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
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
John Fredriksen’s Frontline Ltd made a non-binding proposal over the weekend where Frontline would acquire all outstanding shares of common stock of
By Gwladys Fouche OSLO, Nov 24 (Reuters) – Firms in Norwegian-born billionaire John Fredriksen‘s empire saw contrasting fortunes on Tuesday, as rig
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
Billionaire John Fredriksen is merging the two oil tanker companies he split up more than three years to create a market
Crude oil tanker firm Frontline posted first-quarter operating profit above expectations on Friday and said it had renegotiated its relationship with
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
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
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
Crude oil shipping firms Frontline Management and Tankers International formed a chartering joint venture called VLCC Chartering Ltd to increase their joint
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
Windsor Petroleum Transport Corp (WPT), a Bermuda-based company that falls underneath International Tankers Corp and is 82.5 percent owned by Frontline Tankers
OSLO, May 27 (Reuters) – OSLO, May 27 (Reuters) – Oil tanker firm Frontline reported deepening losses Tuesday and said it may struggle to repay its
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
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
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,
Oil tanker firm Frontline has terminated two charter contracts with Ship Finance International Limited and agreed to pay $90 million in compensation for the
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
Frontline 2012, the consolidating offshoot of John Fredriksen's tanker company Frontline Ltd., has taken delivery of the first vessel out of five dozen
Aug. 28 (Bloomberg) — Frontline Ltd., the oil-tanker company led by billionaire John Fredriksen, urged shipowners to scrap crude carriers that are more
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