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International Seaways, Inc.
INSW
2025 Q2
Energy & Utilities
2w
Fleet renewal through vessel sales and purchases
Sold or agreed to sell 6 of the oldest vessels with an average age of 17.5 years, generating proceeds of around $85 million.
Purchased a 2020-built scrubber-fitted VLCC, delivering in Q4 2025.
Fleet renewal strategy includes executing sales and purchases throughout the tanker cycle to maintain a modern fleet.
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Kosmos Energy Ltd.
KOS
2025 Q2
Energy & Utilities
2w
Gimi LNG Project Achieves Commercial Operations Date (COD) with 6.5 Cargoes Lifted in 2025
Gimi FLNG achieved COD in late June, marking a key milestone for the GTA project.
Targeting full capacity of 2.7 million tonnes per annum in Q4 2025.
Lifted 6.5 gross cargoes year-to-date, with expected increase in production during winter months.