New York-listed International Seaways is moving toward sales of a handful of tankers, most in the handysize sector.
However, chief executive Lois Zabrocky told TradeWinds on Tuesday that reports it has sold five vessels are premature. International Seaways acquired the vessels in its 2021 all-stock merger with Diamond S Shipping.
“We have considered the handy tanker sector to be non-core for Seaways from the time of the merger, and will look to divest as we get strong price inquiry due both to ship age (2006) and it being non-core,” Zabrocky said in an email.
