International Seaways
International Seaways, Inc., a prominent player in the maritime transportation industry, is headquartered in the United States. Founded in 2016, the company has rapidly established itself as a leader in the global shipping sector, specialising in the transportation of crude oil and petroleum products. With a diverse fleet operating primarily in key regions such as the Atlantic Basin and the Middle East, International Seaways offers a range of services that include tanker operations and marine logistics. The company is recognised for its commitment to safety and environmental sustainability, setting it apart in a competitive market. Notable achievements include a strong market position bolstered by strategic partnerships and a focus on innovative shipping solutions. International Seaways continues to navigate the complexities of the maritime industry, ensuring reliable and efficient service for its clients worldwide.
DitchCarbon Score
How does International Seaways's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Maritime Transport industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
International Seaways's score of 27 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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International Seaways's reported carbon emissions
In 2023, International Seaways reported total carbon emissions of approximately 1,906,017,000 kg CO2e, with Scope 1 emissions accounting for the entirety of this figure. The company has demonstrated a commitment to reducing its carbon footprint, aiming to achieve near-zero emissions for both Scope 1 and Scope 2 by 2025. This initiative aligns with the International Maritime Organization's (IMO) 2018 Greenhouse Gas Strategy, which targets a 50% reduction in total annual emissions from international shipping by 2050, based on 2008 levels. In 2022, International Seaways recorded total emissions of about 2,212,788,000 kg CO2e, with Scope 1 emissions at approximately 2,922,820 kg CO2e and Scope 2 emissions at 17,590 kg CO2e. The company has shown a progressive increase in emissions over the years, with 2021 emissions reaching about 2,217,788,000 kg CO2e, all attributed to Scope 1. The company's emissions data reflects its ongoing efforts to enhance operational efficiency and reduce environmental impact, with a focus on achieving significant reductions in the near term.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 1,053,451,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | - | - | 00,000 | 00,000 |
| Scope 3 | - | - | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
International Seaways is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
