International Seaways to Announce Fourth Quarter 2017 Results on March 8, 2018

February 22, 2018

NEW YORK–(BUSINESS WIRE)–International Seaways, Inc. (NYSE:INSW) (the “Company” or “INSW”)
announced today that it plans to release fourth quarter 2017 results
before market open on Thursday, March 8, 2018.

The Company will host a conference call to discuss its fourth quarter
2017 results at 9:00 a.m. Eastern Time (“ET”) on Thursday, March 8, 2018.

To access the call, participants should dial (855) 940-9471 for domestic
callers and (412) 317-5211 for international callers. Please dial in ten
minutes prior to the start of the call.

A live webcast of the conference call will be available from the
Investor Relations section of the Company’s website at http://www.intlseas.com/

An audio replay of the conference call will be available starting at
12:00 p.m. ET on Thursday, March 8, 2018 through 11:59 p.m. ET on
Thursday, March 15, 2018 by dialing (877) 344-7529 for domestic callers
and (412) 317-0088 for international callers, and entering Access Code
10117536.

About International Seaways, Inc.

International Seaways, Inc. (NYSE: INSW) is one of the largest tanker
companies worldwide providing energy transportation services for crude
oil and petroleum products in International Flag markets. International
Seaways owns and operates a fleet of 53 vessels, including one ULCC,
nine VLCCs, two Suezmaxes, eight Aframaxes/LR2s, 12 Panamaxes/LR1s and
15 MR tankers. Through joint ventures, it has ownership interests in
four liquefied natural gas carriers and two floating storage and
offloading service vessels. International Seaways has an experienced
team committed to the very best operating practices and the highest
levels of customer service and operational efficiency. International
Seaways is headquartered in New York City, NY. Additional information is
available at www.intlseas.com.

Forward-Looking Statements

This release contains forward-looking statements. In addition, the
Company may make or approve certain statements in future filings with
the Securities and Exchange Commission (SEC), in press releases, or in
oral or written presentations by representatives of the Company. All
statements other than statements of historical facts should be
considered forward-looking statements. These matters or statements may
relate to the Company’s plans to issue dividends, its prospects,
including statements regarding trends in the tanker markets, and
possibilities of strategic alliances and investments. Forward-looking
statements are based on the Company’s current plans, estimates and
projections, and are subject to change based on a number of factors.
Investors should carefully consider the risk factors outlined in more
detail in the Annual Report on Form 10-K for the Company and in similar
sections of other filings made by the Company with the SEC from time to
time. The Company assumes no obligation to update or revise any
forward-looking statements. Forward-looking statements and written and
oral forward looking statements attributable to the Company or its
representatives after the date of this release are qualified in their
entirety by the cautionary statements contained in this paragraph and in
other reports previously or hereafter filed by the Company with the SEC.