International Seaways: The Closest Way To Buy Tanker ETF And Collect Double-Digit Yields
INSWInternational Seaways(INSW) Seeking Alpha·2024-09-16 13:19
shaunl/E+ via Getty Images Note: I previously covered International Seaways (NYSE:INSW) in April. I discussed that the tanker (crude and product) market has more room for growth due to the dislocation between oil supply and demand. Consumption will grow East while production will grow West, resulting in higher tonne-mile demand for tankers. INSW is well-positioned to capitalize on that. The company has a large and diverse fleet of crude and product tankers. Besides that, INSW keeps its balance sheet hea ...