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    <div style="text-align: center; font-weight: bold;">As filed with the Securities and Exchange Commission on May 18, 2020</div>
    <div style="text-align: right; margin-bottom: 10pt; font-weight: bold;">Registration No. <u>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</u></div>
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    <div style="text-align: center; font-size: 14pt; font-weight: bold;">UNITED STATES<br>
      SECURITIES AND EXCHANGE COMMISSION</div>
    <div style="text-align: center; font-weight: bold;">Washington, D.C. 20549</div>
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    <div style="text-align: center; font-size: 14pt; font-weight: bold;">FORM S&#8209;8<br>
      REGISTRATION STATEMENT</div>
    <div style="text-align: center; font-style: italic; font-weight: bold;">UNDER<br>
      THE SECURITIES ACT OF 1933</div>
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    <div style="text-align: center; font-size: 14pt; font-weight: bold;">INTERNATIONAL SEAWAYS, INC.</div>
    <div style="text-align: center; font-weight: bold;">(Exact Name of Registrant as Specified in Its Charter)</div>
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            <div style="text-align: center; font-weight: bold;">Marshall Islands</div>
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            <div style="text-align: center; font-weight: bold;">98&#8209;0467117</div>
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            <div style="text-align: center; font-weight: bold;">(State or Other Jurisdiction of<br>
              Incorporation or Organization)</div>
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          <td style="width: 50%; vertical-align: bottom;">
            <div style="text-align: center; font-weight: bold;">(I.R.S. Employer<br>
              Identification No.)</div>
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    <div style="text-align: center; margin-bottom: 10pt; font-weight: bold;">600 Third Avenue, 39<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">th</sup> Floor<br>
      New York, New York 10016<br>
      (Address, Including Zip Code, of Principal Executive Offices)</div>
    <div style="text-align: center; text-indent: -45pt; margin-left: 45pt; font-weight: bold;">International Seaways, Inc. Management Incentive Compensation Plan</div>
    <div style="text-align: center; text-indent: -45pt; margin-left: 45pt; font-weight: bold;">International Seaways, Inc. Non-Employee Director Incentive Compensation Plan</div>
    <div style="text-align: center; font-size: 8pt; font-weight: bold;">&#160;(Full Title of the Plan)</div>
    <div><br>
    </div>
    <div style="text-align: center; margin-bottom: 10pt; font-size: 8pt; font-weight: bold;"><font style="font-size: 10pt;">James D. Small III, Esq.</font><br>
      <font style="font-size: 10pt;">Chief Administrative Officer, Senior Vice President, Secretary and General Counsel</font><br>
      <font style="font-size: 10pt;">International Seaways, Inc.</font><br>
      <font style="font-size: 10pt;">600 Third Avenue, 39</font><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">th</sup><font style="font-size: 10pt;">&#160;Floor</font><br>
      <font style="font-size: 10pt;">New York, New York 10016</font><br>
      <font style="font-size: 10pt;">(212) 578-1600</font><br>
      (Name, Address and Telephone Number, Including Area Code, of Agent for Service)</div>
    <div style="text-align: center; margin-bottom: 10pt; font-style: italic; font-weight: bold;">COPY TO:</div>
    <div style="text-align: center; font-weight: bold;">Jeffrey D. Karpf, Esq.<br>
      Cleary Gottlieb Steen &amp; Hamilton LLP<br>
      One Liberty Plaza<br>
      New York, New York 10006</div>
    <div style="text-align: center; font-weight: bold;">(212) 225-2000</div>
    <div><br>
    </div>
    <div style="margin-bottom: 5pt;">Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company or emerging growth company. See definitions of &#8220;large accelerated
      filer,&#8221; &#8220;accelerated filer,&#8221; &#8220;smaller reporting company&#8221; and &#8220;emerging growth company&#8221; in Rule&#160;12b&#8209;2 of the Exchange Act.</div>
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      <table cellspacing="0" cellpadding="0" id="z1bb750ed0bd24b099b3a86e486110094" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

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            <td style="width: 24.22%; vertical-align: middle;">
              <div>Large accelerated filer&#160; <font style="font-size: 14pt;">&#9633;</font></div>
            </td>
            <td style="width: 23.48%; vertical-align: top;">
              <div style="text-align: center;">Accelerated filer&#160; &#8999;</div>
            </td>
            <td style="width: 28.7%; vertical-align: top;">
              <div style="text-align: center;">Non-accelerated filer&#160; <font style="font-size: 14pt;">&#9633;</font></div>
            </td>
            <td style="width: 23.6%; vertical-align: top;">
              <div style="text-align: center;">Smaller reporting company&#160; <font style="font-size: 14pt;">&#9633;</font></div>
            </td>
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            <td style="width: 24.22%; vertical-align: top;">
              <div>Emerging growth company&#160; &#8999;</div>
            </td>
            <td style="width: 23.48%; vertical-align: top;">&#160;</td>
            <td style="width: 28.7%; vertical-align: top;">&#160;</td>
            <td style="width: 23.6%; vertical-align: top;">&#160;</td>
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    </div>
    <br>
    <div style="margin-bottom: 5pt;">If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to
      Section&#160;13(a)&#160;of the Exchange Act. &#8999;</div>
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    <div style="text-align: center; margin-bottom: 10pt; font-weight: bold;">CALCULATION OF REGISTRATION FEE</div>
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          <td style="width: 33.11%; vertical-align: bottom; border-bottom: #000000 2px solid;">
            <div style="text-align: center; font-weight: bold;">Title of Securities<br>
              To Be Registered</div>
          </td>
          <td style="width: 16.73%; vertical-align: bottom; border-bottom: #000000 2px solid;">
            <div style="text-align: center;"><font style="font-weight: bold;">Amount</font><br>
              <font style="font-weight: bold;">To&#160;Be</font><br>
              <font style="font-weight: bold;">Registered </font><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup></div>
          </td>
          <td style="width: 16.72%; vertical-align: bottom; border-bottom: #000000 2px solid;">
            <div style="text-align: center; font-weight: bold;">Proposed<br>
              Maximum<br>
              Offering&#160;Price<br>
              Per Share</div>
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          <td style="width: 18.16%; vertical-align: bottom; border-bottom: #000000 2px solid;">
            <div style="text-align: center; font-weight: bold;">Proposed<br>
              Maximum<br>
              Aggregate<br>
              Offering&#160;Price</div>
          </td>
          <td style="width: 15.28%; vertical-align: bottom; border-bottom: #000000 2px solid;">
            <div style="text-align: center; font-weight: bold;">Amount&#160;Of<br>
