Another major shareholder is cutting back on International Seaways.
According to Securities and Exchange Commission filings, Paulson & Co sold more than 450,000 shares in the New York-listed tanker owner, bringing its total to 2.4 million and paring down its holdings from 9.97% to 8.4%.
The selloff started in mid-February and follows a November sale in which Paulson & Co.
