International Seaways, Inc. (INSW) Q3 2025 Earnings Call Transcript

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.


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.
https://seekingalpha.com/article/4840094-international-seaways-inc-insw-q3-2025-earnings-call-transcript?source=feed_all_articles

Solana (SOL) Struggles to Rebound, $165 Level Proves Tough to Crack

Solana (SOL) started a fresh decline below the $165 pivot zone. Currently, SOL price is attempting to recover but faces hurdles near the $165 resistance area.

The price initially dropped below $162 and $160 against the US Dollar and is now trading below $162 and the 100-hourly simple moving average (SMA). On the hourly chart of the SOL/USD pair (data source: Kraken), a new bearish trend line has formed, with resistance at $159.

### Solana Price Faces Hurdles

After extending losses below $150, Solana saw some bullish activity similar to Bitcoin and Ethereum. SOL tested the $145 zone before starting a recovery wave. It managed to move above the $150 and $155 resistance levels, climbing past the 23.6% Fibonacci retracement level of the downward move from the $188 swing high to the $145 low.

Despite this recovery, bears remain active near the $162-$165 resistance zone. The newly formed bearish trend line with resistance at $159 continues to cap upside momentum. SOL is still trading below $162 and the 100-hourly SMA.

On the upside, immediate resistance is near $160 and along the trend line, with the next major barrier around $162. The key resistance to watch is $165 — a successful close above this level could set the pace for another steady increase.

If SOL breaks above $165, the next key resistance lies near $172, corresponding to the 61.8% Fibonacci retracement level of the downward move from $188 to $145. Further gains could potentially push the price toward the $180 level.

### Potential for Further Decline

If SOL fails to break above the $160 resistance, downward pressure may resume. Initial support is near the $150 zone, followed by stronger support around $145.

A break below $145 could lead the price toward the $138 support area. Should the price close below $138, the next significant support level to watch is near $130, indicating further downside risk in the near term.

### Technical Indicators

– **Hourly MACD:** The MACD for SOL/USD is gaining momentum in the bearish zone, signaling continued downward pressure.
– **Hourly RSI (Relative Strength Index):** The RSI remains below the 50 level, suggesting weak buying momentum.

### Key Levels to Watch

– **Major Support Levels:** $150 and $145
– **Major Resistance Levels:** $160 and $165

In summary, Solana is at a critical juncture. Traders should watch for a decisive break above $165 to confirm a bullish reversal, while a failure to overcome $160 resistance could lead to further declines toward key support zones.
https://bitcoinethereumnews.com/tech/solana-sol-struggles-to-rebound-165-level-proves-tough-to-crack/

BillionToOne: A Deserved Opening Day Boom

**Analyst’s Disclosure:**
I/we have no stock, option, or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole.

Seeking Alpha is not a licensed securities dealer, broker, or US investment adviser or investment bank. Our analysts are third-party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
https://seekingalpha.com/article/4840050-billiontoone-deserved-opening-day-boom?source=feed_all_articles

Cardinal Newman, behind 5 TDs from twin QB, beats Acalanes for NCS Division II title

Acalanes showed fight and played a nearly even second half in the first-ever NCS Division II flag football championship.

However, Cardinal Newman proved to be too much for the Dons, ultimately securing the victory.
https://www.mercurynews.com/2025/11/06/cardinal-newman-acalanes-ncs-flag-football-championship-east-bay-california/

Hong Kong Sixes 2025: “It’s no surprise…” – Joe Denly heaps praise on once-teammate Shubman Gill’s swift rise [Exclusive]

Little over a month ago, Joe Denly was grinding it out in the County Championship with Kent in Canterbury in a Division Two clash against Lancashire. Fast forward to now, he is in a different corner of the world, leading the England outfit in the 2025 Hong Kong Sixes, which just goes on to show you that modern cricket never ceases to amaze.

As a certified veteran of the game, Joe Denly has nearly experienced all that cricket has to offer. Whether it be the rigors of first-class cricket, featuring for your country across all formats, experiencing franchise cricket, or now even dipping a toe in unconventional formats, it has been quite a journey—from cricket’s purest form to its strangest.

