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Frontline and affiliated parties have as of July 11 increased their holding in Golden Ocean Group Limited’s USD 291 million bond issue to totally USD 104,5 million. Through the purchases of the bonds...
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Frontline filed as of July 7 a financial restructuring plan for Golden Ocean Ltd, currently under Chapter XI administration. Two other competing plans where filed within the time limit defined by the...
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Frontline has today filed its 20-F including the 1999 accounts with the SEC. A full report may be downloaded on the following link:...
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The Board of Frontline approved on June 20, 2000 a private placement of USD 48.5 million in equity to a limited number of leading international financial institutions. A total of 4 million shares were...
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Frontline Ltd. has entered into an agreement with Euronav to acquire the two Suezmax tankers M/T Ardenne and M/T Brabant . The two ships of 153.000 dwt are built in 1997 and 1998 and are sister...
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FIRST QUARTER RESULTS Frontline reports net income of $1.0 million for the first quarter of 2000, compared with net income of $4.3 million for the first quarter of 1999. Earnings before interest,...
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FRONTLINE BUYS VLCC NEWBUILDING AND RAISES USD 30 MILLION IN NEW EQUITY Frontline Ltd. has signed a deal with Golden Ocean Group Limited ("Golden Ocean") under which Frontline will buy the VLCC...
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FRONTLINE AND GOLDEN OCEAN AGREE ON FINANCIAL RESTRUCTURING PLAN OF GOLDEN OCEAN. Frontline Ltd. signed a term sheet today with the Golden Ocean Group Limited ("Golden Ocean"), under which the...
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Frontline's presentation yesterday evening in Oslo is available on the following link: ...
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Frontline Ltd. has today entered into an agreement with Wilh. Wilhelmsen ASA to buy the two 1993-built tankers, M/T TARTAR (307,000 dwt) and M/T TARIM (300,000 dwt). The agreed purchase price of USD...