Company Overview
International Seaways (INSW) is a crude and product tanker shipping company, which was formed in late-2016 as a spinoff from Overseas Shipholding Group (OSG). They have a fleet of 40 vessels along with ownership interests in two joint-ventures- one focused on FSOs with Euronav (EURN) and the other focused on LNG carriers with long-term contracts.
INSW has historically traded at much cheaper valuations than its peers due to a dearth of coverage and the overhang from legacy private equity investors. I believe both of these major investors