secwatch.observer — SEC 8-K summary
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Issuer:     International Seaways, Inc. (INSW)
CIK:        0001679049
Form:       8-K
Filed at:   2026-02-26T23:59:59+00:00
Accession:  0001104659-26-020057
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

International Seaways Q4 net income $128M ($2.56 EPS); declares $2.15 combined dividend
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- Q4 net income $128M ($2.56 diluted EPS) vs $36M ($0.72) in Q4 2024; full year net income $309M ($6.23).
- Adjusted net income Q4 $122M ($2.45 diluted); adjusted EBITDA Q4 $175M, full year $475M.
- Declared combined $2.15 dividend ($0.12 regular + $2.03 supplemental) payable March 30, 2026, record March 20, 2026.
- Fleet optimization: sold 10 vessels in 2025 for $131M; in 2026 sold/agreed to sell 7 vessels for ~$216M; acquired remaining 50% of Tankers International.
- Total liquidity $724M; net loan-to-value 13%; unencumbered 31 vessels; $250M senior unsecured bonds issued at 7.125%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1679049/000110465926020057/0001104659-26-020057-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1679049/000110465926020057/tm267346d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-020057

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