2009-11-13 20:59:04 - Frontline Ltd. - Oil & Gas - Deals and Alliances Profile - a new market research report on companiesandmarkets.com

www.companiesandmarkets.com/Summary-Company-Profile/frontline-lt ..

Frontline Ltd. (Frontline) is engaged primarily in the ownership and operation of oil tankers, including oil/bulk/ore (OBO) carriers. The Company 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. As of February 28, 2009, the Company operated a tanker fleet consisting of 83 vessels. The fleet consists of 41 VLCCs, which are either owned or chartered in, 30 Suezmax tankers, which are either owned or chartered in, eight Suezmax OBOs, which are chartered in, and four VLCCs under its commercial management. In January 2008, the Company established Independent Tankers Corporation Limited (ITCL), as a wholly owned subsidiary for the purpose

 

 

of holding, by way of contribution, its interests in Independent Tankers Corporation (ITC). In February 2008, Frontline spun off 17.53% of its holding in ITCL to its shareholders.

Frontline Ltd. - Oil & Gas - Deals and Alliances Profile

Summary

Frontline Ltd. (Frontline) is a crude oil shipping company. It is engaged in the ownership and operation of oil tankers including oil, bulk and ore (OBO) carriers. The company is also involved in the charter, purchase and sale of vessels. It operates tankers of two sizes: very large crude carriers (VLCCs) and Suezmaxes. These tankers are used for seaborne transportation of crude oil in the international routes. The company’s principal operating locations include the Atlantic Basin, the Middle East and Southeast Asia. It is headquartered at Hamilton, Bermuda.

The Frontline Ltd. - Oil & Gas - Deals and Alliances Profile is an essential source for company data and information. The profile examines the company’s key business structure and operations, history and products, and provides summary analysis of its key revenue lines and strategy as well as highlighting the company’s major recent financial deals.

Scope

- Provides key company information for business intelligence needs
- Gives information on the company’s major recent financial deals including Mergers and Acquisitions, asset transactions, PE/VC deals, equity offerings, debt offerings and partnerships.
- Data is supplemented with details on the company’s history, key executives, business description, locations and subsidiaries as well as a list of products and services and the latest available company statement.

Reasons to buy

- A quick ""one-stop-shop"" to understand the company.
- Support sales activities by understanding your customers’ businesses.
- Qualify prospective partners and suppliers.
- Understand and respond to your competitors’ business structure, strategy and prospects through.
- Understanding the key deals which have shaped the company.