Internatonal Seaways focused on replacing aging fleet during second quarter: CEO

Tanker operator International Seaways spent the second quarter replacing a portion of its aging fleet, as order books grew to about 11% of its total fleet, with seaborne activity bolstered by increased demand paired with ongoing disruptions to oil markets, the company said Aug. 7. “Strong tanker market naturally would dictate more ordering and the …

Scroll to Top