Operator: Hello, everyone, and welcome to the International Seaways Third Quarter 2025 Earnings Conference Call. My name is Carla, and I will be coordinating your call today. [Operator Instructions]
I would now like to hand you over to your host, the General Counsel, James Small, to begin. Please go ahead when you’re ready.
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James Small
Chief Administrative Officer, Senior Vice President, General Counsel & Secretary
Thank you, operator, and good morning, everyone. Welcome to International Seaways’ Third Quarter 2025 Earnings Call.
Before we begin, I’d like to remind you that during this call and in the accompanying presentation, management may make forward-looking statements regarding the company and the industry in which we operate. These statements may address, without limitation, the following topics:
• Outlooks for the crude and product tanker markets
• Changes in trading patterns
• Forecasts of world and regional economic activity
• Forecasts of the demand for and production of oil and petroleum products
• Our strategy and business prospects
• Expectations about revenues and expenses, including vessel, charter hire, and G&A expenses
• Estimated future bookings, TCE rates, and capital expenditures
• Projected dry dock and off-hire days
• New build vessel construction; vessel purchases and sales
• Anticipated and recent financing transactions and plans to issue dividends
• Effects of ongoing and threatened conflicts around the world
• Economic, regulatory, and political developments in the United States and globally, including the impact of protectionist trade regulations
• Our ability to achieve our financing and other objectives
Please refer to our latest SEC filings for a complete list of risk factors and forward-looking disclaimers. Now, let’s turn the call over to our CEO to discuss the quarter in more detail.
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