              Registration Fee</div>
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          <td style="width: 33.11%; vertical-align: bottom; border-bottom: #000000 2px solid;">
            <div style="text-indent: -9pt; margin-left: 9pt;">Common Stock, no par value</div>
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          <td style="width: 16.73%; vertical-align: bottom; border-bottom: #000000 2px solid;">
            <div style="text-align: center;">1,860,779<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;"> (2)</sup></div>
          </td>
          <td style="width: 16.72%; vertical-align: bottom; border-bottom: #000000 2px solid;">
            <div style="text-align: center;">$20.825 <sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(3)</sup></div>
          </td>
          <td style="width: 18.16%; vertical-align: bottom; border-bottom: #000000 2px solid;">
            <div style="text-align: center;">$38,750,723</div>
          </td>
          <td style="width: 15.28%; vertical-align: bottom; border-bottom: #000000 2px solid;">
            <div style="text-align: center;">$5,030</div>
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        <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" class="DSPFListTable" id="z15a1eaaeb844425a8e00cef5efea6ab2">

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              <td style="width: 36pt; vertical-align: top; align: right;"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(1)</sup></td>
              <td style="width: auto; vertical-align: top;">
                <div>Represents shares of common stock, no par value (the &#8220;<font style="font-weight: bold; font-style: italic;">Common Stock</font>&#8221;) of International Seaways, Inc. (the &#8220;<font style="font-weight: bold; font-style: italic;">Registrant</font>&#8221;)


                  issuable in connection with equity awards under the International Seaways, Inc. 2020 Management Incentive Compensation Plan (the &#8220;<font style="font-weight: bold; font-style: italic;">2020 Management Plan</font>&#8221;), of which 1,400,000 are
                  newly approved shares of common stock and 5 are shares of common stock previously approved by shareholders that had been available under the International Seaways, Inc. Management Incentive Compensation Plan effective as of November 18,
                  2016 (the &#8220;<font style="font-weight: bold; font-style: italic;">Prior Management Plan</font>&#8221;), and the International Seaways, Inc. 2020 Non-Employee Director Incentive Compensation Plan (the &#8220;<font style="font-weight: bold; font-style: italic;">2020 Director Plan</font>&#8221; and, together with the 2020 Management Plan, the &#8220;<font style="font-weight: bold; font-style: italic;">Plans</font>&#8221;), of which 400,000 are newly approved shares of common stock and 60,774 are shares
                  of common stock previously approved by shareholders that had been available under the International Seaways, Inc. Non-Employee Director Incentive Compensation Plan effective as of November 18, 2016 (the &#8220;<font style="font-weight: bold; font-style: italic;">Prior Director Plan</font>&#8221; and together with the Prior Management Plan, the &#8220;<font style="font-weight: bold; font-style: italic;">Prior Plans</font>&#8221;).&#160;Pursuant to Rule 416(a) of the Securities Act of 1933, as
                  amended (the &#8220;<font style="font-weight: bold; font-style: italic;">Securities Act</font>&#8221;), this Registration Statement shall also cover any additional shares of Common Stock&#160;that become issuable under the applicable plan by reason of any
                  stock dividend, stock split, recapitalization or other similar transaction affected without the receipt of consideration that increases the number of the Registrant&#8217;s outstanding shares of Common Stock.</div>
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        <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" class="DSPFListTable" id="z98d7693ca14446b8b177e30278e9c88d">

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              <td style="width: 36pt; vertical-align: top; align: right;"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(2)</sup></td>
              <td style="width: auto; vertical-align: top;">
                <div>As described in the Explanatory Note on page 2 of this Registration Statement, the number of shares of Common Stock registered under the Plans consists of 1,800,000 shares being registered for the first time and 60,779 shares that were
                  previously registered on a Form S-8 for grants under the Prior Plans.</div>
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        <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" class="DSPFListTable" id="zeb9081d5e35a41f9bc9619eaa44aac3e">

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              <td style="width: 36pt; vertical-align: top; align: right;"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">(3)</sup></td>
              <td style="width: auto; vertical-align: top;">
                <div>Estimated solely for the purposes of calculating the registration fee pursuant to Rule 457(c) under the Securities Act, based on the average of the high and low prices of the Common Stock of the Registrant as reported on the New York
                  Stock Exchange on May 15, 2020.</div>
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        </table>
      </div>
    </div>
    <div style="margin-bottom: 10pt;">The Exhibit Index for this Registration Statement is at page 8.</div>
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      </div>
      <div><br>
      </div>
    </div>
    <div><br>
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    <div style="text-align: center; margin-bottom: 10pt; font-weight: bold;">EXPLANATORY NOTE</div>
    <div style="text-indent: 36pt; margin-bottom: 10pt;">This Registration Statement on Form S-8 is being filed for the purpose of registering 1,860,779 shares of Common Stock of the Registrant which may be issued under the Plans. The Registrant adopted
      the Plans on April 2, 2020, subject to ratification by the Company&#8217;s stockholders within 12 months thereafter. Of such shares of Common Stock under the Plans, 1,400,005 are for grants under the 2020 Management Plan and 460,774 are for grants under
      the 2020 Director Plan.</div>
    <div style="text-align: center; margin-bottom: 10pt; font-weight: bold;">PART I</div>
    <div style="text-align: center; margin-bottom: 10pt;">INFORMATION REQUIRED IN THE<br>
      SECTION 10(a) PROSPECTUS</div>
    <div style="text-indent: 36pt; margin-bottom: 10pt;">The information specified in Items 1 and 2 of Part I of the Form S-8 is omitted from this filing in accordance with the provisions of Rule 428 under the Securities Act and the introductory note to
      Part I of the Form S-8. The document(s) containing the information specified in Part I of Form S-8 will be sent or given to the recipients of the applicable grants, as required by Rule 428 under the Securities Act. Such documents are not being filed
      with the Securities and Exchange Commission (the &#8220;<font style="font-weight: bold; font-style: italic;">Commission</font>&#8221;) either as part of this Registration Statement or as prospectuses or prospectus supplements pursuant to Rule 424. These
