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International Tankers and Gas Energy

Russian sanctions ‘upside’ drives International Seaways to record quarter

Global tanker fleet faces negative global economic outlook amid shelter from positive demand drivers keeping spot rates high

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The owner and operator of a fleet of 90 crude and product tankers reported record profits of $113.4m for the three months ending September 30, and average spot rates between 47% and 63% higher so far this quarter

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    This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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