International Seaways Expands VLCC Fleet Through Strategic Combination With Bruton Limited

By Oslo Stock Exchange

New York, NY - 16 October 2026

On October 16, 2026, International Seaways, Inc. (NYSE: INSW) (the "Company," "Seaways," or "INSW") published a press release and a Current Report on Form 8-K ("Form 8-K") announcing the execution of agreements to acquire Bruton Limited in a series of transactions. The transaction combines Bruton's four VLCC vessels, including newbuildings, with INSW's diversified fleet of approximately 70 vessels across both the crude and product segments.

A copy of the press release has been filed with the U.S. Securities and Exchange Commission (SEC), and is publicly available at:

https://www.sec.gov/Archives/edgar/data/1679049/000110465926116371/tm2627713d1_e x99-1.htm

The Form 8-K has also been filed with the SEC and is publicly available at: https://www.sec.gov/ix?doc=/Archives/edgar/data/0001679049/000110465926116371/tm 2627713d1_8k.htm

This announcement is made in connection with the Company's $250 million USD-denominated Nordic bond originally issued in September 2025. The bond carries a fixed coupon of 7.125% and matures in 2030. It is listed under the following identifiers:

ISIN: NO 0013660365

Euronext Oslo Børs Symbol: INSW01

For further information, please contact:

Investor Relations & Media Contact: Tom Trovato, International Seaways, Inc. (212) 578-1602 ttrovato@intlseas.com

https://newsweb.oslobors.no/message/684222

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