International Seaways Secures $239.7M Term Loan Agreement

International Seaways ( (INSW) ) has shared an update.

On August 20, 2025, International Seaways, Inc. entered into a credit agreement with DNB Bank ASA and other financial entities to establish a $239.7 million term loan and a $91.9 million revolving credit facility. This financing is aimed at supporting the construction of six LR1 tanker newbuildings in Korea, enhancing the company’s fleet capabilities and market presence. The facilities are secured by liens on the subsidiaries acquiring the newbuildings and are insured by Korea Trade Insurance Corporation. The agreement includes financial covenants to maintain liquidity and leverage ratios, ensuring the company’s financial stability and operational growth.

The most recent analyst rating on (INSW) stock is a Buy with a $47.00 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.

International Seaways scores well due to strong earnings call sentiment and technical analysis, indicating bullish momentum. The financial performance is stable but faces challenges with declining revenue and ROE. The valuation is attractive with a low P/E ratio and high dividend yield. Overall, the stock presents a positive outlook with some growth challenges.

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

More about International Seaways

International Seaways, Inc. operates in the shipping industry, focusing on the transportation of crude oil and petroleum products. The company primarily deals with the operation and leasing of a fleet of vessels, including tankers, to facilitate global trade in energy commodities.

Average Trading Volume: 615,570

Technical Sentiment Signal: Strong Buy

Current Market Cap: $2.19B

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