Frontline Ltd. (NYSE: FRO) is a Bermuda‐incorporated shipping company engaged primarily in the seaborne transportation of crude oil and refined petroleum products. The company owns and operates a diversified fleet of very large crude carriers (VLCCs), Suezmax, and aframax tankers under long‐term and spot charters. Frontline’s vessels serve major oil producers and trading houses, providing reliable and flexible shipping solutions across global markets.
The company’s core activities include commercial management of vessel charters and technical management of its owned fleet, ensuring compliance with rigorous safety, environmental and operational standards. Frontline offers a range of charter options, from time charters with fixed daily hire rates to voyage charters that respond to market fluctuations. Its in‐house commercial team monitors freight rates, coordinates vessel scheduling and negotiates charter contracts on behalf of its customers.
With a network that spans key oil trade routes, Frontline’s operations connect suppliers and consumers across the Middle East, Asia, Europe, the Americas and West Africa. Its headquarters are located in Hamilton, Bermuda, with regional offices in Oslo, London, Greenwich and Singapore. The company maintains strategic partnerships with port authorities, classification societies and major oil companies to support efficient cargo loading, bunkering and port services worldwide.
Frontline traces its roots to the mid-1980s under the leadership of shipping entrepreneur John Fredriksen, who built the business into one of the world’s largest tanker operators. Frontline is controlled by Hemen Holding Ltd., a company majority‐owned by Fredriksen, and governed by a board of directors with extensive maritime experience. The executive team comprises industry veterans who oversee fleet deployment, risk management and corporate governance, positioning Frontline to capitalize on evolving dynamics in the global energy trade.
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