International Seaways is eyeing up time charter opportunities in both the crude and product tanker market alongside potential expansion of its LNG fleet.
New York-listed Seaways spent $600m in renewing its tanker fleet in 2018 and is confident of a recovery backed by supportive supply and demand dynamics.
Lois Zabrocky, chief executive of International Seaways, says the company is encouraged by the strength of the tanker market in the fourth quarter of 2018 and how the market is developing in 2019.
