Company Frontline plc Oslo Bors

Equities

FRO

CY0200352116

Oil & Gas Transportation Services

Market Closed - Oslo Bors 10:45:00 2024-04-25 am EDT 5-day change 1st Jan Change
251.6 NOK -1.41% Intraday chart for Frontline plc -2.78% +24.00%

Business Summary

Frontline Ltd. specializes in maritime transport of oil. In addition, the group is developing a vessel acquisition and sale activity.

At the end of 2022, the group had a fleet of 70 tankers (including 4 under commercial management) broken down between 21 VLCCs (maximum tonnage of 200 to 320 Kt), 20 LR2/Aframax (maximum tonnage of 111 to 115 Kt), and 29 Suezmax (maximum tonnage of 120 to 170 Kt).

Frontline Ltd. carries out its business through its subsidiaries and partner companies in Bermuda, India, Liberia, the Marshall Islands, Norway, the United Kingdom and Singapore.

Number of employees: 78

Sales per Business

USD in Million2021Weight2022Weight Delta
Voyage Charter
94.1 %
664 88.6 % 1,346 94.1 % +102.71%
Time Charter
5.0 %
71 9.5 % 72 5.0 % +0.78%
Administrative Income
0.9 %
14 1.9 % 12 0.9 % -11.99%

Sales per region

USD in Million2021Weight2022Weight Delta
Global
100.0 %
749 100.0 % 1,430 100.0 % +90.85%

Managers

Managers TitleAgeSince
Chief Executive Officer 53 -
Director of Finance/CFO 61 11-12-31
Director/Board Member 80 97-11-02

Members of the board

Members of the board TitleAgeSince
Director/Board Member 80 97-11-02
Director/Board Member 58 22-05-01
Director/Board Member 61 18-09-20
Chairman 74 15-04-30
Director/Board Member 60 22-05-01
Director/Board Member 53 22-10-04

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 222,622,889 142,955,186 ( 64.21 %) 0 64.21 %

Shareholders

NameEquities%Valuation
79,145,703 35.55 % 1 850 M kr
Folketrygdfondet
4.601 %
10,243,267 4.601 % 239 M kr
Arrowstreet Capital LP
2.408 %
5,361,025 2.408 % 125 M kr
Two Sigma Advisers LP
1.824 %
4,061,100 1.824 % 95 M kr
Two Sigma Investments LP
1.595 %
3,550,685 1.595 % 83 M kr
Barclays Bank Plc
0.9813 %
2,184,541 0.9813 % 51 M kr
Acadian Asset Management LLC
0.7749 %
1,725,096 0.7749 % 40 M kr
Eika Kapitalforvaltning AS
0.7330 %
1,631,755 0.7330 % 38 M kr
Alfred Berg Kapitalforvaltning AS
0.7211 %
1,605,350 0.7211 % 38 M kr
KLP Kapitalforvaltning AS
0.7061 %
1,572,015 0.7061 % 37 M kr

Company contact information

Frontline Plc

8, Kennedy Street Iris House

3106, Limmasol

+357 2 5588767

http://www.frontline.bm
address Frontline plc(FRO)

Group companies

NameCategory and Sector
Frontfleet II Ltd.
Frontfleet Ltd.
Publishing: Books/Magazines