Search results for: Frontline

330 results

A list of search results

  • 22 February 2008

    We refer to the fourth quarter report released on February 14, 2008. Frontline Ltd. is trading ex-dividend of a cash dividend of $2.00 per share today February 22, 2008. The record date is February 26, 2008, and the dividend will be paid on or about March 10, 2008.

  • 25 November 2007

    We refer to the third quarter report released on November 15, 2007. Frontline Ltd. is trading ex-dividend of a cash dividend of $1.50 per share today November 26, 2007. The record date is November 28, 2007, and the dividend will be paid on or about December 12, 2007.

  • 23 August 2007

    On Wednesday, tanker titan Frontline (NYSE: FRO) reported robust operating income of $190.9 million, but after backing out large gains of $66.1 million from asset sales, the adjusted figure fell 6% year over year and 21% sequentially. The company secured strong rates for its crude tankers, thanks in part to the composition of its fleet. […]

  • 29 September 2006

    As previously reported in June 2006, Frontline Ltd. (“Frontline” or the “Company”) has been granted an option for further two VLCC newbuilding contracts at Jiangnan Shipyard in China for delivery 2010/2011. The Company has now exercised these options and simultaneously sold the newbuilding contracts to a third party including an element of profit. In addition, […]

  • 26 September 2006

    Frontline Ltd. (“Frontline” or the “Company”) has agreed to sell its VLCC Front Beijing, which was delivered in 2006, for gross sale proceeds of $141.5 million. Delivery to the buyers is expected to take place in November 2006. This transaction will give a positive result of approximately USD 59 million, and will generate approximately USD […]

  • 15 August 2006

    Frontline Ltd. (“Frontline”) announces that on 14th August 2006 it has sold its entire holding of 3,860,000 shares in General Maritime Corporation (“General Maritime”) for USD $40 per share. The shares were sold to World Wide Shipping. Frontline will record a gain of approximately USD $ 9.7 million in the third quarter as a result […]

  • 25 July 2006

    The world’s biggest independent oil tanker group Frontline has ordered two new Suezmax tankers from China’s Jiangsu Rongsheng Heavy Industries Group Co. Ltd. for an undisclosed sum, Frontline said on Monday. “The vessels will be delivered in November 2008 and February 2009,” Frontline Ltd. said in a statement.

  • 24 July 2006

    Frontline Ltd. has entered into a contract with Jiangsu Rongsheng Heavy Industries Group Co. Ltd. in China for delivery of two 153.000 dwt Suezmax newbuildings. The vessels will be delivered in November 2008 and February 2009. Frontline has also secured options for further 2 + 2 similar Suezmax newbuildings. The contract price for the newbuildings […]

  • 28 June 2006

    Frontline has as reported in the Company’s First quarter report ordered four VLCC new buildings at Jignan Shipyard in China for delivery 2009 and onwards. Two of these originally newbuilding contracts have in the second quarter been sold to third party including an element of profit. Frontline has subsequently to this sale entered into further […]

  • 15 January 2021
    Authorities & Government, Ports & Logistics, Regulation & policy, Rules & Regulation

    On 15 January 2021, the Maritime and Port Authority of Singapore (MPA) officially introduced new requirements for shore-based personnel boarding ships in an effort to improve the safety of maritime operations.

  • 28 December 2020
    Business & Finance, Business developments & projects

    Offshore drilling contractor Borr Drilling has named a new chief financial officer (CFO), with effect from 28 December 2020.

  • 10 December 2020
    Business & Finance, Environment, Outlook & strategy, Transition, Vessels

    TFG Marine, a joint venture bunker company, launched by Trafigura, Frontline Ltd, and Golden Ocean Holdings earlier this year, is planning to transition to lower carbon fuels as it marks rapid business growth. The JV was announced back in 2019, with Golden Ocean and Frontline acquiring 10 percent and 15 percent interests respectively, and Trafigura […]

  • 12 November 2020
    Business developments & projects, Human Capital, Operations & Maintenance, Outlook & strategy

    Delfin Midstream, the company proposing an FLNG project in the Gulf of Mexico, has added LNG experience to its leadership.

  • 9 September 2020
    Infrastructure, Ports & Logistics, Vessels

    On 8 September, DP World’s flagship Jebel Ali Port welcomed HMM Gdansk, one of the world’s largest container vessels which is now on the return leg of its maiden international voyage between the Far East and Europe.

  • 18 August 2020
    Business & Finance, Collaboration, Environment, Rules & Regulation, Transition

    Dry bulk shipping major Golden Ocean Group Limited (GOGL) has become a member of the Getting to Zero Coalition, a powerful industry alliance committed to accelerating maritime shipping’s decarbonization. The ambition of the coalition, which has over 110 company members, is to have commercially viable zero-emission vessels (ZEVs) operating along deep-sea trade routes by 2030, supported […]

  • 4 June 2020
    Human Capital, Outlook & strategy

    Maritime charity sets out major programme to support seafarers as Covid-19 conditions continue to impact welfare.

  • 27 May 2020
    Equipment, Rules & Regulation, Vessels

    Exhaust gas cleaning systems, better known as scrubbers, have been under the spotlight in the shipping industry for a few years now, as owners debated the pros and cons of their installation. One of the most compelling drivers behind the installation of the technology as a means of cutting sulphur emissions was a quick return […]

  • 4 May 2020

    Royal Navy is trialing underwater gliders in the North Atlantic, that can rapidly send vital information during submarine hunting operations. One of the Slocum Gliders is being tested in the seas west of Scotland during a five-month deployment. The unmanned Slocum is capable of sending near real-time information on temperature, depth, salinity (salt content), currents, […]

  • 24 April 2020
    Business & Finance, Ports & Logistics

    Abu Dhabi Ports is offering a three-month rent deferment for the second quarter of the year for its customers as part of the relief measures aimed at curbing the impact of the coronavirus pandemic on their operations. The package also includes a freeze on late payment penalties and an exemption from Tawtheeq fees. Measures have […]

  • 17 April 2020

    Japanese marine coating company Nippon Paint and US-based technology company Corning Inc have developed a special coating to protect workers from picking up viruses from painted surfaces. Nippon Paint’s Antivirus Kids Paint, developed specifically for frontline hospital use, incorporates Corning Guardiant Antimicrobial Particles – a nascent technology designed to safeguard against viruses from adhering to […]

  • 13 April 2020
    Business & Finance, Vessels

    Royal IHC recently completed simulator training for the dredging crew of the Irrigation Department of the Government of Thailand. This training program was held following the sale of two IHC Beaver 40 vessels. According to IHC, the crew members of both dredgers were able to improve their operational skills by using a CSD simulator and […]

  • 13 April 2020

    Solutions developer for the offshore industry Trendsetter Vulcan Offshore (TVO), has collaborated with pulmonary and critical care physician Luis E. Chug, MD, to introduce personal protective equipment for healthcare workers fighting the coronavirus pandemic. The ViraBox is a plastic enclosure that covers the upper part of a patient and allows medics to use sealed access […]

  • 13 April 2020
    Business developments & projects, Infrastructure, Operations & Maintenance, Ports & Logistics, Safety

    DP World implemented an action plan in order to keep essential trade flowing amid the global pandemic.

  • 5 March 2020
    Business & Finance

    Wärtsilä to reorganize its marine business into three independent businesses.

  • 30 January 2020

    MUA calls for adequate checks for coronavirus infections on vessels arriving at Australian ports.