Name | Value |
---|---|
Revenues | 47.2M |
Cost of Revenue | 81.6M |
Gross Profit | -34.4M |
Operating Expense | 45.9M |
Operating I/L | 114.2M |
Other Income/Expense | -16.2M |
Interest Income | 6.5M |
Pretax | 98.0M |
Income Tax Expense | -0.1M |
Net Income/Loss | 97.9M |
International Seaways, Inc. is a leading player in the international flag trade, specializing in the transportation of crude oil and petroleum products. The company operates a fleet of 83 vessels, including chartered-in vessels and ownership interests in two floating storage and offloading service vessels. Its business is divided into two segments, Crude Tankers and Product Carriers, serving a diverse client base comprising independent and state-owned oil companies, oil traders, refinery operators, and international government entities. International Seaways, Inc. generates revenue by providing oceangoing transportation services for the global oil and petroleum industry.