Filing Flows › International Seaways (INSW) › Guidance & outlook
International Seaways (INSW) guidance and outlook
International Seaways' 10-Q filed Nov 5, 2026 makes 11 forward-looking statements.
Guidance and outlook
Forward-looking statements, 10-Q filed Nov 5, 2026
- This Quarterly Report on Form 10-Q includes industry data and forecasts that we have prepared based, in part, on information obtained from industry publications and surveys.
- We also expect the voyage expenses of the commercial pools in which we participate to be high in the near-term due to high bunker costs and being subject to additional war risks insurance premiums when the pool’s vessels transit through or call to any ports or areas or the waters of any country bordering the Arabian Gulf or the Red Sea.
- Management makes economic decisions based on anticipated TCE rates and evaluates financial performance based on TCE rates achieved.
- When and as conditions normalize, while it is unlikely these rates are sustainable, we would expect tanker markets to benefit from the rebalancing of trade flows and the replenishment of inventories.
- Should the Company not qualify for the exemption in the future, INSW will be subject to U.S. federal income taxation of 4% of its U.S. source shipping income on a gross basis without the benefit of deductions.
- Based on the foregoing, the Company currently expects that its international shipping income will qualify for the Qualifying International Shipping Income exclusion under the Bermuda CIT Act.
- We will designate the minimum price per share at which the common shares may be sold and the maximum amount of common shares to be sold through the sales agents during any selling period or otherwise determine such maximum amount together with the sales agents.
- We intend to use the net proceeds of any offering, after deducting the sales agents’ commissions and our offering expenses, for general corporate purposes.
- The Company intends to use its website as a method of disseminating this disclosure, as permitted by applicable SEC rules.
- Any such disclosure will be posted to the Company website within four business days following the date of any such amendment.
- We cannot predict the timing, outcome, or impact of future developments in the U.S., China or other countries’ trade regulations or tariff policy, including whether the suspension of port fees will terminate earlier than November 10, 2026, or will be extended and any such changes could materially adversely affect our business, financial condition or results of operations.
International Seaways' latest quarter
International Seaways, Q3 2026: revenue $483M (+146% year over year), operating margin 72.7%, net earnings $344M, operating cash flow $243M. The chart follows the revenue to costs, profit and cash.
Questions
What does International Seaways expect?
This Quarterly Report on Form 10-Q includes industry data and forecasts that we have prepared based, in part, on information obtained from industry publications and surveys. We also expect the voyage expenses of the commercial pools in which we participate to be high in the near-term due to high bunker costs and being subject to additional war risks insurance premiums when the pool’s vessels transit through or call to any ports or areas or the waters of any country bordering the Arabian Gulf or the Red Sea. Management makes economic decisions based on anticipated TCE rates and evaluates financ
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.