about 20 years ago
Frontline has as reported in the Company’s First quarter report ordered four VLCC new buildings at Jignan Shipyard in China for delivery 2009 and onwards. Two of these originally newbuilding contracts have in the second quarter been sold to third party including an element of profit. Frontline has s
Frontline has as reported in the Company’s First quarter report ordered four VLCC new buildings at Jignan Shipyard in China for delivery 2009 and onwards.
Two of these originally newbuilding contracts have in the second quarter been sold to third party including an element of profit. Frontline has subsequently to this sale entered into further two newbuilding contracts including an option for an additional two new buildings.
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