secwatch.observer — SEC 8-K summary
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Issuer:     International Seaways, Inc. (INSW)
CIK:        0001679049
Form:       8-K
Filed at:   2026-01-29T23:59:59+00:00
Accession:  0001104659-26-007733
Event type: other_material
Sentiment:  positive
Materiality: 0.60
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

International Seaways sells five older tankers for $185M net proceeds, expects $65M gains
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- Sold or agreed to sell 3 MR & 2 VLCC tankers since year-start.
- Aggregate net proceeds of approx. $185M after commissions and fees.
- Average ages: MRs 18 yrs, VLCCs 15 yrs; among oldest in fleet.
- Expects Q1 2026 close and to recognize ~$65M gains from sales.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1679049/000110465926007733/0001104659-26-007733-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1679049/000110465926007733/tm264385d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-007733

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer