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Frontline Ltd. (FRO)

1.61 Down 0.05(3.01%) Oct 24, 4:01PM EDT
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Frontline Ltd.
Par-la-Ville Place
14 Par-la-ville Road
Hamilton, HM 08
Bermuda - Map
Phone: 441-295-6935
Fax: 441-295-3494

Index Membership:N/A
Full Time Employees:96

Business Summary 

Frontline Ltd., through its subsidiaries, is engaged in the ownership and operation of oil tankers and oil/bulk/ore carriers. The company provides seaborne transportation of crude oil and oil products, as well as raw materials, such as coal and iron ore. Its very large crude carriers (VLCCs) primarily transport crude oil from the Middle East Gulf to the Far East, Northern Europe, the Caribbean, and the Louisiana Offshore Oil Port, as well as Suezmax tankers trade in the Atlantic Basin, the Middle East, and Southeast Asia. As of December 31, 2013, the company’s tanker fleet consisted of 33 vessels, including 23 VLCCs and 10 Suezmax tankers. It is also involved in the charter, purchase, and sale of vessels. The company has operations in the Bahamas, Bermuda, the Cayman Islands, India, the Isle of Man, Liberia, Norway, the United Kingdom, and Singapore. Frontline Ltd. was founded in 1948 and is based in Hamilton, Bermuda.

Key Statistics

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Key Executives 
Mr. John Fredriksen , 70
Chairman, Chief Exec. Officer and Pres
Mrs. Inger M. Klemp , 51
Principal Financial Officer and Chief Financial Officer of Frontline Management AS
Mrs. Georgina E. Sousa , 64
Head of Corp. Admin., Sec. and Director
Mr. Jens Martin Jensen , 50
Director and Chief Exec. Officer of Frontline Management As
Mr. Tor Olav Trøim , 51
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.