International Seaways Reports Strong Q3 2025 Results

International Seaways ( (INSW) ) has released its Q3 earnings. Here is a breakdown of the information International Seaways presented to its investors.

International Seaways, Inc. is a leading global tanker company providing energy transportation services for crude oil and petroleum products, operating a diverse fleet of vessels. The company is headquartered in New York City and is known for its commitment to operational efficiency and customer service.

In its third-quarter 2025 earnings report, International Seaways announced a net income of $71 million, or $1.42 per diluted share, reflecting a decrease from the previous year. The company highlighted its ongoing fleet optimization program, which includes the delivery of new vessels and the sale of older ones, as well as strategic financial maneuvers to enhance its balance sheet.

Key financial metrics from the report include an adjusted net income of $57 million and an adjusted EBITDA of $108 million. The company successfully placed $250 million of senior unsecured bonds and executed a $240 million financing facility for new vessels. Additionally, it maintained a strong liquidity position with $985 million available, including cash and undrawn credit capacity.

International Seaways continued its commitment to shareholder returns, paying a combined dividend of $0.77 per share in September and declaring a $0.86 per share dividend for December. The company also extended its share repurchase program through 2026, demonstrating confidence in its financial stability and future growth prospects.

Looking ahead, International Seaways remains optimistic about the tanker market, citing strong fundamentals and constrained supply. The company is focused on capital allocation and fleet renewal to support long-term value creation, with expectations of continued strength in tanker rates driven by global oil demand and supply dynamics.