International Seaways Expands Global Tanker Fleet With Bruton Acquisition
International Seaways (INSW) agrees to a $370M acquisition of Bruton, expanding its fleet as premarket stock climbs.
Stocks · News reference
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
The Company also today announced selected preliminary financial results for the third quarter of 2026.Based on information currently available, the Company expects:Shipping Revenues and Other Operating Revenues of
Reference Details
Connected Markets
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
- Source
- benzinga
- Observed
- Checked
- Cadence
- Captured once, then retained as an archive reference
- Status
- fresh
Keep reading
Related Headlines
8-K filing — International Seaways, Inc. (INSW)
Filed: 2026-10-16 AccNo: 0001104659-26-116371 Size: 936 KB Item 1.01: Entry into a Material Definitive Agreement Item 3.02: Unregistered Sales of Equity Securities Item 7.01: Regulation FD Disclosure Item 9.01: Financial Statements and Exhibits
International Seaways To Acquire Bruton In About $370M Deal, Buying 50.5% Directly, Adding 4 VLCCs; To Issue About 3.12M INSW Shares
Seaways has entered into exchange agreements with Bruton shareholders holding approximately 50.5% of Bruton’s outstanding common shares, to immediately acquire those shares in exchange for 0.0519 INSW shares for each