International Seaways Insider Sells $1.5 Million in Shares -- Signal or Noise?

A sale of this size from the company's chief accounting officer might raise some eyebrows -- but a little context helps put things in perspective.Business model centers on leasing vessels to independent and state-owned oil companies, oil traders, and refinery operators, with income derived from time charters and spot market contracts.Owns and operates a diversified fleet of oceangoing crude oil and petroleum product tankers, generating revenue through vessel charters and transportation services.Internationa ...