Frontline


Monday, August 5, 2013
Front Warrior Frontline Tankers Suezmax
News

Tanker Rates Slump, U.S. Oil Imports Follow Suit

(Bloomberg) — The biggest slump in tanker rates since January is signaling weaker U.S. oil imports and spurring analysts to predict a 15-year low for

August 5, 2013
Total Views: 2

Monday, June 17, 2013
front duke vlcc supertanker frontline
News

Contracting Chinese Oil Imports Sinks Maritime Industry’s Biggest Tankers

June 18 (Bloomberg) — China’s oil imports are contracting for the first time since 2009, reducing the biggest source of demand for crude tankers at

June 17, 2013
Total Views: 7

Wednesday, June 5, 2013

Fredriksen Sees Tanker Market Weak For At Lease 2 More Years

Shipping magnate John Fredriksen sees no quick turnaround on the market for crude oil tankers, but is more optimistic about the outlook for other arms of his

June 5, 2013
Total Views: 1

Thursday, May 30, 2013
Finance

Frontline Tankers is Steaming Toward Financial Shoalwater

By Balazs Koranyi OSLO, May 30 (Reuters) – Frontline Ltd, the tanker arm of shipping tycoon John Fredriksen’s business empire, expects losses to

May 30, 2013
Total Views: 0

Tuesday, April 9, 2013
circassia frontline tankers crude oil tanker
News

Miserable VLCC Market Continues as Tankers Queue up in Persian Gulf

(Bloomberg) — A glut of oil tankers competing to haul 2 million-barrel cargoes of crude from ports in the Persian Gulf is set to stay at the highest

April 9, 2013
Total Views: 5

Tuesday, April 2, 2013
frontline tankers
News

Caught Up in Horrific Market Conditions, Fredriksen’s Frontline Tankers Says No

(Bloomberg) — Frontline Ltd., the oil-tanker operator led by shipping billionaire John Fredriksen, said it’s rejecting some cargoes after a rout in

April 2, 2013
Total Views: 10

Tuesday, March 19, 2013

Fredriksen’s Frontline 2012 Almost Doubles Ship Orders Amid Glut

By Rob Sheridan (Bloomberg) — Frontline 2012 Ltd., the shipping company led by billionaire John Fredriksen, almost doubled the number of vessels

March 19, 2013
Total Views: 2

Friday, February 22, 2013

Frontline Drops After Warning on Bond Repayment Risk

By Rob Sheridan (Bloomberg) — Frontline Ltd., the oil-tanker company led by billionaire John Fredriksen, dropped to the lowest level in 15 months in Oslo

February 22, 2013
Total Views: 1

Thursday, January 24, 2013

Fredriksen: Tankers Will be the First to Recover [UPDATED]

By Mikael Holter and Isaac Arnsdorf Jan. 25 (Bloomberg) — The market for oil and fuel tankers will be the first to recover from a glut in the shipping

January 24, 2013
Total Views: 3

Thursday, November 29, 2012
frontline tankers
News

Frontline Misses Wall Street Estimates, VLCC Sector Improvement Could be Short-Lived

(Dow Jones) Frontline Ltd.’s (FRO, FRO.LN) third-quarter loss narrowed sharply as the oil tanker company’s operating expenses dropped, though

November 29, 2012
Total Views: 4

Monday, November 19, 2012
front shanghai frontline vlcc tankers
News

Frontline 2012 Poised for Major Gains as Chinese Demand Hits Record Levels [REPORT]

(Bloomberg) — China is using the most supertankers in five months to meet record demand for oil imports, diminishing a glut of shipping capacity and

November 19, 2012
Total Views: 4

Wednesday, August 29, 2012
frontline tankers
Finance

Supertanker Owner Frontline Misses Wall Street Targets

Frontline Ltd., the world’s largest operator of supertankers, reached an eight-month low in Oslo trading after forecasting deteriorating returns from

August 29, 2012
Total Views: 7

Tuesday, August 28, 2012
frank a shrontz vlcc
Finance

VLCC Owners Brace for Heavy Rolls

For the first time this year, slowing growth in oil demand is spurring analysts to cut estimates for earnings in the tanker industry’s largest vessels.

August 28, 2012
Total Views: 26

Monday, August 20, 2012

Frontline 2012 Sees Hope in LPG

John Fredriksen’s Frontline 2012 announced Monday that the company has placed an order for two VLGC’s marking the recently spun off tanker

August 20, 2012
Total Views: 1

Friday, May 25, 2012
time charter market clarksons
Finance

Frontline Tankers’ Q1 Earnings Drop 54%, Beats Estimates

Frontline Ltd.’s (FRO) first-quarter earnings fell 53% on a double-digit drop in revenue as the company said demand in the tanker market continues to lag

May 25, 2012
Total Views: 3

Friday, March 16, 2012
frontline tankers oslo stock exchange
Finance

Frontline Tankers (FRO) Takes a Ride on the Oslo Stock Exchange

It was quite a day for shareholders of Frontline Tankers.  Their stock shot up nearly 29% on news of increased VLCC and Suezmax tanker day rates. In a note

March 16, 2012
Total Views: 2

Monday, March 12, 2012
Front Ardenne ship finance international
Finance

Ship Finance International’s CFO Eirik Eide Departs

(Dow Jones) Ship Finance International Ltd. (SFL) said its chief financial officer plans to step down in the second quarter to join another shipping company.

March 12, 2012
Total Views: 1

Thursday, February 9, 2012
VLCC Kensington
Finance

VLCC Spot Charter Market Boosts Results for Knightsbridge Tankers

Bermuda-based Knightsbridge Tankers Ltd (NASDAQ:VLCCF) reported yesterday a net income of USD 9.5 million (EUR 7.1m) for the fourth quarter of 2011, up from

February 9, 2012
Total Views: 18

Wednesday, January 25, 2012
Front Brabant Suezmax
News

Frontline Tankers Invests in Seafarers – Provides Major Quality of Life Upgrade to their Global Fleet

Inmarsat (LSE:ISAT.L), the leading provider of global mobile satellite communication services, today announced that Frontline, the world leader in the

January 25, 2012
Total Views: 4

Monday, January 16, 2012
Uncategorized

Statoil to Ship More North Sea Forties Crude Oil to Asia

SINGAPORE (Dow Jones)–Norwegian oil major Statoil ASA (STL.OS) has chartered a vessel to ship North Sea Forties crude oil to Asia, in what could be at

January 16, 2012
Total Views: 12