SBBA - International Seaways: Preparing For The Tanker Market Recovery (Podcast Transcript)
- Value Investor's Edge Live continues with our latest episode focused on the oil and product tanker sectors in shipping.
- We reviewed the crude tanker and product tanker markets and INSW specific prospects into a likely recovery by late-2022.
- Discussion of capital allocation priorities and how INSW can create value by repurchasing shares at 40%+ discounts to net asset value.
- INSW plans to monetize a significant joint venture by mid-2022, which could unlock $150M+ in free cash flow.
- An audio recording with time stamps is included below along with a full-length transcript.
For further details see:
International Seaways: Preparing For The Tanker Market Recovery (Podcast Transcript)