Joe Denly opened up about his upcoming challenge at the Hong Kong Sixes as he leads England, his experience while sharing the dressing room with Shubman Gill in the 2019 Indian Premier League (IPL), his thoughts on the upcoming 2025-26 Ashes, and much more. Excerpts from Joe Denly’s exclusive interview with Sportskeeda:

### Q. For nearly everyone, Hong Kong Sixes represents memories of balls just flying out of the park, but is there more to it than just pure slogging? Especially for someone like you who has over 250 first-class games. Could this particular environment be any more different than what you are used to?

**Joe Denly:** I think that the basics of trying to hit sixes do not really change much, and I guess it is about trying to stake your pose at the moment, not looking too far ahead. If you do that, hopefully, that’s a good recipe for doing well.

### Q. You obviously have leadership experience across formats when it comes to conventional cricket. However, what are the different things that you need to keep in mind while leading in such an unorthodox form of cricket? Will you be channelling Bazball for the Hong Kong Sixes?

**Joe Denly:** It’s about trying to have fun, and that is the message I will be relaying to the team. You’re probably going to get hit for a few sixes, and that’s okay. You are coming up against good, quality players on quite a small ground. As a bowler, you have to really back yourself and try to stay in the moment.

As a batter, it’s about trying not to look too far ahead. If you do the basics pretty well, then you should be okay. Ultimately, it’s about keeping the lads relaxed and entertaining the crowd, which hopefully will be well supported.

### Q. You have several youngsters on your side, like Dan Mousley and James Coles, who are future prospects for England. How much do you think a good campaign at the Hong Kong Sixes will help them in their selection and international career, or is it completely irrelevant?

**Joe Denly:** The team that has been selected — the ECB (England and Wales Cricket Board) have certainly played a part in that. These are guys who are very highly thought of in England, kind of on the cusp of white-ball selection.

They were probably unlucky not to be involved with the England Lions this winter, so I am sure selectors will be keeping an eye on this competition and seeing how those guys perform. Hopefully, they can put in some really strong performances. You never know — you might even get a late call-up to some squad later this winter.

### Q. On your IPL debut, you opened with none other than Shubman Gill. Were there any early signs that he would reach where he is now? What were your observations about this prodigal player who was just looking to make his mark at the time?

**Joe Denly:** Shubman was certainly a young player with an abundance of talent. Very calm character, so it’s no surprise that he has gone on to achieve what he has.

He’s very highly thought of in India and around the world. He continues to impress, and that comes as no surprise. Unfortunately, I did open the batting with him, but I only lasted one ball, sadly, so I didn’t get a chance to build a partnership.

It’s great to see what he is achieving now — he’s going to be a superstar for many years.

### Q. Is there anything in particular that you fondly recall from that IPL season, given that you shared the dressing room with players like Rinku Singh, Kuldeep Yadav, and Prasidh Krishna, who are all part of the Indian squad now?

**Joe Denly:** It was an incredible couple of months in India—just to experience the IPL, the atmosphere, and the excitement wherever you travelled.

I shared the dressing room with some Indian stars who are still playing now. Very fond memories. I always enjoy keeping track of their progress; it’s great to see them perform on the world stage.

### Q. As one of the few active players who has played the game for over two decades, what are your thoughts on how the game has changed and where it is headed? How much has this rapid change affected your career?

**Joe Denly:** Nowadays, young players coming into the game are completely fearless. When I started, it was about scoring hundreds and batting for long periods.

Now, it has kind of flipped — you still look to score runs, of course, but also to entertain. There’s absolutely no fear of failure.

The shots people play now, all around the ground and 360 degrees, are incredible. I grew up trying to play straight down the ground with a high elbow and solid balance, but now guys even in Test cricket are flicking it over fine leg and reverse scooping — really taking the game on.

It makes for a great watch and a great brand of cricket. It’s not just England labelled with Bazball; teams have been playing like this for a long time. It’s great to see and great to watch. The game of cricket is just getting better and better.

### Q. We recently saw James Anderson extend his contract with Lancashire. Do you plan to extend your career as long as he has?

**Joe Denly:** Not sure. I turn 40 next year, so as long as I’m still enjoying it and having an impact on the field—performing and trying to win games for Kent—then who knows?

