VLCC market to stay supported, International Seaways CEO says [Seeking Alpha]
International Seaways, Inc. (INSW)
Last international seaways, inc. earnings: 3/3 06:00 am
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US:NASDAQ Investor Relations:
intlseas.com/corporateprofile
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Source: Seeking Alpha
Energy VLCC market to stay supported, International Seaways CEO says Mar. 3, 2020 7:10 PM ET | International Seaways, Inc. (INSW) Carl Surran bullish environment is ahead Although overall demand from Chinese crude buyers has dropped significantly, "cargoes are still moving and the liftings are still happening," Zabrocky said during today's earnings conference call The biggest change has been that previously booked VLCCs are seeing changes to their place of disport, particularly shifts in delivery to India or for floating storage off the coast of Singapore, Zabrocky said. International Seaways and other shipowners have said they are looking to several bullish factors, such as an increase in ton-mile demand as non-OPEC crude interest out of the Atlantic basin ramps up; the Chinese trade deal eliminating tariffs from U.S. crude imports, and a contango crude pricing structure fueling floating storage needs. Other potentially relevant tickers include FRO EURN NAT NNA NM NMM TNK TNP TK
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News
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- Should You Be Adding International Seaways (NYSE:INSW) To Your Watchlist Today? [Yahoo! Finance]Yahoo! Finance
- International Seaways, Inc. (NYSE: INSW) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
INSW
Earnings
- 2/29/24 - Beat
INSW
Sec Filings
- 5/3/24 - Form 4
- 5/3/24 - Form 4
- 5/1/24 - Form 8-K
- INSW's page on the SEC website