Company Introduction (Ticker: FRO)

Last updated: 2025-01-28

Frontline Plc, traded under the stock ticker "FRO", is a leading international shipping company that specializes in the transportation of crude oil and oil products. The company is incorporated in Bermuda and operates globally, with a significant presence in the international seaborne oil transportation market. Frontline Plc owns and operates a large fleet of vessels, including Very Large Crude Carriers (VLCCs), Suezmax tankers, and LR2/Aframax tankers. These vessels are designed to transport large volumes of crude oil and oil products across long distances. The company's fleet is one of the most modern and versatile in the world, enabling it to meet a wide range of customer needs. Frontline Plc's business model is based on providing safe, high-quality, and reliable transportation services to its customers, which include major oil companies, refiners, and traders. The company's operations are characterized by high operational efficiency and strict adherence to environmental and safety standards. In addition to its core shipping business, Frontline Plc also provides ship management services through a subsidiary. These services include technical management, crewing, and commercial management, among others. Frontline Plc is listed on the New York Stock Exchange and the Oslo Stock Exchange. The company's performance is closely tied to global oil demand and the dynamics of the international oil transportation market.