      documents and the documents incorporated by reference in this Registration Statement pursuant to Item 3 of Part II hereof, taken together, constitute a prospectus that meets the requirements of Section 10(a) of the Securities Act.</div>
    <div style="text-align: center; margin-bottom: 10pt; font-weight: bold;">PART II</div>
    <div style="text-align: center; margin-bottom: 10pt;">INFORMATION REQUIRED IN THE<br>
      REGISTRATION STATEMENT</div>
    <div style="margin-bottom: 10pt;"><font style="font-weight: bold;">Item&#160;3.</font>&#160; <font style="font-weight: bold;">Incorporation of Certain Documents by Reference</font></div>
    <div style="text-indent: 36pt; margin-bottom: 10pt;">The following documents of the Registrant (Commission File No.&#160;001&#8209;37836) filed with the Commission are incorporated herein by reference:</div>
    <div style="margin-bottom: 10pt;">
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              <td style="width: 54pt; vertical-align: top; align: right;">(a)</td>
              <td style="width: auto; vertical-align: top;">
                <div>The Registrant&#8217;s Annual Report on Form 10-K, filed with the Commission on March 3, 2020;</div>
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        <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" class="DSPFListTable" id="ze335b82c0231421e92e73c83588ab282">

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              <td style="width: 54pt; vertical-align: top; align: right;">(b)</td>
              <td style="width: auto; vertical-align: top;">
                <div>The Registrant&#8217;s Quarterly Report on Form 10-Q, filed with the Commission on May 7, 2020;</div>
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      </div>
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              <td style="width: 54pt; vertical-align: top; align: right;">(c)</td>
              <td style="width: auto; vertical-align: top;">
                <div>The Registrant&#8217;s definitive proxy statement on Schedule 14A filed with the Commission on April 29, 2020, to the extent incorporated by reference in our Annual Report on Form 10-K for the fiscal year ended December 31, 2020;</div>
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              <td style="width: 54pt; vertical-align: top; align: right;">(d)</td>
              <td style="width: auto; vertical-align: top;">
                <div>The Registrant&#8217;s Current Reports on Form 8&#8209;K, filed with the Commission on January 6, 2020, January 28, 2020, March 3, 2020, April 8, 2020 and May 1, 2020 (other than the documents, or portions thereof, deemed to be furnished and not
                  filed); and</div>
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      </div>
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              <td style="width: 54pt; vertical-align: top; align: right;">(e)</td>
              <td style="width: auto; vertical-align: top;">
                <div>The description of the Common Stock of the Registrant contained in the Registrant&#8217;s Annual Report on Form 10 as filed with the Commission pursuant to the Exchange Act on July 15, 2016, including any amendment or report filed for the
                  purpose of updating such description.</div>
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      </div>
    </div>
    <div style="text-indent: 36pt; margin-bottom: 10pt;">All other reports and other documents filed (but not furnished) by the Registrant since the end of the fiscal year covered by the Annual Report pursuant to Sections 13(a), 13(c), 14 and 15(d) of the
      Securities Exchange Act of 1934 (the &#8220;<font style="font-weight: bold; font-style: italic;">Exchange Act</font>&#8221;) prior to the filing of a post-effective amendment which indicates that all securities offered have been sold or which deregisters all
      securities then remaining unsold, shall be deemed to be incorporated by reference herein and to be a part of this Registration Statement from the date of the filing of such reports and documents.</div>
    <div style="text-indent: 36pt; margin-bottom: 10pt;">For purposes of this Registration Statement, any document or any statement contained in a document incorporated or deemed to be incorporated herein by reference shall be deemed to be modified or
      superseded to the extent that a subsequently filed document or a statement contained herein or in any other subsequently filed document which also is or is deemed to be incorporated herein by reference modifies or supersedes such document or such
      statement in such document. Any statement so modified or superseded shall not be deemed, except as so modified or superseded, to constitute a part of this Registration Statement.</div>
    <div style="margin-bottom: 10pt;"><font style="font-weight: bold;">Item&#160;4.</font>&#160; <font style="font-weight: bold;">Description of Securities</font></div>
    <div style="text-indent: 36pt; margin-bottom: 10pt;">Not applicable.</div>
    <div style="margin-bottom: 10pt;"><font style="font-weight: bold;">Item&#160;5.</font>&#160; <font style="font-weight: bold;">Interests of Named Experts and Counsel</font></div>
    <div style="text-indent: 36pt; margin-bottom: 10pt;">Not applicable.</div>
    <div style="margin-bottom: 10pt;"><font style="font-weight: bold;">Item&#160;6.</font>&#160; <font style="font-weight: bold;">Indemnification of Directors and Officers</font></div>
    <div style="text-indent: 36pt;">Under the Republic of the Marshall Islands (&#8220;<font style="font-weight: bold; font-style: italic;">RMI</font>&#8221;) Business Corporations Act (the &#8220;<font style="font-weight: bold; font-style: italic;">BCA</font>&#8221;), a Marshall
      Islands corporation shall have the power to indemnify any person who was or is a party or is threatened to be made a party to or a witness in or is otherwise involved in any threatened, pending or completed action, suit, claim, inquiry or proceeding
      whether civil, criminal, administrative or investigative (including an action by or in the right of the corporation) and whether formal or informal, by reason of the fact that he or she, or a person for whom he or she is the legal representative, is
      or was a director or officer of the corporation, or, while a director or officer of the corporation, is or was serving at the request of the corporation as a director, officer, employee, trustee or agent of another corporation, partnership, joint
      venture, trust, nonprofit or other entity, including service with respect to employee benefit plans, against all liability and loss suffered, and expenses (including attorneys&#8217; fees) actually and reasonably incurred by him or her in connection with
      such action, suit or proceeding. The corporation shall be required to indemnify or advance expenses to such a person&#160; in connection with a proceeding commenced by the person against the corporation only if the commencement of such proceeding was
      authorized in the specific case by the Board of Directors or was brought to establish or enforce a right to indemnification under the bylaws, the corporations articles of incorporation, any agreement, the laws of the RMI or otherwise.</div>
    <div><br>
    </div>
    <div style="text-indent: 36pt;">To the extent that a director or officer of a Marshall Islands corporation has been successful on the merits or otherwise in defense of any action, suit or proceeding referred to in the preceding paragraphs, or in the
