Famatown Finance Sells $107.3M Stake in International Seaways

Key Facts

1Famatown Finance Limited sold shares of International Seaways for a total value of $107.3 million.

Famatown Finance Limited sold shares of International Seaways for a total value of $107.3 million. Investing.com reported that the transaction represents a partial divestment or liquidity event by a major shareholder in the shipping company.

INSW closed at $113.11 on October 15, 2026, with the stock recording a session high of $118.5 and a low of $112.36. Large-scale secondary sales by major shareholders often put temporary downward pressure on the stock price due to increased market supply.