Item 1.01 Entry Into a Material Definitive Agreement.

On December 30, 2021, International Seaways, Inc. (the "Company") and certain of its subsidiaries, including International Seaways Operating Corporation. (the "Borrower") entered into a technical amendment to a credit agreement dated as of January 23, 2020, as amended from time to time, initially comprising $390 million of secured debt facilities, with Nordea Bank Abp, New York Branch (as administrative agent, collateral agent and security trustee) and the other lenders thereunder. The amendment revised the allocation of and mechanics relating to mandatory prepayments made in connection with vessel sales and certain other events. The description of the amendment set forth in this Item 1.01 is qualified in its entirety by reference to the full text thereof, a copy of which is filed as an exhibit to this Current Report on Form 8-K and which is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.






(d) Exhibits

Pursuant to General Instruction B.2 of Form 8-K, the following exhibit is furnished with this Form 8-K.





Exhibit No.      Description

  10.1             Second Amendment to Credit Agreement dated as of January 23,
                 2020, as amended.

104              Cover Page Interactive Data File (embedded within the Inline
                 XBRL Document).

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