It also depends on staying fit. Red-ball cricket might not be my focus over the next few years; probably more T20 cricket and maybe a little coaching as well. I’m not sure I’ll be playing into my mid-40s like Jimmy Anderson, but you never know!

### Q. You have been in the thick of action when it comes to the Ashes. Do you believe this is England’s best shot in a long time? For several players this is their first time on Australian soil; what advice would you have for them?

**Joe Denly:** We certainly have a very good squad going out there. People say it’s our best chance in a long while—I remember playing in the 2019 Ashes series, and I never once thought we couldn’t win.

The teams have changed a lot since then, with quite a few new faces, but England definitely has a great chance.

This is an exciting team, brilliantly led by Ben Stokes and Brendon McCullum. There has been quite a lot of chatter, as you’d expect, with Australians critiquing the way we play—the Bazball style and everything.

It’s going to be a really intriguing series to watch, and I can’t wait for it to get started.

Joe Denly’s journey—from traditional cricket to embracing modern and unconventional formats—reflects the evolving nature of the game, while his leadership and experience continue to inspire the next generation of cricketers.
https://www.sportskeeda.com/cricket/news-hong-kong-sixes-2025-it-s-surprise-joe-denly-heaps-praise-once-teammate-shubman-gill-s-swift-rise-exclusive

China’s New Aircraft Carrier Enters Service, a Sign of Naval Ambitions

The Fujian, China’s most advanced aircraft carrier, officially entered service this week. This milestone marks a significant step forward for the country’s naval capabilities.

With the introduction of the Fujian, China moves closer to challenging the long-standing dominance of the U.S. Navy. The carrier’s advanced technology and improved design reflect China’s growing ambitions on the global stage.
https://www.nytimes.com/2025/11/07/world/asia/china-aircraft-carrier-military-navy.html

Broncos’ JL Skinner ‘ready for the moment’ with game-changing blocked punt vs. Raiders

JL Skinner’s facemask made embattled special teams coordinator Darren Rizzi look good and secured the Broncos an ugly but vital win.

Skinner burst through the line late in the third quarter and blocked AJ Cole’s punt with his helmet, setting up the Broncos for what ultimately became the game-winning field goal in a 10-7, hard-fought victory over the Raiders on Thursday at Empower Field.

It was perhaps the biggest play of the third-year pro’s career. In this game, Rizzi moved Skinner from the outside of the line to the inside to better capitalize on the 6-foot-4, 220-pounder’s length and physicality.

“That’s something I’ve been working on all week at practice—taking advantage of that tackle and trying to get off the ball fast,” Skinner said. “I was ready for the moment. I was thinking about that play all day.”

With 1:36 left in the third quarter and the Raiders facing a fourth-and-16 on their own 14-yard line in a tie game, Skinner lined up inside of Devon Key on the right side of the line. He dipped his shoulder and used a drive-and-crank technique to force his way into the backfield, then split two of the Raiders’ gunners, who were tied up with other blocks, to get to Cole.

Skinner missed the ball with his outstretched right arm as it left Cole’s foot but was close enough that the ball clanged off Skinner’s facemask and visor instead. The ball was then recovered by Tyler Badie, who ran it back to the 11-yard line, setting up Will Lutz’s 32-yard field goal four plays later.

“I didn’t know where the ball was at initially,” Skinner said. “I thought I missed it, and I was just hoping it hit something. After realizing it was blocked, I thought it hit my hand at first, then I saw my visor, and it had a mark from the ball on it. That’s when I knew.

“It was a heads-up play or, I’ll say, a head-butt play.”

On a night when the Broncos offense sputtered and Rizzi’s special teams had several face-palm moments, Skinner’s block was the bailout and the differentiator that underscored a dominating defensive performance.

Rookie punter Jeremy Crawshaw had a rough night with two shanked punts of 30 and 36 yards, along with a squib kick that made it seem like Crawshaw had a case of the yips. The erratic punting was the latest chapter in the Broncos’ ongoing special teams saga that came to a head over the last two weeks in wins over Dallas and Houston.

Rizzi’s unit had an array of errors in both games, including a communication mishap that preceded a concussion for All-Pro returner Marvin Mims Jr. against the Cowboys, as well as multiple players running out late on special teams during the game against the Texans.

