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International Seaways Accelerates Fleet Renewal With Vessel Sales

Story Highlights
  • International Seaways is divesting five older tankers for about $185 million in proceeds.
  • The vessel sales, closing in early 2026, should yield $65 million in gains and support fleet renewal efforts.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
International Seaways Accelerates Fleet Renewal With Vessel Sales

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An update from International Seaways ( (INSW) ) is now available.

On January 29, 2026, International Seaways announced that since the start of the year it has sold or agreed to sell five of its oldest vessels—three medium-range (MR) tankers with an average age of 18 years and two very large crude carriers (VLCCs) averaging 15 years—for total proceeds of about $185 million, net of commissions and fees. The transactions, expected to close in the first quarter of 2026, are projected to generate roughly $65 million in gains on sale, signaling an active fleet renewal and capital-recycling strategy that could enhance the company’s operational efficiency and balance sheet while potentially sharpening its competitive positioning in the global tanker market.

The most recent analyst rating on (INSW) stock is a Buy with a $63.00 price target. To see the full list of analyst forecasts on International Seaways stock, see the INSW Stock Forecast page.

Spark’s Take on INSW Stock

According to Spark, TipRanks’ AI Analyst, INSW is a Outperform.

The score is driven primarily by strong technical momentum and a constructive earnings outlook supported by robust liquidity and sustained capital returns. Valuation is also supportive with a moderate P/E and high dividend yield. Offsetting these positives are fundamental durability concerns from the significant revenue decline and weaker free cash flow growth.

To see Spark’s full report on INSW stock, click here.

More about International Seaways

International Seaways, Inc. (NYSE: INSW) is one of the world’s largest tanker companies, providing energy transportation services for crude oil and petroleum products in international flag markets. Headquartered in New York City, the company owns and operates a fleet of 73 vessels, including VLCCs, Suezmaxes, Aframaxes/LR2s, LR1s and MR tankers, and focuses on high operational efficiency and customer service for global energy shippers.

Average Trading Volume: 528,452

Technical Sentiment Signal: Buy

Current Market Cap: $2.84B

For a thorough assessment of INSW stock, go to TipRanks’ Stock Analysis page.

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