International Seaways: One Of The Best-Diversified Tanker Companies; Rating Upgrade
INSWInternational Seaways(INSW) Seeking Alpha·2024-04-13 17:29

Antony Velikagathu Note: I previously covered International Seaways (NYSE:INSW) in January 2024. In my note on INSW, I discussed the company's diverse fleet of crude and product tankers, its superior finances, and valuations. I pointed out that the tanker (crude and product) market will remain robust due to the dislocation between crude oil supply and demand, plus tanker supply constraints. Consumption will grow East while production will grow West, resulting in higher tonne-mile demand for crude oil transp ...