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Analysis of Frontline Ltd.
0 Comments | M2 Presswire, March, 2007
M2 PRESSWIRE-12 March 2007-Oil and Gas News: Analysis of Frontline Ltd(C)1994-2007 M2 COMMUNICATIONS LTD RDATE:12032007 Analysis of Frontline Ltd (NYSE:FRO) Frontline, Ltd., through subsidiaries, engages primarily in the ownership and operation of oil tankers, including oil/bulk/ore (OBO) carriers.
The company primarily transports crude oil, as well as raw materials like coal and iron ore. It operates tankers of two sizes, very large crude carriers (VLCCs), which are between 200,000 and 320,000 deadweight tons (dwt); and Suezmaxes, which are vessels between 120,000 and 170,000 dwt. The company�s VLCCs are used for the transportation of crude oil from the Middle East Gulf to the Far East, Northern Europe, the Caribbean, and the Louisiana Offshore Oil...
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