      defense of a claim, issue or matter therein, he or she shall be indemnified against expenses (including attorneys&#8217; fees) actually and reasonably incurred by him or her in connection therewith. Expenses incurred in defending a civil or criminal
      action, suit or proceeding may be paid in advance of the final disposition of such action, suit or proceeding as authorized by the board of directors in the specific case upon receipt of an undertaking by or on behalf of the director or officer to
      repay such amount unless it shall ultimately be determined that he or she is entitled to be indemnified by the corporation as authorized in the BCA.</div>
    <div><br>
    </div>
    <div style="text-indent: 36pt;">In addition, a Marshall Islands corporation has the power to purchase and maintain insurance on behalf of any person who is or was a director or officer of the corporation or is or was serving at the request of the
      corporation as a director or officer against any liability asserted against him or her and incurred by him or her in such capacity whether or not the corporation would have the power to indemnify him or her against such liability under the provisions
      of the BCA. The indemnification provisions of the BCA are not exclusive of any other rights under any bylaw, agreement, vote of stockholders or disinterested directors or otherwise.</div>
    <div><br>
    </div>
    <div style="text-indent: 36pt;">The Registrant&#8217;s Amended and Restated Articles of Incorporation limits the liability of its directors to the fullest extent permitted by the BCA and requires that the Registrant will provide them with customary
      indemnification.</div>
    <div><br>
    </div>
    <div style="margin-bottom: 10pt;"><font style="font-weight: bold;">Item&#160;7.</font>&#160; <font style="font-weight: bold;">Exemption from Registration Claimed</font></div>
    <div style="text-indent: 36pt; margin-bottom: 10pt;">Not applicable.</div>
    <div style="margin-bottom: 10pt;"><font style="font-weight: bold;">Item&#160;8.</font>&#160; <font style="font-weight: bold;">Exhibits</font></div>
    <div style="text-indent: 36pt; margin-bottom: 10pt;">See the attached Exhibit Index at page 8, which is incorporated herein by reference.</div>
    <div style="margin-bottom: 10pt;"><font style="font-weight: bold;">Item&#160;9.</font>&#160; <font style="font-weight: bold;">Undertakings</font></div>
    <div style="text-indent: 36pt; margin-bottom: 10pt;">(a)&#160; The undersigned Registrant hereby undertakes:</div>
    <div style="text-indent: 36pt; margin-left: 36pt; margin-bottom: 10pt;">(1)&#160; To file, during any period in which offers or sales are being made, a post&#8209;effective amendment to this Registration Statement:</div>
    <div style="margin-left: 108pt; margin-bottom: 10pt;">(i)<font class="HorizontalTab" style="width: 9pt; font-size: 1px; display: inline-block;"> </font>To include any prospectus required by Section&#160;10(a)(3) of the Securities Act;</div>
    <div style="margin-left: 108pt; margin-bottom: 10pt;">(ii)<font class="HorizontalTab" style="width: 9pt; font-size: 1px; display: inline-block;"> </font>To reflect in the prospectus any facts or events arising after the effective date of this
      Registration Statement (or the most recent post&#8209;effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in this Registration Statement; and</div>
    <div style="margin-left: 108pt; margin-bottom: 10pt;">(iii)<font style="width: 9pt; font-size: 1px; display: inline-block;" class="HorizontalTab"> </font>To include any material information with respect to the plan of distribution not previously
      disclosed in this Registration Statement or any material change to such information in this Registration Statement;</div>
    <div style="margin-left: 36pt; margin-bottom: 10pt;"><font style="font-style: italic;">provided, however,</font> that paragraphs (a)(1)(i) and (a)(1)(ii) do not apply if the information required to be included in a post&#8209;effective amendment by those
      paragraphs is contained in reports filed with or furnished to the Commission by the Registrant pursuant to Section&#160;13 or 15(d) of the Exchange Act that are incorporated by reference in this Registration Statement.</div>
    <div style="text-indent: 36pt; margin-left: 36pt; margin-bottom: 10pt;">(2) That, for the purpose of determining any liability under the Securities Act, each such post&#8209;effective amendment shall be deemed to be a new registration statement relating to
      the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial <font style="font-style: italic;">bona fide</font> offering thereof.</div>
    <div style="text-indent: 36pt; margin-left: 36pt; margin-bottom: 10pt;">(3) To remove from registration by means of a post&#8209;effective amendment any of the securities being registered which remain unsold at the termination of the offering.</div>
    <div style="text-indent: 36pt; margin-bottom: 10pt;">(b) The undersigned Registrant hereby undertakes that, for purposes of determining any liability under the Securities Act, each filing of the Registrant&#8217;s annual report pursuant to Section&#160;13(a) or
      15(d) of the Exchange Act (and, where applicable, each filing of an employee benefit plan&#8217;s annual report pursuant to Section&#160;15(d) of the Exchange Act) that is incorporated by reference in this Registration Statement shall be deemed to be a new
      registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial <font style="font-style: italic;">bona fide</font> offering thereof.</div>
    <div style="text-indent: 36pt; margin-bottom: 10pt;">(h) Insofar as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers and controlling persons of the Registrant pursuant to the provisions described
      in Item&#160;6 above, or otherwise, the Registrant has been advised that in the opinion of the Commission such indemnification is against public policy as expressed in the Securities Act and is, therefore, unenforceable.&#160; In the event that a claim for
      indemnification against such liabilities (other than the payment by the Registrant of expenses incurred or paid by a director, officer or controlling person of the Registrant in the successful defense of any action, suit or proceeding) is asserted by
      such director, officer or controlling person in connection with the securities being registered, the Registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate
      jurisdiction the question whether such indemnification by it is against public policy as expressed in the Securities Act and will be governed by the final adjudication of such issue.</div>
    <div><br>
    </div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
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    <div style="text-align: center; margin-bottom: 10pt; font-weight: bold;">SIGNATURES</div>
    <div style="text-indent: 36pt; margin-bottom: 10pt;">Pursuant to the requirements of the Securities Act of 1933, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has
      duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of New York, State of New York, on this 18th day of May, 2020.</div>
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        <tr>
          <td style="width: 51.96%; vertical-align: top;">&#160;</td>
          <td style="width: 5.76%; vertical-align: bottom;">&#160;</td>
          <td style="width: 42.28%; vertical-align: bottom;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 51.96%; vertical-align: top;">&#160;</td>
