International Seaways Files 8-K on Operations and Financial Condition
Ticker: INSW · Form: 8-K · Filed: Feb 29, 2024 · CIK: 1679049
Sentiment: neutral
Topics: financial-condition, regulation-fd, corporate-update
Related Tickers: INSW
TL;DR
**International Seaways just dropped an 8-K on its financials, so keep an eye out for details on their performance.**
AI Summary
International Seaways, Inc. (NYSE: INSW) filed an 8-K on February 29, 2024, to report on its results of operations and financial condition, as well as Regulation FD Disclosure. The filing indicates that the company, a water transportation firm, is providing current financial information to the SEC. This report ensures transparency regarding the company's financial health and operational performance.
Why It Matters
This filing provides investors with updated financial information, crucial for assessing International Seaways' performance and making informed investment decisions.
Risk Assessment
Risk Level: low — This is a routine disclosure filing and does not inherently indicate new risks, but rather provides transparency.
Key Players & Entities
- International Seaways, Inc. (company) — Filing company
- February 29, 2024 (date) — Date of report
- 001-37836 (other) — SEC File Number
- 600 THIRD AVENUE (other) — Business address street
- NEW YORK (other) — Business address city
FAQ
What is the purpose of this 8-K filing by International Seaways, Inc.?
The 8-K filing by International Seaways, Inc. on February 29, 2024, is to report on its results of operations and financial condition, and for Regulation FD Disclosure.
What is the Central Index Key (CIK) for International Seaways, Inc.?
The Central Index Key (CIK) for International Seaways, Inc. is 0001679049.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing was on February 29, 2024.
What is the business address of International Seaways, Inc.?
The business address of International Seaways, Inc. is 600 Third Avenue, 39th Floor, New York, NY 10016.
Under which SEC Act was this form filed?
This form was filed under the 1934 Act.
Filing Stats: 684 words · 3 min read · ~2 pages · Grade level 10.3 · Accepted 2024-02-29 07:30:53
Key Financial Figures
- $1.32 — rectors declared a combined dividend of $1.32 per share of common stock, comprised of
- $0.12 — ised of a regular quarterly dividend of $0.12 per share of common stock and a supplem
- $1.20 — on stock and a supplemental dividend of $1.20 per share of common stock for the fourt
Filing Documents
- tm247547d1_8k.htm (8-K) — 35KB
- tm247547d1_ex99-1.htm (EX-99.1) — 351KB
- tm247547d1_ex99-1img001.jpg (GRAPHIC) — 37KB
- 0001104659-24-029058.txt ( ) — 681KB
- insw-20240229.xsd (EX-101.SCH) — 3KB
- insw-20240229_def.xml (EX-101.DEF) — 26KB
- insw-20240229_lab.xml (EX-101.LAB) — 36KB
- insw-20240229_pre.xml (EX-101.PRE) — 25KB
- tm247547d1_8k_htm.xml (XML) — 5KB
02 Results of Operations and Financial
Item 2.02 Results of Operations and Financial Condition. The following information, including the Exhibit to this Form 8-K, is being furnished pursuant to Item 2.02 — Results of Operations and Financial Condition of Form 8-K. This information is not deemed to be "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934 and is not incorporated by reference into any Securities Act of 1933 registration statements. On February 29, 2024, International Seaways, Inc. issued a press release, a copy of which is attached hereto as Exhibit 99.1, announcing fiscal year 2023 earnings. Section 7 – Regulation FD
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. The following information, including the Exhibit to this Form 8-K, is being furnished pursuant to Item 7.01 — Regulation FD Disclosure of Form 8-K. This information is not deemed to be "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934 and is not incorporated by reference into any Securities Act of 1933 registration statements. On February 28, 2024, INSW's Board of Directors declared a combined dividend of $1.32 per share of common stock, comprised of a regular quarterly dividend of $0.12 per share of common stock and a supplemental dividend of $1.20 per share of common stock for the fourth quarter of 2023. Both such dividends are payable on March 28, 2024 to shareholders of record at the close of business on March 14, 2024. Section 9 – Financial Statements and Exhibits
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Pursuant to General Instruction B.2 of Form 8-K, the following exhibit is furnished with this Form 8-K. Exhibit No. Description 99.1 Press Release dated February 29, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. INTERNATIONAL SEAWAYS, INC. (Registrant) Date: February 29, 20 24 By /s/ James D. Small III Name: James D. Small III Title: Chief Administrative Officer, Senior Vice President, Secretary and General Counsel EXHIBIT INDEX Exhibit No. Description 99.1 Press Release dated February 29, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)