International Seaways (Snowball: INSW) International Seaways, Inc. (NYSE:INSW) was founded in 1999, formerly known as OSG International, Inc., changed to its current name in October 2016, and is consistent with 2016 Spin-off and independent listing from the original parent company Overseas ShipHolding Group on December 1 , headquartered in New York City, New York, USA. It is an ocean tanker transportation company and has and operates an ocean ship fleet for transportation in international flag trade Crude oil and petroleum products.
International Seaways (INSW):
International Seaways, Inc. was originally an international business subsidiary of Overseas Ship Holding Group- OSG International, Inc., which completed its spin-off on December 2016 and went public independently.
International Seaways is divided into two divisions to operate : International Crude Tankers and International Product Carriers.
International Seaways’ fleet includes ultra-large crude oil carriers, very large crude oil carriers, Aframaxes and Panamax crude oil tankers, and long- and medium-range product carriers. International Shipping Corporation also owns the ownership interest of LNG ships, floating storage and offloading service ships through joint venture partnerships.
International Seaways provides services to independent state-owned oil companies, oil traders, refining operators and international government entities.
As of September 30, 2016, International Seaways owns or operates an ocean-going fleet of 55 ships with a total deadweight of 6.5 million dwt and 864,800 cubic meters.