X0306 4 2016-11-30 0 0001679049 International Seaways, Inc. INSW 0001614569 Oshodi Adewale C/O INTERNATIONAL SEAWAYS, INC. 600 THIRD AVENUE, 39TH FLOOR NEW YORK NY 10016 0 1 0 0 Controller Common Stock, no par value per share 2016-11-30 4 J 0 365 A 365 D Stock Option (Right to Buy) 2016-11-30 4 A 0 0 A Common Stock 0 D Restricted Stock Units 2016-11-30 4 A 0 0 A Common Stock 0 D The Reporting Person received these shares of Common Stock of International Seaways, Inc. ("INSW") as a result of the distribution on November 30, 2016 of 0.3333 shares of common stock of INSW for every one share of Class A Common Stock of Overseas Shipholding Group, Inc. ("OSG") held by the Reporting Person on November 18, 2016, the record date for the spin-off transaction. The Reporting Person will receive options and restricted stock units for common stock of INSW that is equivalent value as determined by the Compensation Committee of the Board of Directors of INSW pursuant to the terms of the Employee Matters Agreement for the Reporting Person's invested options and restricted stock units of Class A Common Stock of OSG. That calculation cannot be made until January 2017. /s/James D. Small III, Attorney-in-Fact, pursuant to a power of attorney previously filed 2016-12-02