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Frontline (FRO) Announces Sale of Five Oldest VLCCs

Frontline (FRO) Announces Sale of Five Oldest VLCCs
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Frontline plc : FRO - Sale of its five oldest VLCCs

Frontline plc : FRO - Sale of its five oldest VLCCs
finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.

FRO – Sale of its five oldest VLCCs

Frontline plc today announced that it has entered into an agreement whereby the Company will sell its five oldest VLCCs, built in 2009 and 2010, for an aggregate net sale price of $290 million. The.

FRO – Sale of its five oldest VLCCs

FRO – Sale of its five oldest VLCCs
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Red Sea Middle East latest: Houthi attacks menace oil tankers, but don t stop them

Despite the attacks and the risk of more conflict, some companies are insisting that the oil tankers they charter take the Suez Canal route, rather than an excursion around Africa.

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