Homeless International Flag

Chase Opens Innovative Branch in Bronx’s Grand Concourse Neighborhood

Retrieved on: 
Friday, April 26, 2024

JPMorgan Chase leaders and community partners cut the ribbon on a new Community Center branch in the Grand Concourse neighborhood of the Bronx.

Key Points: 
  • JPMorgan Chase leaders and community partners cut the ribbon on a new Community Center branch in the Grand Concourse neighborhood of the Bronx.
  • The Grand Concourse Community Center branch features a team of local financial health experts focused on community engagement, mentorship and advice.
  • In addition to the Harlem and Bronx locations, Chase plans to open a Community Center in Brooklyn by the end of the year.
  • Construction is already underway in Brooklyn and the firm expects to open the branch by end of the year.

UnitedHealthcare Donates $1.4 Million To Nine Nonprofit Organizations in Massachusetts

Retrieved on: 
Tuesday, July 25, 2023

In total, UnitedHealthcare is donating more than $11.1 million in grants through its Empowering Health program across 12 states.

Key Points: 
  • In total, UnitedHealthcare is donating more than $11.1 million in grants through its Empowering Health program across 12 states.
  • “UnitedHealthcare is honored to support the important work these local organizations are doing to provide greater access to services for underserved communities in Massachusetts,” said John Madondo, CEO, UnitedHealthcare Community Plan of Massachusetts.
  • Since launching its Empowering Health commitment in 2018, UnitedHealthcare has now invested more than $62 million in Empowering Health grants, reaching nearly 11 million people through partnerships with community-based organizations in 30 states and the District of Columbia.
  • In Massachusetts, this includes more than $3.7 million in contributions over the last three years representing its businesses, foundations and employees.

International Seaways to Announce Third Quarter 2022 Results on November 8, 2022

Retrieved on: 
Wednesday, October 26, 2022

International Seaways owns and operates a fleet of 78 vessels, including 13 VLCCs (including three newbuildings), 13 Suezmaxes, five Aframaxes/LR2s, eight LR1s and 39 MR tankers.

Key Points: 
  • International Seaways owns and operates a fleet of 78 vessels, including 13 VLCCs (including three newbuildings), 13 Suezmaxes, five Aframaxes/LR2s, eight LR1s and 39 MR tankers.
  • International Seaways has an experienced team committed to the very best operating practices and the highest levels of customer service and operational efficiency.
  • International Seaways is headquartered in New York City, NY.
  • Forward-looking statements are based on the Companys current plans, estimates and projections, and are subject to change based on a number of factors.

International Seaways Issues Statement in Response to Famatown

Retrieved on: 
Friday, September 2, 2022

We engage regularly with our shareholders and, since Famatown disclosed its interest in International Seaways, we have been seeking to work with Famatown constructively.

Key Points: 
  • We engage regularly with our shareholders and, since Famatown disclosed its interest in International Seaways, we have been seeking to work with Famatown constructively.
  • International Seaways, Inc. (NYSE: INSW) is one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products in International Flag markets.
  • International Seaways owns and operates a fleet of 78 vessels, including 13 VLCCs (including three newbuildings), 13 Suezmaxes, five Aframaxes/LR2s, eight LR1s and 39 MR tankers.
  • International Seaways has an experienced team committed to the very best operating practices and the highest levels of customer service and operational efficiency.

International Seaways Continues Returning Cash to Shareholders With Repurchase of Shares

Retrieved on: 
Monday, August 22, 2022

The Company has approximately $40.0 million available under the current $60.0 million share repurchase program.

Key Points: 
  • The Company has approximately $40.0 million available under the current $60.0 million share repurchase program.
  • International Seaways, Inc. (NYSE: INSW) is one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products in International Flag markets.
  • International Seaways owns and operates a fleet of 78 vessels, including 13 VLCCs (including three newbuildings), 13 Suezmaxes, five Aframaxes/LR2s, eight LR1s and 39 MR tankers.
  • International Seaways has an experienced team committed to the very best operating practices and the highest levels of customer service and operational efficiency.

International Seaways to Announce Second Quarter 2022 Results on August 9, 2022

Retrieved on: 
Thursday, July 28, 2022

International Seaways owns and operates a fleet of 78 vessels, including 13 VLCCs (including three newbuildings), 13 Suezmaxes, five Aframaxes/LR2s, eight LR1s and 39 MR tankers.

Key Points: 
  • International Seaways owns and operates a fleet of 78 vessels, including 13 VLCCs (including three newbuildings), 13 Suezmaxes, five Aframaxes/LR2s, eight LR1s and 39 MR tankers.
  • International Seaways has an experienced team committed to the very best operating practices and the highest levels of customer service and operational efficiency.
  • International Seaways is headquartered in New York City, NY.
  • Forward-looking statements are based on the Companys current plans, estimates and projections, and are subject to change based on a number of factors.

International Seaways Monetizes FSO Joint Venture With Sale to Euronav and Increases Quarterly Cash Dividend

Retrieved on: 
Tuesday, June 7, 2022

Net of adjustments for working capital and expenses, International Seaways received approximately $140 million in cash from the sale.

Key Points: 
  • Net of adjustments for working capital and expenses, International Seaways received approximately $140 million in cash from the sale.
  • The two FSO vessels have been serving the Al Shaheen field without interruption since 2010.
  • We thank Euronav for their partnership, and we are confident that they will continue to operate these vessels with the highest standards.
  • International Seaways has been a strong and reliable partner since 2008 and we are grateful for their support.

International Seaways Announces Refinancing and Closing of New Senior Secured Sustainability-Linked Credit Facility

Retrieved on: 
Wednesday, May 25, 2022

The proceeds from the Facility were used to repay three existing senior debt facilities aggregating $575 million at the time of closing.

Key Points: 
  • The proceeds from the Facility were used to repay three existing senior debt facilities aggregating $575 million at the time of closing.
  • Jeff Pribor, the Companys CFO, commented, We are pleased to close on this new facility, which delivers a number of financial benefits to INSW.
  • We are proud to partner with our top-tier banking group and wed like to thank them for their continued support.
  • International Seaways, Inc. (NYSE: INSW) is one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products in International Flag markets.

International Seaways Reiterates Commitment to Delivering Shareholder Value

Retrieved on: 
Wednesday, May 11, 2022

International Seaways is singularly focused on delivering value to our shareholders.

Key Points: 
  • International Seaways is singularly focused on delivering value to our shareholders.
  • International Seaways stock is up over 52% year-to-date (based on the April 27, 2022 closing price, the last trading day prior to Famatowns Schedule 13D filing).
  • International Seaways Board and management team have a history of active engagement with our shareholders, including with Seatankers.
  • International Seaways, Inc. (NYSE: INSW) is one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products in International Flag markets.

International Seaways Adopts Limited Duration Stockholder Rights Plan

Retrieved on: 
Monday, May 9, 2022

International Seaways, Inc. (NYSE: INSW) (the Company or INSW) one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products, announced today that its Board of Directors has unanimously adopted a limited duration stockholder rights plan (the Rights Plan).

Key Points: 
  • International Seaways, Inc. (NYSE: INSW) (the Company or INSW) one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products, announced today that its Board of Directors has unanimously adopted a limited duration stockholder rights plan (the Rights Plan).
  • The Rights Plan is intended to enable all Company stockholders to realize the long-term value of their investment in the Company.
  • The Rights Plan is not intended to interfere with any transaction that the Board of Directors determines to be in the best interests of stockholders, nor does the Rights Plan prevent the Board of Directors from considering any proposal.
  • The Companys Board of Directors may consider an earlier termination of the Rights Plan if market and other conditions warrant.