Frontline

Frontline plc posted a profit of $60.5 million in the third quarter of 2024 despite challenging market conditions. The tanker shipping giant reported revenues

Frontline plc (NYSE: FRO), a major player in the tanker industry, has reported its Q2 2024 earnings of $0.62 per share, matching the previous quarter’s

John Fredriksen’s Frontline has announced its acquisition of two dozen Very Large Crude Carriers (VLCCs) from Euronav, solidifying its position as the

By Stephen Treloar (Bloomberg) — Frontline Plc, one of the world’s largest oil tanker owners, and Norwegian shipping billionaire John Fredriksen

Shares of Euronav skyrocketed over 17% Thursday after the company confirmed that its two largest shareholders are working on solution to resolve their deadlock

By Sharon Cho (Bloomberg) — OPEC+’s shock decision to cut oil production isn’t just redrawing the outlook for crude prices, it’s also hit the

By Barry Parker (gCaptain) – The listed companies running the big fleet of tankers have now reported earnings for 2022’s Q4. As last year ended, the

Euronav appears to be losing in its bid to force Frontline to abide by a combination agreement that would have created the world’s largest

By Barry Parker (gCaptain) – While the take-over battle surrounding tanker behemoth Euronav (NYSE: “EURN”) has dominated reports on the company, the

By Stephen Treloar (Bloomberg) — Frontline Plc, the shipping giant controlled by billionaire John Fredriksen, gave up plans to buy Euronav NV and

The proposed tanker mega-merger between Frontline and Euronav is off. Frontline plc (NYSE: FRO – OSE: FRO) announced after market close on Monday that it has

By Barry Parker (gCaptain) – Moving deep into 2022’s Q3, the shares in listed tanker companies have been dominating investor interest, as attention has

Euronav and Frontline on Tuesday announced a definitive agreement to combine the two companies, potentially creating a leading independent crude tanker

By Alex Longley and John Martens (Bloomberg) — Two shipping magnates are battling over the creation of the world’s largest publicly listed oil

By Terje Solsvik and Victoria Klesty OSLO, April 7 (Reuters) – Belgian oil tanker group Euronav and smaller Oslo-listed rival Frontline plan to merge

by Captain John Konrad (gCaptain) Yesterday, while Joe Biden shutdown US ports to Russian oil, Frontline tankers (NYSE: FRO), founded by the billionaire John

By Nerijus Adomaitis and Terje Solsvik OSLO, Aug 28 (Reuters) – Norwegian-born billionaire John Fredriksen appointed a hedge fund manager on Friday as

by Terje Solsvik (Reuters) – Crude oil tanker firm Frontline declared its first dividend in more than two years on Wednesday and said it plans to

By Andy Hoffman (Bloomberg) — Commodities trader Trafigura Group Pte Ltd.’s big bet on shipping paid off as it agreed on a tanker sale that will give

By Victoria Klesty and Terje Solsvik OSLO, Aug 23 (Reuters) – Frontline has agreed to buy 10 Suezmax oil tankers from Trafigura in a cash and share deal