International Seaways Files 8-K on Financials
Ticker: INSW · Form: 8-K · Filed: Aug 7, 2024 · CIK: 1679049
Sentiment: neutral
Topics: financial-reporting, operations
Related Tickers: INSW
TL;DR
INSW filed an 8-K today covering financial results and operations.
AI Summary
International Seaways, Inc. filed an 8-K on August 7, 2024, to report on its results of operations and financial condition. The filing also includes information related to Regulation FD and financial statements. The company is involved in water transportation.
Why It Matters
This filing provides crucial updates on International Seaways' financial performance and operational results, which can impact investor decisions.
Risk Assessment
Risk Level: low — This is a routine financial reporting filing with no immediate or significant new risks disclosed.
Key Players & Entities
- International Seaways, Inc. (company) — Filer
- 0001104659-24-086541 (filing_id) — Accession Number
- August 7, 2024 (date) — Filing Date
FAQ
What is the primary purpose of this 8-K filing?
The primary purpose of this 8-K filing is to report on the Results of Operations and Financial Condition of International Seaways, Inc., as well as to provide disclosures related to Regulation FD and financial statements.
When was this 8-K filing submitted to the SEC?
This 8-K filing was submitted to the SEC on August 7, 2024.
What is the Central Index Key (CIK) for International Seaways, Inc.?
The Central Index Key (CIK) for International Seaways, Inc. is 0001679049.
What is the Standard Industrial Classification (SIC) code for International Seaways, Inc.?
The Standard Industrial Classification (SIC) code for International Seaways, Inc. is 4400, which corresponds to WATER TRANSPORTATION.
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.
Filing Stats: 683 words · 3 min read · ~2 pages · Grade level 10.3 · Accepted 2024-08-07 07:30:14
Key Financial Figures
- $1.50 — rectors declared a combined dividend of $1.50 per share of common stock for the third
- $0.12 — ised of a regular quarterly dividend of $0.12 per share of common stock and a supplem
- $1.38 — on stock and a supplemental dividend of $1.38 per share of common stock. Both such di
Filing Documents
- tm2421016d1_8k.htm (8-K) — 36KB
- tm2421016d1_ex99-1.htm (EX-99.1) — 326KB
- tm2421016d1_ex99-1img001.jpg (GRAPHIC) — 38KB
- 0001104659-24-086541.txt ( ) — 657KB
- insw-20240807.xsd (EX-101.SCH) — 3KB
- insw-20240807_def.xml (EX-101.DEF) — 26KB
- insw-20240807_lab.xml (EX-101.LAB) — 36KB
- insw-20240807_pre.xml (EX-101.PRE) — 25KB
- tm2421016d1_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 August 7, 2024, International Seaways, Inc. issued a press release, a copy of which is attached hereto as Exhibit 99.1, announcing second quarter 2024 earnings. Section 7 – Regulation FD
01 Regulation
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 August 6, 2024, INSW's Board of Directors declared a combined dividend of $1.50 per share of common stock for the third quarter of 2024, comprised of a regular quarterly dividend of $0.12 per share of common stock and a supplemental dividend of $1.38 per share of common stock. Both such dividends are payable on September 25, 2024 to shareholders of record at the close of business on September 11, 2024. Section 9 – Financial Statements and Exhibits
01 Financial Statements and
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 August 7, 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: August 7, 2024 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 August 7, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)