          <td colspan="2" style="width: 48.04%; vertical-align: bottom;">
            <div>INTERNATIONAL SEAWAYS, INC.</div>
          </td>
        </tr>
        <tr>
          <td style="width: 51.96%; vertical-align: top;">&#160;</td>
          <td style="width: 5.76%; vertical-align: bottom;">&#160;</td>
          <td style="width: 42.28%; vertical-align: bottom;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 51.96%; vertical-align: top;">&#160;</td>
          <td style="width: 5.76%; vertical-align: bottom;">
            <div>By:</div>
          </td>
          <td style="width: 42.28%; vertical-align: bottom; border-bottom: 2px solid #000000;">
            <div>
              <div>/s/ James D. Small III</div>
            </div>
          </td>
        </tr>
        <tr>
          <td style="width: 51.96%; vertical-align: top;">&#160;</td>
          <td style="width: 5.76%; vertical-align: bottom;">&#160;</td>
          <td style="width: 42.28%; vertical-align: bottom;">
            <div>Name: James D. Small III</div>
          </td>
        </tr>
        <tr>
          <td style="width: 51.96%; vertical-align: top;">&#160;</td>
          <td style="width: 5.76%; vertical-align: bottom;">&#160;</td>
          <td style="width: 42.28%; vertical-align: bottom;">
            <div>Title: Chief Administrative Officer, Senior Vice President, Secretary and General Counsel</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <div><br>
    </div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
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    <div style="text-align: center; margin-bottom: 10pt; font-weight: bold;">POWER OF ATTORNEY</div>
    <div style="text-indent: 36pt; margin-bottom: 10pt;">KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below hereby constitutes and appoints each of Lois K. Zabrocky and James D. Small III, and each of them acting
      individually, as his or her true and lawful attorney-in-fact, each with full power of substitution and resubstitution, for him or her and in his or her name, place and stead, in any and all capacities (unless revoked in writing), to sign any and all
      amendments (including post-effective amendments thereto) to this registration statement on Form S-8, and to file the same, with exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting to
      such attorney-in-fact and agents full power and authority to do and perform each and every act and thing requisite and necessary to be done in connection therewith, as full to all intents and purposes as he or she might or could do in person, hereby
      ratifying and confirming all that such attorney-in-fact and agents, or their or his or her substitute or substitutes, may lawfully do or cause to be done by virtue hereof..</div>
    <div style="text-indent: 36pt; margin-bottom: 10pt;">Pursuant to the requirements of the Securities Act of 1933, this registration statement has been signed below by the following persons in the capacities and on the dates indicated.</div>
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        <tr>
          <td style="width: 31.88%; vertical-align: bottom; border-bottom: 2px solid #000000;">
            <div>
              <div style="text-align: center;">Signature</div>
            </div>
          </td>
          <td style="width: 45.88%; vertical-align: bottom; border-bottom: 2px solid #000000;">
            <div>
              <div style="text-align: center;">Title</div>
            </div>
          </td>
          <td style="width: 22.12%; vertical-align: bottom; border-bottom: 2px solid #000000;">
            <div>
              <div style="text-align: center;">Date</div>
            </div>
          </td>
          <td style="width: 0.12%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 31.88%; vertical-align: top;">
            <div>&#160;</div>
            <div>&#160;</div>
            <div><u>/s/ Lois K. Zabrocky</u><u><u>&#160;&#160;&#160;&#160;&#160;&#160;</u></u><u><u><u>&#160;&#160;</u></u><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 12pt" id="TRGRRTFtoHTMLTab">&#160;&#160;&#160; </font></u></div>
            <div>Lois K. Zabrocky</div>
          </td>
          <td style="width: 45.88%; vertical-align: middle;">
            <div>&#160;</div>
            <div style="text-align: center;"><br>
              Director, President and Chief Executive Officer<br>
              (Principal Executive Officer)</div>
            <div>&#160;</div>
          </td>
          <td style="width: 22.12%; vertical-align: middle;">
            <div>&#160;</div>
            <div style="text-align: center;"><br>
              May 18, 2020</div>
            <div>&#160;</div>
          </td>
          <td style="width: 0.12%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 31.88%; vertical-align: top;">
            <div>&#160;</div>
            <div><u>/s/ Jeffrey Pribor</u><u>&#160;</u><u><u>&#160;&#160;&#160;&#160;</u></u><u><u><u>&#160;&#160;&#160;&#160;&#160;&#160;</u></u>&#160;&#160;&#160; </u></div>
            <div>Jeffrey Pribor</div>
          </td>
          <td style="width: 45.88%; vertical-align: middle;">
            <div style="text-align: center;">Chief Financial Officer<br>
              (Principal Financial and Accounting Officer)</div>
          </td>
          <td style="width: 22.12%; vertical-align: middle;">
            <div style="text-align: center;">May 18, 2020</div>
          </td>
          <td style="width: 0.12%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 31.88%; vertical-align: top;">
            <div>&#160;</div>
            <div><u>/s/ Douglas D. Wheat</u><u>&#160;&#160;&#160;&#160;&#160;&#160; <br>
              </u></div>
            <div>Douglas D. Wheat</div>
          </td>
          <td style="width: 45.88%; vertical-align: middle;">
            <div style="text-align: center;">Chairman of the Board</div>
          </td>
          <td style="width: 22.12%; vertical-align: middle;">
            <div style="text-align: center;">May 18, 2020</div>
          </td>
          <td style="width: 0.12%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 31.88%; vertical-align: top;">
            <div>&#160;</div>
            <div><u>/s/ Timothy J. Bernlohr</u><u>&#160;&#160;&#160;&#160; <br>
              </u></div>
            <div>Timothy J. Bernlohr</div>
          </td>
          <td style="width: 45.88%; vertical-align: middle;">
            <div style="text-align: center;">Director</div>
          </td>
          <td style="width: 22.12%; vertical-align: middle;">
            <div style="text-align: center;">May 18, 2020</div>
          </td>
          <td style="width: 0.12%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 31.88%; vertical-align: top;">
            <div>&#160;</div>
            <div><u>/s/ Ian T. Blackley</u><u><u>&#160;&#160;&#160;&#160;&#160;&#160;</u></u><u><u><u>&#160;&#160;&#160;&#160;&#160;&#160;</u></u><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 12pt" id="TRGRRTFtoHTMLTab"> </font></u></div>
            <div>Ian T. Blackley</div>
          </td>
          <td style="width: 45.88%; vertical-align: middle;">
            <div style="text-align: center;">Director</div>
          </td>
          <td style="width: 22.12%; vertical-align: middle;">
            <div style="text-align: center;">May 18, 2020</div>
          </td>
          <td style="width: 0.12%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 31.88%; vertical-align: top;">
