International Seaways Q2 profit falls to $62 million as shipping revenue drops
International Seaways reported second quarter 2025 net income of $62 million, or $1.25 per diluted share, down from $145 million, or $2.91 per diluted share, a year earlier. Shipping revenues fell to $196 million from $257 million, and the company's board declared a combined $0.77 per share dividend, which shareholders would receive in September 2025.
Key points
- Q2 2025 net income was $62 million, or $1.25 per diluted share, versus $145 million, or $2.91, in Q2 2024.
- Shipping revenues were $196 million versus $257 million; adjusted EBITDA was $102 million versus $167 million.
- On August 5, 2025, the board declared a combined $0.77 per share dividend, payable September 24, 2025 to holders of record on September 10, 2025.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:05 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 06, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.