluted) vs $145M ($2.91) in Q2 2024; adjusted net income $50M ($1.02).
- Total revenues $196M, down from $257M YoY; TCE revenues $189M vs $252M.
- Fleet optimization: Sold two MRs for $28M; agreed to sell four more for ~$57M; agreed to buy 2020-built VLCC for $119M.
- Board declared combined Q3 dividend of $0.77/share (regular $0.12 + supplemental $0.65), payable Sep 24 to holders of record Sep 10.
- Balance sheet: Total liquidity $709M; net loan-to-value ~14%; secured $240M financing for LR1 newbuildings.

## SEC filing metadata
- accession: 0001104659-25-074510
- form_type: 8-K
- ticker: INSW
- cik: 0001679049
- company_name: International Seaways, Inc.
- filed_at: 2025-08-06T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1679049/000110465925074510/0001104659-25-074510-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1679049/000110465925074510/tm2522676d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-074510
- JSON: https://secwatch.observer/filing/0001104659-25-074510.json
- Plain text: https://secwatch.observer/filing/0001104659-25-074510.txt

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