Name | Value |
---|---|
Revenues | 274.4M |
Cost of Revenue | 107.7M |
Gross Profit | 166.7M |
Operating Expense | 12.4M |
Operating I/L | 154.4M |
Other Income/Expense | -9.9M |
Interest Income | 2.4M |
Pretax | 144.5M |
Income Tax Expense | 34.1M |
Net Income/Loss | 144.5M |
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.