            <div>&#160;</div>
            <div><u>/s/ Randee E. Day</u><u>&#160;&#160;&#160;&#160;</u><u><u>&#160;&#160;&#160;&#160;&#160;&#160;</u></u><u><u><u>&#160;&#160;</u></u>&#160; </u></div>
            <div>Randee E. Day</div>
          </td>
          <td style="width: 45.88%; vertical-align: middle;">
            <div style="text-align: center;">Director</div>
          </td>
          <td colspan="2" style="width: 22.24%; vertical-align: middle;">
            <div style="text-align: center;">May 18, 2020</div>
          </td>
        </tr>
        <tr>
          <td style="width: 31.88%; vertical-align: top;">
            <div>&#160;</div>
            <div><u>/s/ David Greenberg</u><u><u>&#160;&#160;&#160;&#160;&#160;&#160;</u></u><u><u><u>&#160;&#160;&#160;</u></u><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 12pt" id="TRGRRTFtoHTMLTab"> </font></u></div>
            <div>David Greenberg</div>
          </td>
          <td style="width: 45.88%; vertical-align: middle;">
            <div style="text-align: center;">Director</div>
          </td>
          <td colspan="2" style="width: 22.24%; vertical-align: middle;">
            <div style="text-align: center;">May 18, 2020</div>
          </td>
        </tr>
        <tr>
          <td style="width: 31.88%; vertical-align: top;">
            <div>&#160;</div>
            <div><u>/s/ Joseph I. Kronsberg<u>&#160;&#160;</u></u><u><u><u>&#160;&#160;&#160;</u></u></u><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 12pt" id="TRGRRTFtoHTMLTab"> <br>
              </font></div>
            <div>Joseph I. Kronsberg</div>
          </td>
          <td style="width: 45.88%; vertical-align: middle;">
            <div style="text-align: center;">Director</div>
          </td>
          <td colspan="2" style="width: 22.24%; vertical-align: middle;">
            <div style="text-align: center;">May 18, 2020</div>
          </td>
        </tr>
        <tr>
          <td style="width: 31.88%; vertical-align: top;">
            <div>&#160;</div>
            <div>/<u>s/ Ty E. Wallach</u><u><u>&#160;&#160;</u></u><u><u><u><u>&#160;&#160;&#160;&#160;&#160;&#160;</u></u><u><u><u>&#160;</u></u></u>&#160;&#160;&#160;&#160;</u></u><u><u><u>&#160;&#160; </u></u></u></div>
            <div>Ty E. Wallach</div>
          </td>
          <td style="width: 45.88%; vertical-align: middle;">
            <div style="text-align: center;">Director</div>
          </td>
          <td style="width: 22.12%; vertical-align: middle;">
            <div style="text-align: center;">&#160;May 18, 2020</div>
          </td>
          <td style="width: 0.12%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 31.88%; vertical-align: top;">
            <div>&#160;</div>
            <div><u>/s/ Gregory A. Wright</u><u><u>&#160;&#160;&#160;&#160;&#160;&#160;</u></u><u><u><u>&#160;</u></u></u><u><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 12pt" id="TRGRRTFtoHTMLTab"><u><font style="font-size: 10pt;"><u><u></u></u></font></u> </font></u></div>
            <div>Gregory A. Wright</div>
          </td>
          <td style="width: 45.88%; vertical-align: middle;">
            <div style="text-align: center;">Director</div>
          </td>
          <td colspan="2" style="width: 22.24%; vertical-align: middle;">
            <div style="text-align: center;">May 18, 2020</div>
          </td>
        </tr>

    </table>
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    <div style="text-align: center; margin-bottom: 10pt; font-weight: bold;">EXHIBIT INDEX</div>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" id="z9035f9eb10814c6a90f790f8b22ba730">

        <tr>
          <td style="width: 9.66%; vertical-align: bottom; border-bottom: 2px solid #000000;">
            <div>
              <div>Exhibit<br>
                Number</div>
            </div>
          </td>
          <td style="width: 90.34%; vertical-align: bottom; border-bottom: 2px solid #000000;">
            <div>
              <div style="text-align: center;">Description of Exhibit</div>
            </div>
          </td>
        </tr>
        <tr>
          <td style="width: 9.66%; vertical-align: top;">
            <div>4.1</div>
          </td>
          <td style="width: 90.34%; vertical-align: bottom;">
            <div>International Seaways, Inc. 2020 Management Incentive Compensation Plan (filed as Exhibit 10.1 to the Registrant&#8217;s Current Report on Form 8-K filed on April 8, 2020).</div>
          </td>
        </tr>
        <tr>
          <td style="width: 9.66%; vertical-align: top;">
            <div>4.2</div>
          </td>
          <td style="width: 90.34%; vertical-align: bottom;">
            <div>International Seaways, Inc. 2020 Non-Employee Director Incentive Compensation Plan (filed as Exhibit 10.2 to the Registrant&#8217;s Current Report on Form 8-K filed on April 8, 2020).</div>
          </td>
        </tr>
        <tr>
          <td style="width: 9.66%; vertical-align: top;">
            <div>5.1</div>
          </td>
          <td style="width: 90.34%; vertical-align: bottom;">
            <div>Opinion of Reeder &amp; Simpson P.C.</div>
          </td>
        </tr>
        <tr>
          <td style="width: 9.66%; vertical-align: top;">
            <div>23.1</div>
          </td>
          <td style="width: 90.34%; vertical-align: bottom;">
            <div>Consent of Ernst &amp; Young LLP, Independent Registered Public Accounting Firm.</div>
          </td>
        </tr>
        <tr>
          <td style="width: 9.66%; vertical-align: top;">
            <div>23.2</div>
          </td>
          <td style="width: 90.34%; vertical-align: bottom;">
            <div>Consent of Reeder &amp; Simpson P.C. (included in Exhibit 5.1).</div>
          </td>
        </tr>
        <tr>
          <td style="width: 9.66%; vertical-align: top;">
            <div>24</div>
          </td>
          <td style="width: 90.34%; vertical-align: bottom;">
            <div>Power of Attorney (filed as part of signature page).</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
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As filed with the Securities and Exchange Commission on May 18, 2020
Registration No.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM S‑8
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
INTERNATIONAL SEAWAYS, INC.
(Exact Name of Registrant as Specified in Its Charter)
Marshall Islands
98‑0467117
(State or Other Jurisdiction of
Incorporation or Organization)
(I.R.S. Employer
Identification No.)
600 Third Avenue, 39
th
Floor
New York, New York 10016
(Address, Including Zip Code, of Principal Executive Offices)
International Seaways, Inc. Management Incentive Compensation Plan
International Seaways, Inc. Non-Employee Director Incentive Compensation Plan
(Full Title of the Plan)
James D. Small III, Esq.
Chief Administrative Officer, Senior Vice President, Secretary and General Counsel
International Seaways, Inc.
600 Third Avenue, 39
th
Floor
New York, New York 10016
(212) 578-1600
(Name, Address and Telephone Number, Including Area Code, of Agent for Service)
COPY TO:
Jeffrey D. Karpf, Esq.
Cleary Gottlieb Steen & Hamilton LLP
One Liberty Plaza
New York, New York 10006
(212) 225-2000
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company or emerging growth company. See definitions of "large accelerated
      filer," "accelerated filer," "smaller reporting company" and "emerging growth company" in Rule 12b‑2 of the Exchange Act.
