International Seaways Quietly Dumps Seven Vessels for $216M
INSW closes $216M sale of seven tankers at the peak of a Hormuz-driven rate surge — brilliant timing or a missed opportunity?
A Quiet Fleet Fire Sale While Nobody Was Looking
While the entire maritime world has been fixated on the Strait of Hormuz crisis, International Seaways pulled off one of the most opportunistically timed asset sales in recent tanker market memory. The New York-listed tanker operator quietly closed the sale of seven vessels for a combined two hundred and s…
