secwatch.observer — SEC 8-K summary
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Issuer:     International Seaways, Inc. (INSW)
CIK:        0001679049
Form:       8-K
Filed at:   2026-05-07T23:59:59+00:00
Accession:  0001104659-26-056695
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

International Seaways Q1 net income $286M, declares record $4.55/share dividend
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- Net income $286M ($5.75 diluted EPS); adjusted net income $194M ($3.90 diluted EPS).
- Shipping revenue $325M, up from $183M YoY; TCE revenue $317M vs $178M.
- Combined dividend of $4.55/sh paid June 26, 2026: $0.12 regular + $4.43 supplemental; largest in history.
- Sold 7 vessels for ~$216M, recognized $88M gains; took delivery of two LR1 newbuildings.
- Total liquidity ~$918M; net loan-to-value below 7%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1679049/000110465926056695/0001104659-26-056695-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1679049/000110465926056695/tm2613836d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-056695

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