Large accelerated filer
□
Accelerated filer  ⌧
Non-accelerated filer
□
Smaller reporting company
□
Emerging growth company  ⌧
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to
      Section 13(a) of the Exchange Act. ⌧
CALCULATION OF REGISTRATION FEE
Title of Securities
To Be Registered
Amount
To Be
Registered
(1)
Proposed
Maximum
Offering Price
Per Share
Proposed
Maximum
Aggregate
Offering Price
Amount Of
Registration Fee
Common Stock, no par value
1,860,779
(2)
$20.825
(3)
$38,750,723
$5,030
(1)
Represents shares of common stock, no par value (the "
Common Stock
") of International Seaways, Inc. (the "
Registrant
")

                  issuable in connection with equity awards under the International Seaways, Inc. 2020 Management Incentive Compensation Plan (the "
2020 Management Plan
"), of which 1,400,000 are
                  newly approved shares of common stock and 5 are shares of common stock previously approved by shareholders that had been available under the International Seaways, Inc. Management Incentive Compensation Plan effective as of November 18,
                  2016 (the "
Prior Management Plan
"), and the International Seaways, Inc. 2020 Non-Employee Director Incentive Compensation Plan (the "
2020 Director Plan
" and, together with the 2020 Management Plan, the "
Plans
"), of which 400,000 are newly approved shares of common stock and 60,774 are shares
                  of common stock previously approved by shareholders that had been available under the International Seaways, Inc. Non-Employee Director Incentive Compensation Plan effective as of November 18, 2016 (the "
Prior Director Plan
" and together with the Prior Management Plan, the "
Prior Plans
"). Pursuant to Rule 416(a) of the Securities Act of 1933, as
                  amended (the "
Securities Act
"), this Registration Statement shall also cover any additional shares of Common Stock that become issuable under the applicable plan by reason of any
                  stock dividend, stock split, recapitalization or other similar transaction affected without the receipt of consideration that increases the number of the Registrant's outstanding shares of Common Stock.
(2)
As described in the Explanatory Note on page 2 of this Registration Statement, the number of shares of Common Stock registered under the Plans consists of 1,800,000 shares being registered for the first time and 60,779 shares that were
                  previously registered on a Form S-8 for grants under the Prior Plans.
(3)
Estimated solely for the purposes of calculating the registration fee pursuant to Rule 457(c) under the Securities Act, based on the average of the high and low prices of the Common Stock of the Registrant as reported on the New York
                  Stock Exchange on May 15, 2020.
The Exhibit Index for this Registration Statement is at page 8.
EXPLANATORY NOTE
This Registration Statement on Form S-8 is being filed for the purpose of registering 1,860,779 shares of Common Stock of the Registrant which may be issued under the Plans. The Registrant adopted
      the Plans on April 2, 2020, subject to ratification by the Company's stockholders within 12 months thereafter. Of such shares of Common Stock under the Plans, 1,400,005 are for grants under the 2020 Management Plan and 460,774 are for grants under
      the 2020 Director Plan.
PART I
INFORMATION REQUIRED IN THE
SECTION 10(a) PROSPECTUS
The information specified in Items 1 and 2 of Part I of the Form S-8 is omitted from this filing in accordance with the provisions of Rule 428 under the Securities Act and the introductory note to
      Part I of the Form S-8. The document(s) containing the information specified in Part I of Form S-8 will be sent or given to the recipients of the applicable grants, as required by Rule 428 under the Securities Act. Such documents are not being filed
      with the Securities and Exchange Commission (the "
Commission
") either as part of this Registration Statement or as prospectuses or prospectus supplements pursuant to Rule 424. These
      documents and the documents incorporated by reference in this Registration Statement pursuant to Item 3 of Part II hereof, taken together, constitute a prospectus that meets the requirements of Section 10(a) of the Securities Act.
PART II
INFORMATION REQUIRED IN THE
REGISTRATION STATEMENT
Item 3.
Incorporation of Certain Documents by Reference
The following documents of the Registrant (Commission File No. 001‑37836) filed with the Commission are incorporated herein by reference:
(a)
The Registrant's Annual Report on Form 10-K, filed with the Commission on March 3, 2020;
(b)
The Registrant's Quarterly Report on Form 10-Q, filed with the Commission on May 7, 2020;
(c)
The Registrant's definitive proxy statement on Schedule 14A filed with the Commission on April 29, 2020, to the extent incorporated by reference in our Annual Report on Form 10-K for the fiscal year ended December 31, 2020;
(d)
The Registrant's Current Reports on Form 8‑K, filed with the Commission on January 6, 2020, January 28, 2020, March 3, 2020, April 8, 2020 and May 1, 2020 (other than the documents, or portions thereof, deemed to be furnished and not
                  filed); and
(e)
The description of the Common Stock of the Registrant contained in the Registrant's Annual Report on Form 10 as filed with the Commission pursuant to the Exchange Act on July 15, 2016, including any amendment or report filed for the
                  purpose of updating such description.
All other reports and other documents filed (but not furnished) by the Registrant since the end of the fiscal year covered by the Annual Report pursuant to Sections 13(a), 13(c), 14 and 15(d) of the
      Securities Exchange Act of 1934 (the "
Exchange Act
") prior to the filing of a post-effective amendment which indicates that all securities offered have been sold or which deregisters all
      securities then remaining unsold, shall be deemed to be incorporated by reference herein and to be a part of this Registration Statement from the date of the filing of such reports and documents.
For purposes of this Registration Statement, any document or any statement contained in a document incorporated or deemed to be incorporated herein by reference shall be deemed to be modified or
      superseded to the extent that a subsequently filed document or a statement contained herein or in any other subsequently filed document which also is or is deemed to be incorporated herein by reference modifies or supersedes such document or such
      statement in such document. Any statement so modified or superseded shall not be deemed, except as so modified or superseded, to constitute a part of this Registration Statement.
Item 4.
Description of Securities
Not applicable.
Item 5.
Interests of Named Experts and Counsel
Not applicable.
Item 6.
Indemnification of Directors and Officers
Under the Republic of the Marshall Islands ("
RMI
") Business Corporations Act (the "
BCA
"), a Marshall
      Islands corporation shall have the power to indemnify any person who was or is a party or is threatened to be made a party to or a witness in or is otherwise involved in any threatened, pending or completed action, suit, claim, inquiry or proceeding
      whether civil, criminal, administrative or investigative (including an action by or in the right of the corporation) and whether formal or informal, by reason of the fact that he or she, or a person for whom he or she is the legal representative, is
      or was a director or officer of the corporation, or, while a director or officer of the corporation, is or was serving at the request of the corporation as a director, officer, employee, trustee or agent of another corporation, partnership, joint
      venture, trust, nonprofit or other entity, including service with respect to employee benefit plans, against all liability and loss suffered, and expenses (including attorneys' fees) actually and reasonably incurred by him or her in connection with
      such action, suit or proceeding. The corporation shall be required to indemnify or advance expenses to such a person  in connection with a proceeding commenced by the person against the corporation only if the commencement of such proceeding was
      authorized in the specific case by the Board of Directors or was brought to establish or enforce a right to indemnification under the bylaws, the corporations articles of incorporation, any agreement, the laws of the RMI or otherwise.
