FRO News and Press, Frontline Ltd. From 10/04/19

Freight rates to ship U.S. crude to Asia continue to surge, with costs to charter a supertanker rising to a record $12M yesterday, Reuters reports. More news on: Nordic American Tankers Limited, Frontline Ltd., DHT Holdings, Inc., Energy stocks news, Stocks on the move, Read more ......

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Freight rates for U.S. crude tankers bound for Asia jumped to the highest in more than three years this week as U.S. sanctions on a China's COSCO cut vessel availability. More news on: Frontline Ltd., Teekay Corporation, Teekay Tankers Ltd., Energy stocks news, Read more ...

Key oil freight rates from the Middle East to Asia soared as much as 28% today, Reuters reports, as the global shipping market is rattled by U.S. sanctions on China's COSCO for alleged involvement in ferrying crude out of Iran. More news on: Frontline Ltd., Teekay Corporation, Teekay Tan...

Note: This article was originally published August 20th on Value Investor's Edge , a Seeking Alpha subscription service. Overview Spring and Summer of 2018 marked the low point in the latest crude and product tanker down cycle. 2019 has shown solid year over year improvements ac...

Refinery outages in Saudi Arabia following the attacks on its oil facilities could deal a blow to the shipping industry's preparations for January's major switch to cleaner marine fuel standards, Reuters reports. More news on: Teekay Tankers Ltd., Teekay Corporation, Teekay LNG Partners ...

Reference is made to the notice of 23 August 2019, whereby Frontline Ltd. (“Frontline”) (NYSE and OSE: FRO) announced an agreement with Trafigura Maritime Logistics (“TML”), a wholly-owned  subsidiary  of  Trafigura  Pte  Ltd (“Tra...

By Robert Hvide Macleod, CEO Frontline Management AS Below is a summary of the video presentation given by the CEO of Frontline Management AS ( FRO ), Robert Hvide MacLeod. In the video, Mr. MacLeod discusses the current state of the crude tanker market and many of the variables affecting th...

VLCC rates jumped more than 10% yesterday and continue to rise today in the wake of the attacks on Saudi oil installations that have knocked out 5.7M bbl/day of oil from global supplies. More news on: Frontline Ltd., Euronav NV, Golden Ocean Group Limited, Energy stocks news, Stocks on ...

Saudi Disruption: The Latest Event The Arabian Gulf ("AG"), or Middle East Gulf ("MEG"), has been a hot spot over the past year, including seized tankers and drone shoot-downs . Tensions were already increasing, but they exploded over the weekend with an attack on key Saudi oil infrastru...