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

Capital.com is an execution-only brokerage platform and the content provided on the Capital.com website is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided.
The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.
To the extent permitted by law, in no event shall Capital.com (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk.
 

Cryptocurrency-related content is intended solely as news and market commentary. Crypto Derivatives are not available to Retail clients registered with Capital Com (UK) Ltd.