To the extent that a director or officer of a Marshall Islands corporation has been successful on the merits or otherwise in defense of any action, suit or proceeding referred to in the preceding paragraphs, or in the
      defense of a claim, issue or matter therein, he or she shall be indemnified against expenses (including attorneys' fees) actually and reasonably incurred by him or her in connection therewith. Expenses incurred in defending a civil or criminal
      action, suit or proceeding may be paid in advance of the final disposition of such action, suit or proceeding as authorized by the board of directors in the specific case upon receipt of an undertaking by or on behalf of the director or officer to
      repay such amount unless it shall ultimately be determined that he or she is entitled to be indemnified by the corporation as authorized in the BCA.
In addition, a Marshall Islands corporation has the power to purchase and maintain insurance on behalf of any person who is or was a director or officer of the corporation or is or was serving at the request of the
      corporation as a director or officer against any liability asserted against him or her and incurred by him or her in such capacity whether or not the corporation would have the power to indemnify him or her against such liability under the provisions
      of the BCA. The indemnification provisions of the BCA are not exclusive of any other rights under any bylaw, agreement, vote of stockholders or disinterested directors or otherwise.
The Registrant's Amended and Restated Articles of Incorporation limits the liability of its directors to the fullest extent permitted by the BCA and requires that the Registrant will provide them with customary
      indemnification.
Item 7.
Exemption from Registration Claimed
Not applicable.
Item 8.
Exhibits
See the attached Exhibit Index at page 8, which is incorporated herein by reference.
Item 9.
Undertakings
(a)  The undersigned Registrant hereby undertakes:
(1)  To file, during any period in which offers or sales are being made, a post‑effective amendment to this Registration Statement:
(i)
To include any prospectus required by Section 10(a)(3) of the Securities Act;
(ii)
To reflect in the prospectus any facts or events arising after the effective date of this
      Registration Statement (or the most recent post‑effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in this Registration Statement; and
(iii)
To include any material information with respect to the plan of distribution not previously
      disclosed in this Registration Statement or any material change to such information in this Registration Statement;
provided, however,
that paragraphs (a)(1)(i) and (a)(1)(ii) do not apply if the information required to be included in a post‑effective amendment by those
      paragraphs is contained in reports filed with or furnished to the Commission by the Registrant pursuant to Section 13 or 15(d) of the Exchange Act that are incorporated by reference in this Registration Statement.
(2) That, for the purpose of determining any liability under the Securities Act, each such post‑effective amendment shall be deemed to be a new registration statement relating to
      the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial
bona fide
offering thereof.
(3) To remove from registration by means of a post‑effective amendment any of the securities being registered which remain unsold at the termination of the offering.
(b) The undersigned Registrant hereby undertakes that, for purposes of determining any liability under the Securities Act, each filing of the Registrant's annual report pursuant to Section 13(a) or
      15(d) of the Exchange Act (and, where applicable, each filing of an employee benefit plan's annual report pursuant to Section 15(d) of the Exchange Act) that is incorporated by reference in this Registration Statement shall be deemed to be a new
      registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial
bona fide
offering thereof.
(h) Insofar as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers and controlling persons of the Registrant pursuant to the provisions described
      in Item 6 above, or otherwise, the Registrant has been advised that in the opinion of the Commission such indemnification is against public policy as expressed in the Securities Act and is, therefore, unenforceable.  In the event that a claim for
      indemnification against such liabilities (other than the payment by the Registrant of expenses incurred or paid by a director, officer or controlling person of the Registrant in the successful defense of any action, suit or proceeding) is asserted by
      such director, officer or controlling person in connection with the securities being registered, the Registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate
      jurisdiction the question whether such indemnification by it is against public policy as expressed in the Securities Act and will be governed by the final adjudication of such issue.
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has
      duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of New York, State of New York, on this 18th day of May, 2020.
INTERNATIONAL SEAWAYS, INC.
By:
/s/ James D. Small III
Name: James D. Small III
Title: Chief Administrative Officer, Senior Vice President, Secretary and General Counsel
POWER OF ATTORNEY
KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below hereby constitutes and appoints each of Lois K. Zabrocky and James D. Small III, and each of them acting
      individually, as his or her true and lawful attorney-in-fact, each with full power of substitution and resubstitution, for him or her and in his or her name, place and stead, in any and all capacities (unless revoked in writing), to sign any and all
      amendments (including post-effective amendments thereto) to this registration statement on Form S-8, and to file the same, with exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, granting to
      such attorney-in-fact and agents full power and authority to do and perform each and every act and thing requisite and necessary to be done in connection therewith, as full to all intents and purposes as he or she might or could do in person, hereby
      ratifying and confirming all that such attorney-in-fact and agents, or their or his or her substitute or substitutes, may lawfully do or cause to be done by virtue hereof..
Pursuant to the requirements of the Securities Act of 1933, this registration statement has been signed below by the following persons in the capacities and on the dates indicated.
Signature
Title
Date
/s/ Lois K. Zabrocky
Lois K. Zabrocky
Director, President and Chief Executive Officer
(Principal Executive Officer)
May 18, 2020
/s/ Jeffrey Pribor
Jeffrey Pribor
Chief Financial Officer
(Principal Financial and Accounting Officer)
May 18, 2020
/s/ Douglas D. Wheat
Douglas D. Wheat
Chairman of the Board
May 18, 2020
/s/ Timothy J. Bernlohr
Timothy J. Bernlohr
Director
May 18, 2020
/s/ Ian T. Blackley
Ian T. Blackley
Director
May 18, 2020
/s/ Randee E. Day
Randee E. Day
Director
May 18, 2020
/s/ David Greenberg
David Greenberg
Director
May 18, 2020
/s/ Joseph I. Kronsberg
Joseph I. Kronsberg
Director
May 18, 2020
/
s/ Ty E. Wallach
Ty E. Wallach
Director
May 18, 2020
/s/ Gregory A. Wright
Gregory A. Wright
Director
May 18, 2020
EXHIBIT INDEX
Exhibit
Number
Description of Exhibit
4.1
International Seaways, Inc. 2020 Management Incentive Compensation Plan (filed as Exhibit 10.1 to the Registrant's Current Report on Form 8-K filed on April 8, 2020).
4.2
International Seaways, Inc. 2020 Non-Employee Director Incentive Compensation Plan (filed as Exhibit 10.2 to the Registrant's Current Report on Form 8-K filed on April 8, 2020).
5.1
Opinion of Reeder & Simpson P.C.
23.1
Consent of Ernst & Young LLP, Independent Registered Public Accounting Firm.
23.2
Consent of Reeder & Simpson P.C. (included in Exhibit 5.1).
24
Power of Attorney (filed as part of signature page).