Name | Value |
---|---|
Revenues | 183.4M |
Cost of Revenue | 120.9M |
Gross Profit | 62.5M |
Operating Expense | 3.3M |
Operating I/L | 59.2M |
Other Income/Expense | -9.6M |
Interest Income | 0.6M |
Pretax | 49.6M |
Income Tax Expense | 0.0M |
Net Income/Loss | 49.6M |
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.