International Seaways, Inc. (NYSE:INSW) Files An 8-K Regulation FD Disclosure
Item 7.01Regulation FD Disclosure.
On December 6, 2016, International Seaways, Inc. (the Company or
INSW) furnished materials (the Presentation) to be used by the
Companys management in communications to investors. A copy of
those materials is attached hereto as Exhibit 99.1. The Company
expects to use the Presentation, in whole or in part, in
connection with presentations to investors, analysts and others
commencing on December 6, 2016.
By filing this Current Report on Form 8-K and furnishing the
information contained herein, the Company makes no admission as
to the materiality of any information in this report that is
required to be disclosed solely by reason of Regulation FD.
The information contained in the Presentation is summary
information that is intended to be considered in the context of
the Company’s Securities and Exchange Commission (SEC) filings
and other public announcements that the Company may make, by
press release or otherwise, from time to time. The Company does
not have, and expressly disclaims, any obligation to publicly
update or revise the information contained in this report or any
changes in our expectations or any change in events, conditions
or circumstances on which any forward-looking statement is based.
The information in this Item 7.01, including Exhibit 99.1, is
being furnished and shall not be filed for purposes of Section 18
of the Securities Exchange Act of 1934, as amended (the Exchange
Act), or otherwise subject to the liability of that section, nor
shall such information be deemed to be incorporated by reference
into any registration statement of other document filed under the
Securities Act of 1933, as amended, or the Exchange Act, except
as otherwise stated in that filing.
Section 9 – Financial Statements and Exhibits.
Item 9.01Financial Statements and Exhibits.
(d)Exhibits
to General Instruction B.2 of Form 8-K, the following exhibit is
furnished with this Current Report on Form 8-K.
| Exhibit No. | Description |
| 99.1 | Presentation materials of INSW, dated December 6, 2016. |
About International Seaways, Inc. (NYSE:INSW)
International Seaways, Inc. and its subsidiaries own and operate a fleet of oceangoing vessels. The Company’s oceangoing vessels engage in the transportation of crude oil and petroleum products in the International Flag trades. The Company’s segments are International Crude Tankers and International Product Carriers. Its 55-vessel fleet consists of Ultra Large Crude Carrier (ULCC), Very Large Crude Carrier (VLCC), Aframax and Panamax crude tankers, as well as long range 1 (LR1), LR2 and medium range (MR) product carriers. Its International Crude Tankers segment is made up of a ULCC and a fleet of VLCCs, Aframaxes, and Panamaxes. Its International Product Carriers segment consists of a fleet of MRs, LR1s and an LR2 engaged in the transportation of crude and refined petroleum products. Through joint venture partnerships (the JVs), it has ownership interests in approximately four liquefied natural gas carriers and approximately two floating storage and offloading service vessels. International Seaways, Inc. (NYSE:INSW) Recent Trading Information
International Seaways, Inc. (NYSE:INSW) closed its last trading session down -0.94 at 10.64 with 325,483 shares trading hands.
