SCHEDULE: FMR LLC Boosts Stake in International Seaways to 9.5%

FMR LLC and its affiliates, including Abigail P. Johnson, reported a 9.5% beneficial ownership stake in International Seaways Inc. as of December 31, 2025.

Summary

• FMR LLC and its affiliates, including Abigail P. Johnson, beneficially own 4,669,602.45 shares of International Seaways Inc. common stock.
• This represents 9.5% of the total outstanding common stock of International Seaways Inc.
• FMR LLC holds sole voting power over 4,664,990.00 shares and sole dispositive power over 4,669,602.45 shares.
• Abigail P. Johnson holds sole dispositive power over 4,669,602.45 shares.
• Fidelity Tactical High Income Fund, a subsidiary, holds 3,116,932.00 shares, representing 6.3% of the outstanding common stock.
• The securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 8

Explanation: StockSavvy.ai views this as a strong positive signal, as a major institutional investor increasing its stake to 9.5% suggests high conviction in the company's future prospects and valuation.

Positives

• A significant 9.5% stake by a major institutional investor like FMR LLC (Fidelity) indicates strong confidence in International Seaways Inc.
• The investment is stated to be in the ordinary course of business, suggesting a long-term investment strategy rather than an activist play.
• Fidelity Tactical High Income Fund's 6.3% stake further underscores specific fund-level conviction.

Future Outlook

No forward-looking statements or guidance from International Seaways Inc. are provided in this beneficial ownership filing.

Industry Context

StockSavvy.ai notes that a substantial stake by a prominent asset manager like FMR LLC in International Seaways Inc., a tanker company, suggests a positive view on the shipping sector or the company's specific market position. This could reflect expectations for continued strength in global trade, energy demand, or favorable supply-demand dynamics within the tanker industry, potentially signaling confidence in the company's operational efficiency and strategic direction relative to peers.

Comparison to Industry Standards

• StockSavvy.ai observes that a 9.5% stake by a single institutional entity or group is a significant position, often placing the investor among the top shareholders.
• While specific comparable companies or projects are not detailed in this filing, such a substantial investment by FMR LLC, a major global asset manager, typically implies a thorough due diligence process and a belief that International Seaways Inc. offers compelling value or growth prospects within the maritime transport sector, potentially outperforming industry averages or specific competitors like Euronav or Frontline in their respective segments.

Stakeholder Impact

• Shareholders: The significant institutional investment by FMR LLC could be perceived positively, potentially boosting investor confidence and signaling a strong endorsement of International Seaways Inc.'s value proposition.
• Company Management: A large institutional holder may increase scrutiny or engagement with management regarding strategic decisions and performance.

Key Dates

Recommendation

A seasoned investor would likely view FMR LLC's accumulation of a 9.5% stake in International Seaways Inc. as a strong 'buy' signal. This substantial investment by a highly respected institutional asset manager suggests deep conviction in the company's fundamentals, future growth potential, or undervaluation. Such a significant position, held in the ordinary course of business, implies a long-term positive outlook and could attract further institutional interest, potentially driving share price appreciation.

Keywords

International Seaways Inc, FMR LLC, Abigail P. Johnson, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investment, Fidelity, Shipping, Tanker Company