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Frontline Ltd. · Hamilton Bermuda ·(NYSE: FRO)(Oslo: FRO)

Company Description

Par-la-Ville Place 14 Par-la-Ville Rd.
Hamilton
HM 08
Bermuda (Map)
Phone: +1-441-295-6935
Fax: +1-441-295-3494
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    Frontline wants to be out front when it's time to ship crude oil. The company operates about 80 tankers, primarily Suezmaxes and VLCCs (very large crude carriers). Operating primarily on short-term contracts, the company's VLCCs transport oil from the Middle East to the Far East, Northern Europe, the Caribbean, and the US. Its Suezmaxes are used mainly between the Atlantic Basin and the Middle East and Southeast Asia. Frontline also operates several oil/bulk/ore carriers (OBOs), which can be used for liquid or dry bulk cargo. Overall, the company's fleet has a capacity of about 19.4 million deadweight tons (DWT). To read the full description, subscribe now.
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    Key Frontline Ltd. Financials

    Company TypePublic - NYSE: FRO - Oslo: FRO

    Headquarters
    Fiscal Year-EndDecember
    2008 Sales (mil.)$2,104.0
    2008 Employees48

    Frontline Ltd. Executives

    7 executives listed for Frontline Ltd.'s Hamilton,  location.
    TitleName & BioContact
    Chairman, President, and CEOJohn FredriksenNetwork
    CFO, Frontline ManagementInger KlempNetwork
    Treasurer, Frontline ManagementMagnus VaalerNetwork

    Competition

    Competitive Landscape for Frontline Ltd.
    Demand is driven by macroeconomic trends in global imports and exports. The profitability of individual companies depends on efficient operations and a good safety record. Large companies have advantages in fleet size and port access. Small companies can compete effectively by chartering services out of smaller ports and transporting unusual cargo. Average annual revenue per worker for a typical company is nearly $500,000. The global shipping industry transports over 90 percent of the world's total commerce, according to the International Shipping Federation (ISF). Deep sea shipping is a highly competitive industry; however, competition from other forms of transportation is limited. To read the full description, subscribe now.
    Top Frontline Ltd. Competitors
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