NEW YORK (AP) — NEW YORK (AP) — International Seaways, Inc. (INSW) on Thursday reported earnings of $127.5 million in its fourth quarter.

On a per-share basis, the New York-based company said it had profit of $2.56. Earnings, adjusted for non-recurring gains, were $2.45 per share.

The company posted revenue of $267.9 million in the period.

For the year, the company reported profit of $309.3 million, or $6.23 per share. Revenue was reported as $843.3 million.

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