But following Skinner’s momentum-changing block on Thursday and another game-winning field goal from kicker Will Lutz, defensive lineman John Franklin-Myers said the Broncos are choosing to see the unit’s performance through a glass-half-full lens.

For Skinner, a primary special teamer who has appeared in 26 NFL games with no starts and only a handful of plays at safety, he hopes Thursday’s highlight acts as a trampoline for him for the rest of the season.

“Special teams is one of those things that nobody wants to talk about until it’s something bad,” Franklin-Myers said. “But tonight, JL showed he’s a consistent player who plays with a physicality that people don’t want to match. He’s one of the engines that makes the special teams go.”

Linebacker Jonathon Cooper and defensive lineman Zach Allen, who helped Franklin-Myers contribute to the Broncos’ six sacks against the Raiders, agreed, even as Cooper acknowledged the unit has areas to clean up.

“(Special teams) made a big play in a big-time moment,” Allen said, “and that’s all we can ask for.”
https://www.denverpost.com/2025/11/06/jl-skinner-broncos-blocked-punt-raiders/

“You are strong” – Chris Evert, Andy Roddick’s wife Brooklyn & others send touching messages to Kim Clijsters as Belgian shares injury recovery update

Kim Clijsters has undergone another surgery after rupturing her Achilles tendon once again. This setback occurred while she was still in the process of recovering from her initial injury sustained at the Luxembourg Legends exhibition.
https://www.sportskeeda.com/tennis/news-you-strong-chris-evert-andy-roddick-s-wife-brooklyn-others-send-touching-messages-kim-clijsters-belgian-shares-injury-recovery-update

The FAA’s order to cut flights nationwide due to the government shutdown is set to take effect

The Federal Aviation Administration (FAA) has selected 40 airports across more than two dozen states for mandatory flight reductions, according to a recent order. These include major hubs such as Atlanta, Dallas, Denver, Los Angeles, and Charlotte, North Carolina. In several metropolitan areas—including New York, Houston, Chicago, and Washington—multiple airports will be affected, with ripple effects likely extending to smaller airports as well.

In anticipation of the FAA’s official order, airlines scrambled to adjust their schedules and began canceling flights Thursday. Travelers planning weekend and future trips waited nervously to learn if their flights would depart as scheduled. As of now, more than 780 flights have been canceled nationwide, according to FlightAware.

Delta Air Lines reported plans to cancel roughly 170 flights Friday, while American Airlines expects to cut 220 flights per day through Monday. The FAA stated that the reductions will start at 4% and ramp up to 10% by November 14. These measures will be in effect from 6 a.m. to 10 p.m. daily and impact all commercial airlines.

The FAA says the cutbacks are necessary to help relieve pressure on air traffic controllers, many of whom have been working without pay for more than a month. Many controllers are now working six-day weeks with mandatory overtime, leading to increasing callouts as financial strain and exhaustion mount.

“You can’t expect people to go in to work when they’re not getting a paycheck,” said Kelly Matthews of Flat Rock, Michigan, a frequent business traveler who has canceled most of her upcoming trips. “It’s not that they don’t want to do the job, but you can’t afford to pay for gas, your day care, and everything else.”

The order comes as the Trump administration increases pressure on Democrats in Congress to end the ongoing shutdown. Airlines have pledged to try to minimize the impact on customers, with some focusing on slashing routes to and from small and medium-sized cities.

Carriers are required to refund customers whose flights are canceled, but according to the Department of Transportation, they are not obligated to cover secondary costs such as food and hotel accommodations unless a delay or cancellation results from a factor within the airlines’ control.

Industry analyst Henry Harteveldt warned the reductions will “have a noticeable impact across the U.S. air transportation system.” The cuts could also slow package delivery services, as two affected airports—FedEx in Memphis, Tennessee, and UPS in Louisville, Kentucky—serve as major distribution centers. Notably, Louisville is also the site of this week’s deadly cargo plane crash.

*Associated Press journalists Hallie Golden in Seattle, Safiyah Riddle in Montgomery, Alabama, and Wyatte Grantham-Philips in New York contributed to this report.*
https://www.clickorlando.com/business/2025/11/07/the-faas-order-to-cut-flights-nationwide-due-to-the-government-shutdown-is-set-to-take-effect/

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