Could International Seaways cash in its FSOs as it did with LNG vessels?

Could tanker owner International Seaways be on the road to selling its 50% stake in a floating storage joint venture with Euronav, now that the partners have secured a new 10-year contract?

Lois Zabrocky, the tanker owner's chief executive, did not exactly quash the idea in a recent call with investment analysts, fielding a question on the point from Jefferies researcher Randy Giveans.