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International Seaways, Inc., a prominent player in the sea and coastal water transportation services industry, is headquartered in the United States. Founded in 2016, the company has rapidly established itself as a leader in the transportation of crude oil and petroleum products, operating a diverse fleet of tankers across key global regions, including the Americas, Europe, and Asia.
With a commitment to safety and environmental sustainability, International Seaways offers unique services that cater to the evolving needs of the maritime sector. The company’s strategic focus on operational excellence and innovative solutions has positioned it favourably in the market, earning recognition for its reliability and efficiency. As a trusted partner in maritime logistics, International Seaways continues to set benchmarks in the industry, reflecting its dedication to quality and customer satisfaction.
+3 vs industry average
International Seaways’s score of 11 is lower than 49% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Maritime Transport is among the most carbon-intensive industries
The Maritime Transport industry has reduced its overall emissions by 28% since 2018
Scope 3 accounts for ••• of total emissions.
International Seaways, a US-based provider of sea and coastal water transportation services, reported total greenhouse gas emissions of approximately 2.44 billion kg CO2e for the 2024 reporting year. This figure comprises approximately 1.93 billion kg CO2e in Scope 1 emissions, about 46.06 million kg CO2e in Scope 2 emissions, and approximately 50.14 million kg CO2e in Scope 3 emissions. Scope 3 emissions were broken down into categories including approximately 33.14 million kg CO2e for purchased goods and services, about 8.88 million kg CO2e for business travel, and approximately 7.95 million kg CO2e for waste generated in operations.
In 2023, the company reported Scope 1 emissions of approximately 1.91 billion kg CO2e and Scope 2 emissions of about 37.04 million kg CO2e. For the 2022 reporting year, Scope 1 emissions were approximately 1.92 billion kg CO2e and Scope 2 emissions were around 17.59 million kg CO2e.
For the 2021 reporting year, International Seaways reported Scope 1 emissions of approximately 2.22 billion kg CO2e. In 2020, Scope 1 emissions were reported as approximately 1.05 billion kg CO2e. In 2019, Scope 1 emissions totalled around 1.19 billion kg CO2e.
International Seaways does not currently have specific reduction targets or commitments detailed in the provided information. The company does use the Fleet Energy Efficiency Operational Indicator (EEOI) to measure operational efficiency, with values such as 0.00895 tonne-nm in 2024 and 0.00926 tonne-nm in 2023.
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No climate goals have been disclosed for International Seaways yet.
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