International Seaways Sees Q3 Revenues Of $480M-$490M, Net Income Of $340M-$350M; Blended Spot Earnings $68,000 Per Day, Up From $29,000 YoY
10/16/2026
Impact: 85
Industrials
International Seaways anticipates third quarter 2026 revenues between $480 million and $490 million, with a net income projected at approximately $340 million to $350 million, including a $50 million gain from the sale of a Suezmax vessel. The company's blended spot earnings increased to $68,000 per day, up from $29,000 year-over-year. As of September 30, 2026, total liquidity stood at around $965 million, comprising $455 million in cash and short-term investments, along with $510 million in undrawn revolving credit capacity.
AI summary, not financial advice
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