This article needs to be updated.(March 2020) |
Company type | Publicly traded limited company |
---|---|
OSE: FRO NYSE: FRO Russell 2000 Company | |
ISIN | CY0200352116 |
Industry | Oil tanker shipping |
Founded | 1985 |
Headquarters | Limassol, Cyprus |
Key people | John Fredriksen (Chairman and President)[1] |
Revenue | US$956.38 million (2019) |
US$139.97 million (2019) | |
Total assets | US$3.798 billion (end 2010)[2] |
Total equity | US$759.0 million (end 2010)[2] |
Owner | John Fredriksen (40.2%)[1] |
Number of employees | 70 (end 2010)[2] |
Website | frontline |
Frontline PLC is the world's fourth largest oil tanker shipping company, based in Limassol, Cyprus and controlled by John Fredriksen. Its primary business is transporting crude oil. As of 2008 the company had one of the world's largest tanker fleets consisting of VLCC, Suezmax and Suezmax OBO carriers (82 tankers in total with 18 more on order).[3]