International Seaways has confirmed a purchase of six MR tankers built in 2014 and 2015 from private equity player Wayzata Investment Partners, saying it used shares for part of the cost.
The New York-listed diversified tanker owner did not specify the seller as it reported fourth-quarter 2023 earnings on Thursday. It cited the deal price at $232m, saying 15% of the price came in shares.
