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International Seaways Inc (INSW.N)

INSW.N on New York Stock Exchange

21.62USD
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$0.08 (+0.37%)
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Latest Key Developments (Source: Significant Developments)

International Seaways Announces Agreement To Acquire Six VLCCs
Thursday, 21 Dec 2017 

Dec 21 (Reuters) - International Seaways Inc ::INTERNATIONAL SEAWAYS ANNOUNCES AGREEMENT TO ACQUIRE SIX VLCCS.INTERNATIONAL SEAWAYS INC - ‍PURCHASE PRICE FOR SIX-VESSEL ACQUISITION IS $434 MILLION, INCLUSIVE OF ASSUMED DEBT.​.INTERNATIONAL SEAWAYS INC - ‍IN CONNECTION WITH TRANSACTION, CO TO ASSUME DEBT CURRENTLY SECURED BY ACQUIRED VESSELS​.INTERNATIONAL SEAWAYS- TO BUY HOLDING COMPANIES FOR 6 300,000 DWT VLCCS FROM EURONAV NV IN CONNECTION WITH EURONAV'S ACQUISITION OF GENER8 MARITIME.INTERNATIONAL SEAWAYS INC - ‍DEBT CURRENTLY SECURED BY ACQUIRED VESSELS CONSISTS $311 MILLION CREDIT FACILITY​.  Full Article