FRO News and Press, Frontline Ltd. From 08/26/21

Frontline Ltd. (the “Company” or “Frontline”), today reported unaudited results for the three and six months ended June 30, 2021: Highlights Net loss of $26.6 million, or $0.13 per basic and diluted share for the second quarter of 2021. Adj...

Frontline Ltd.’s preliminary second quarter 2021 results will be released on Thursday August 26 2021, and a webcast and conference call will be held at 3:00 p.m. CET (9:00 a.m. U.S. Eastern Time). The results presentation will be available for download from the Investor Relations sec...

The Board of Frontline Ltd. (“Frontline” or the “Company”) is pleased to announce the appointment of Mr. Lars H. Barstad as the Chief Executive Officer (“CEO”) of Frontline Management AS with effect from 1 st September 2021. Mr. Barstad curr...

Tanker rates are likely to go higher over the next 4 years due to an upcoming shortage in supply, rising demand, and rising inflation. If this thesis plays out then Frontline would be able to pay off all debt in 18 months and reinstate its hefty dividends again. A long position in...

Value Investor's Edge Live continues with this latest episode focused on the crude tanker segment of the shipping industry. Hugo De Stoop, CEO of Euronav, a leading crude tanker firm with a fleet of more than 70 vessels, joined us earlier this summer to discuss the oil transportation ...

Tanker rates and profits stand to appreciate in both upside and downside global economic scenarios and represent a very versatile trade. Tanker demand is not necessarily reflected by WTI future prices. Global oil production and barrels at sea are far more relevant. OPEC+ is rampin...

OPEC+ is celebrating the UAE disagreement didn't degenerate into a price-war but the costs are a big production increase anyway. The most important question was not answered, that is how to maintain only +400K bpd per month through 2022 when baseline increases allow 1.6M in May 2022. ...

Frontline Ltd. (NYSE:FRO) traded at a new 52-week high today of $9.14. This new high was reached on approximately average trading volume as 1.4 million shares traded hands, while the average 30-day volume is approximately 1.5 million shares. In the past 52 weeks, Frontline Ltd. share pri...

Frontline (FRO) +0.7% pre-market after agreeing to acquire two scrubber-fitted very large crude carriers built in 2019 at Hyundai Heavy Industries for $180M.The deal was concluded on a charter-free basis and is anticipated to be completed during Q4 2021.Frontline says it will finance the...

Value Investor's Edge Live returns with this latest episode focused on the crude and product tanker segments of the shipping industry. Lois Zabrocky and Jeff Pribor, CEO and CFO of International Seaways, joined us in mid-June for a market chat and company update. INSW is in the mi...