Captain Blackley has been a Director of INSW since November 30, 2016. He was the President and Chief Executive Officer of OSG from January 20, 2015 until December 29, 2016. He is also a Director of Gard P.&I. (Bermuda) Ltd. since June 2016. Since joining OSG in 1991, Capt. Blackley held numerous operating and financial positions. Prior to his election as President and CEO, he served as Executive Vice President and Chief Operating Officer of OSG from December 2014, as Senior Vice President from May 2009 through December 2014, as Chief Financial Officer from April 2013 through December 2014, and Head of International Shipping from January 2009 through April 2013. He was a Managing Director and Chief Operating Officer of OSG Ship Management (UK) Ltd. from September 2005 through April 2013. Capt. Blackley began his seagoing career in 1971, serving as a captain from 1987 to 1991. He holds a diploma in Nautical Science from Glasgow College of Nautical Studies and a Master Mariner Class I license. His extensive experience both with the shipping industry generally and INSW in particular make him a valuable asset to the Board.

Mr. Greenberg has been a Director of INSW since June 7, 2017. He is Special Advisor (and from 2008 through the end of 2016 was a member of the Executive Committee) for LRN Corporation, which advises global companies on governance, ethics, compliance, culture and strategy issues. For 20 years prior to 2008, Mr. Greenberg served in various senior positions overseeing government affairs, corporate affairs, communications and strategy at Altria Group, Inc. – then the parent company of Philip Morris USA, Philip Morris International, Kraft Foods and Miller Brewing – culminating in his role as Senior Vice President, Chief Compliance Officer and a member of the Corporate Management Committee. Mr. Greenberg is a managing director of Cortina Partners LLC, a private equity firm that invests in and manages companies in the textile, health care, communications, and medical transportation and bedding industries. Earlier in his career, Mr. Greenberg was a partner in the Washington D.C. law firm of Arnold & Porter. He attended Williams College and has JD/MBA degrees from the University of Chicago. Mr. Greenberg’s investment and legal experience make him a valuable asset to the Board.

Ms. Day has been a Director of INSW since November 30, 2016. She is President and CEO of Day & Partners, LLC, a maritime consulting and advisory group. Ms. Day has 35 years of experience in executive leadership, corporate governance, restructuring and maritime finance. Prior to founding Day & Partners, LLC. in 2011, Ms. Day served as interim CEO of DHT, Maritime, Inc. Previously, Ms. Day was Managing Director at the Seabury Group, a transportation advisory firm. While working for Seabury group, Ms. Day led a joint venture between OSG and Clipper on VLCC new buildings, as well as leading the creation of an alliance with Irving Capital to conduct private equity transactions in shipping and offshore. She was the Division Head of JP Morgan’s shipping group in New York. She led the arrangement of $1.5 billion to support US Navy’s procurement of 13 vessels for use in its Rapid Deployment Fleet. Ms. Day is a director of one other publicly traded company, Eagle Bulk Shipping Inc. and previously has served on the board of numerous public companies, including TBS International Ltd., Ocean Rig ASA, DHT Maritime Inc., Excel Maritime and Tidewater, Inc. Ms. Day is a graduate of the School of International Relations at the University of Southern California and did graduate business studies at George Washington University. Ms. Day also is a graduate of Senior Executives in National and International Security Program at the Kennedy School at Harvard University. Ms. Day’s extensive experience in the shipping industry makes her a valuable asset to the Board.

Mr. Bernlohr has been a Director of International Seaways, Inc. (“INSW”) since November 30, 2016. He is the Founder and Managing Member of TJB Management Consulting, LLC, which specializes in providing project-specific consulting services to businesses in transformation, including restructurings, interim executive management and strategic planning services, since 2005. He is also the former President and Chief Executive Officer of RBX Industries, Inc. (“RBX”), which was a nationally recognized leader in the design, manufacture and marketing of rubber and plastic materials to the automotive, construction and industrial markets. Prior to joining RBX in 1997, Mr. Bernlohr spent 16 years in the International and Industry Products division of Armstrong World Industries, where he served in a variety of management positions. Mr. Bernlohr currently serves as a Director of Atlas Air Worldwide Holdings, Inc., WestRock Company and Lead Director of Chemtura Corp. Additionally, Mr. Bernlohr serves as Chairman of Skyline Champion Corporation (NYSE SKY), a privately-held corporations and is also a director of several other privately held corporations, including Omni Max International, Inc.; Neenah Foundry, Inc.; Pinnacle Agricultural Holdings, Inc., Western Inventory Service, Inc. and The Manischewitz Company, Inc. Within the past five years, Mr. Bernlohr served as an independent director of the following publicly-held companies: Overseas Shipholding Group, Inc. (“OSG”); WCI Steel Company; Ambassador’s International; Smurfit Stone Container Corporation; Aventine Renewable Resources; Rock-Tenn Company; and Cash Store Financial Services, Inc. Mr. Bernlohr is a graduate of Pennsylvania State University. Mr. Bernlohr’s experience serving as a chief executive of an international manufacturing company and his varied directorship positions make him a valuable asset to the Board.

Mr. Wallach has been a Director of INSW since November 30, 2016. He is Managing Director and Chief Investment Officer - Credit of Atlas Merchant Capital LLC, an international financial services investment firm. He was until recently a Partner at Paulson & Co. Inc. (“Paulson”) and a Co-Portfolio Manager at Paulson’s credit funds. While at Paulson, he led numerous investments in the debt and equity of distressed and leveraged companies. Prior to joining Paulson, Mr. Wallach was a partner and Managing Director at Oak Hill Advisors, serving most recently as Co-Head of European Investments. He currently serves on the board of directors of OSG, as well as on the boards of two non-profit organizations, Focus for a Future Inc. and New Heights Youth, Inc. Mr. Wallach is a graduate of Princeton University. Mr. Wallach’s substantial expertise in finance and investment management with leading organizations make him a valuable asset to the Board.