Attached files

file filename
EX-99.2 - EXHIBIT 99.2 - International Seaways, Inc.tv481849_ex99-2.htm
EX-99.1 - EXHIBIT 99.1 - International Seaways, Inc.tv481849_ex99-1.htm

 

 

United States

Securities and Exchange Commission

Washington, D.C. 20549

 

 

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 OR 15(d) of the

Securities Exchange Act of 1934

 

  December 21, 2017  
  Date of Report (Date of earliest event reported)  

 

  International Seaways, Inc.  
  (Exact Name of Registrant as Specified in Charter)  

 

  1-37836-1  
  Commission File Number  

  

Marshall Islands   98-0467117
(State or other jurisdiction of incorporation or organization)   (I.R.S. Employer Identification Number)

 

  600 Third Avenue, 39th Floor  
  New York, New York  10016  

 

(Address of Principal Executive Offices) (Zip Code)

 

Registrant's telephone number, including area code (212) 578-1600

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

 

 

¨Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company x

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. x

 

 

 

 

 

  

Section 7 – Regulation FD

 

Item 7.01Regulation FD Disclosure.

 

On December 21, 2017, International Seaways, Inc. (the “Company”) made available to investors a presentation (the “Presentation”) entitled “Transaction Update to Shareholders”, a copy of which is attached hereto as Exhibit 99.1, relating to its entry into a binding letter of intent with respect to the acquisition of six VLCC tankers (the “Transaction”). In addition, International Seaways, Inc. (the “Company”) issued a press release relating to the Transasction, as set forth in Item 8.01 below.

 

The information contained in, or incorporated into, this Item 7.01, including Exhibits 99.1 and 99.2 attached hereto, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.

 

Section 8 – Other Events

 

Item 8.01Other Events.

 

On December 21, 2017, International Seaways, Inc. (the “Company”) issued a press release announcing that it has entered into a binding letter of intent with Euronav with respect to the Transaction. A copy of the press release is attached hereto as Exhibit 99.2 and the contents thereof are incorporated by reference herein.

 

Section 9 – Financial Statements and Exhibits

 

Item 9.01Financial Statements and Exhibits.

 

(d) Exhibits

 

Pursuant to General Instruction B.2 of Form 8-K, the following exhibits are furnished with this Form 8-K.

 

Exhibit No.   Description
     
99.1   Presentation dated December 21, 2017.
     
99.2   Press Release dated December 21, 2017.

 

 

 

  

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  INTERNATIONAL SEAWAYS, INC.
  (Registrant)
       
Date: December 21, 2017 By /s/ James D. Small III
    Name: James D. Small III
    Title: Chief Administrative Officer, Senior Vice President, Secretary and General Counsel

 

 

 

  

EXHIBIT INDEX

 

Exhibit No.   Description
     
99.1   Presentation dated December 21, 2017.
99.2   Press Release dated December 21, 2017.