International Seaways reported record second quarter 2026 net income of $295 million ($5.91 per diluted share), up from $62 million in the prior year period, driven by higher spot earnings and profit-sharing results. The company also announced a quarterly dividend of $5.05 per share, payable on September 24, 2026 to shareholders of record as of September 10, 2026. Additionally, International Seaways contracted four new LR1 vessels for $244 million and took delivery of one vessel under its existing fleet optimization program.

International Seaways, Inc. held its 2026 Annual Meeting of Stockholders on June 8, 2026, where stockholders elected nine directors and ratified the appointment of Ernst & Young LLP as independent auditor. The Board of Directors also approved retroactive annual base salary increases for several key executive officers, including CEO Lois Zabrocky, whose new annual base salary is $850,000. International Seaways, Inc. operates in the maritime shipping industry, providing transportation services for various cargo types.