International Seaways, Inc. is engaged in the transportation of crude oil and petroleum products. The Company operates its vessels in the International Flag trade. It owns and operates a fleet of oceangoing vessels. The Company’s segments include Crude Tankers and Product Carriers. The Crude Tankers segment includes Crude Tankers Lightering business through which it provides ship-to-ship (STS) lightering support services and full-service STS lightering to customers in the United States Gulf, United States Pacific, Grand Bahama, and Panama regions. In STS lightering support service, the Company provides personnel and equipment to facilitate the transferring of cargo between seagoing ships positioned alongside each other, either stationary or underway. The Product Carriers segment consists of a fleet of medium ranges (MRs), long-range 1 (LR1), and long-range 2 (LR2) product carriers engaged in the transportation of refined petroleum products. It owns and operates a fleet of 77 vessels.