Frontline FY2025 annual report published; total operating revenues fall 4.2% to $1,965 million

Reuters03-28

Frontline FY2025 annual report published; total operating revenues fall 4.2% to $1,965 million

The annual report said the fleet stood at 80 owned vessels, comprising 41 VLCCs, 21 Suezmax tankers and 18 LR2/Aframax tankers.
A deal to sell one 2011-built Suezmax tanker closed with a net sale price of USD 36.4 million.
Frontline reported it agreed to sell eight VLCCs built between 2015 and 2016 for a total sales price of USD 831.5 million, with delivery occurring in the first quarter of 2026.
The report said the company agreed to acquire nine scrubber-fitted ECO VLCC newbuildings from affiliates of Hemen for USD 1.2 billion, with deliveries scheduled from the second quarter of 2026 to the second quarter of 2027.
Total operating revenues fell 4.2% to USD 2.0 billion, with the report citing fewer vessels following sales and lower market rates as factors.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Frontline plc published the original content used to generate this news brief on March 27, 2026, and is solely responsible for the information contained therein.

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Frontline plc published the original content used to generate this news brief on March 27, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FRO","symbol_name":"FRONTLINE PLC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260327:nNDL6vwgYv:1","article_id":"2622805815","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2622805815","pubTimestamp":1774646554,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"The annual report said the fleet stood at 80 owned vessels, comprising 41 VLCCs, 21 Suezmax tankers and 18 LR2/Aframax tankers.A deal to sell one 2011-built Suezmax tanker closed with a net sale price of USD 36.4 million.Frontline reported it agreed to sell eight VLCCs built between 2015 and 2016 for a total sales price of USD 831.5 million, with delivery occurring in the first quarter of 2026.The report said the company agreed to acquire nine scrubber-fitted ECO VLCC newbuildings from affiliates of Hemen for USD 1.2 billion, with deliveries scheduled from the second quarter of 2026 to the second quarter of 2027.Total operating revenues fell 4.2% to USD 2.0 billion, with the report citing fewer vessels following sales and lower market rates as factors.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. 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