Tuesday, January 31, 2017
dht ann vlcc supertanker
Maritime News

DHT Tankers Says Value Above Frontline’s Bid

OSLO, Jan 31 (Reuters) – Tanker firm DHT Holdings estimated its net asset value at $5.7 per share on Tuesday, above a non-binding all-share offer made by

January 31, 2017
Total Views: 45

Monday, January 30, 2017
frontline tanker

Fredriksen’s Frontline Launches Offer for DHT Holdings

John Fredriksen’s Frontline Ltd made a non-binding proposal over the weekend where Frontline would acquire all outstanding shares of common stock of

January 30, 2017
Total Views: 11

Tuesday, November 24, 2015
seadrill drillship
Maritime News

Tycoon Fredriksen’s Firms See Diverging Fortunes

By Gwladys Fouche OSLO, Nov 24 (Reuters) – Firms in Norwegian-born billionaire John Fredriksen‘s empire saw contrasting fortunes on Tuesday, as rig

November 24, 2015
Total Views: 16

Thursday, July 2, 2015
frontline tanker

Fredriksen Seeking Greater Tanker Market Share with New Frontline

John Fredriksen, the billionaire who made his fortune investing in crude tankers, is reuniting two businesses he split three years ago to help gain a greater

July 2, 2015
Total Views: 35

frontline vlcc tanker

Tanker Giant Reborn – Billionaire Fredriksen Merges Tanker Companies Three Years After Split

Billionaire John Fredriksen is merging the two oil tanker companies he split up more than three years to create a market

July 2, 2015
Total Views: 6

Friday, May 29, 2015
Maritime News

Tanker Owner Frontline Beats Forecasts

Crude oil tanker firm Frontline posted first-quarter operating profit above expectations on Friday and said it had renegotiated its relationship with

May 29, 2015
Total Views: 12

Friday, January 9, 2015

Frontline Surges Amid Signs of Oil Storage at Sea

Frontline Ltd., the oil tanker company led by billionaire John Fredriksen, surged in Oslo trading amid speculation that a plunge in crude prices is spurring

January 9, 2015
Total Views: 2

Tuesday, November 25, 2014
Front Warrior Frontline Tankers Suezmax

Frontline Posts Deeper Third-Quarter Loss

Frontline, once the world's biggest crude oil tanker company, reported a bigger than expected third-quarter loss on Tuesday and said it is still considering

November 25, 2014
Total Views: 2

Monday, October 20, 2014
Maritime News

New CEO at Frontline

Frontline Ltd (NYSE: FRO) the Bermuda-based crude oil shipping firm led by board chairman, John Fredriksen has brought on a new CEO to take the company

October 20, 2014
Total Views: 20

Wednesday, October 1, 2014

Frontline and Tankers International Form Chartering Venture

Crude oil shipping firms Frontline Management and Tankers International formed a chartering joint venture called VLCC Chartering Ltd to increase their joint

October 1, 2014
Total Views: 18

Thursday, July 24, 2014
front opalia

Frontline Sells Three VLCCs as 2015 Looms

Rather than go through the costly process of the 15-year special survey, Frontline has agreed to sell three of their 1999-built VLCCs, Front Opalia, Front

July 24, 2014
Total Views: 4

Tuesday, July 15, 2014
vlcc british progress

Windsor Petroleum Files for Ch. 11 Protection

Windsor Petroleum Transport Corp (WPT), a Bermuda-based company that falls underneath International Tankers Corp and is 82.5 percent owned by Frontline Tankers

July 15, 2014
Total Views: 2

Tuesday, May 27, 2014
front duke vlcc supertanker frontline

Frontline May Need To Restructure

OSLO, May 27 (Reuters) – OSLO, May 27 (Reuters) – Oil tanker firm Frontline reported deepening losses Tuesday and said it may struggle to repay its

May 27, 2014
Total Views: 3

Thursday, February 27, 2014
front shanghai frontline vlcc tankers
Maritime News

Three Straight Years of Losses for Frontline Tankers

For the world’s largest crude oil tanker company, 2013 was another year of losses.  Frontline Tankers reported today their third yearly net loss in a

February 27, 2014
Total Views: 5

Monday, February 3, 2014
front duke vlcc supertanker frontline

Fredriksen Reduces Ownership in Frontline

OSLO, Feb 3 (Reuters) – Oil tanker operator Frontline sold 8.8 million new shares in January as part of an equity distribution agreement with Morgan

February 3, 2014
Total Views: 30

Wednesday, November 27, 2013
circassia frontline tankers crude oil tanker

Frontline Looks to Restructure Amid Delayed Tanker Market Recovery

The global tanker market is still some time away from a full recovery and Frontline, the crude tanker arm of shipping tycoon John Fredriksen's business empire,

November 27, 2013
Total Views: 2

Thursday, November 7, 2013
front shanghai frontline vlcc tankers

Frontline Pays Big to Terminate Charter Contracts

Oil tanker firm Frontline has terminated two charter contracts with Ship Finance International Limited and agreed to pay $90 million in compensation for the

November 7, 2013
Total Views: 2

Friday, October 11, 2013
frontline tankers

Frontline Shares Sink on Debt Conversion Announcement

Oil tanker firm Frontline said it would convert $25 million of its outstanding debt due in 2015 to equity, an announcement which sent its share price almost 10

October 11, 2013
Total Views: 1

Monday, September 9, 2013

Frontline 2012 Kicks Off Five Dozen Newbuild Deliveries With MR Tanker

Frontline 2012, the consolidating offshoot of John Fredriksen's tanker company Frontline Ltd., has taken delivery of the first vessel out of five dozen

September 9, 2013
Total Views: 9

Wednesday, August 28, 2013
Front Brabant Suezmax

Frontline Urges Scrapping of Tankers Aged Over 15 Amid Ship Glut

Aug. 28 (Bloomberg) — Frontline Ltd., the oil-tanker company led by billionaire John Fredriksen, urged shipowners to scrap crude carriers that are more

August 28, 2013
Total Views: 18