International Seaways Sells Five Tankers for $185 Million

Reuters01-29

International Seaways Sells Five Tankers for $185 Million

International Seaways Inc. has announced the sale or agreements to sell five vessels, consisting of three MRs and two VLCCs, for total proceeds of approximately $185 million, net of commissions and fees. The transactions are expected to close during the first quarter of 2026, with the company anticipating gains of about $65 million from the sales. The vessels sold are among the oldest in the company's fleet.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. International Seaways Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260129472010) on January 29, 2026, and is solely responsible for the information contained therein.

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