International Seaways subsidiary joins $500M RCF as guarantor, pledges VLCC as collateral

International Seaways, Inc.

Hendricks Tanker Company LLC became a subsidiary guarantor under the $500M revolving credit facility.
Pledged VLCC 'Seaways Hendricks' (IMO 9727015, built 2016) as collateral, replacing previously sold assets.
Joinder executed March 27, 2026; Nordea Bank Abp remains administrative agent.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

International Seaways, Inc. entered into Joinder Agreement with Nordea Bank Abp, New York Branch (effective 2026-03-27).

Action: entry
Agreement: credit facility
Counterparty: Nordea Bank Abp, New York Branch
Effective: 2026-03-27

Exact text from the filing

On March 27, 2026, an indirect wholly-owned subsidiary of International Seaways, Inc. (the “ Company ”) entered into a joinder agreement (the “ Agreement ”) to that certain Credit Agreement dated as of May 22, 2022

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International Seaways, Inc. filing history →

Source: SEC EDGAR

accession 0001104659-26-037866

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