Crude tankers
This business moves crude oil by sea on large tanker ships owned or chartered by International Seaways.
Customers
Oil producers, traders, refiners, and shipping customers that need crude oil moved between production areas and refineries.
Revenue Model
The company earns freight income by chartering ships to customers under spot trips or longer charter contracts.
Product tankers
This business transports refined petroleum products such as gasoline, diesel, and jet fuel on smaller tanker ships.
Customers
Refiners, oil companies, traders, and fuel distributors that need finished fuel moved to storage terminals and end markets.
Revenue Model
The company earns freight income from spot voyages and charter agreements paid by the customer for use of the vessel.