History
Frontline Ltd. (NYSE: FRO (http://www.nyse.com/about/listed/lcddata.html?ticker=FRO)) was founded as Frontline AB in 1985, and listed on the Stockholm Stock Exchange. In 1997 the company moved from Sweden to Bermuda, and listed its stock on the Oslo Stock Exchange in Norway. After a merger in 1998, the company has also been listed on the London Stock Exchange and on NASDAQ.
Today
As of 2004, Frontline is the world's largest tanker company. The company's fleet consists of 66 tankers, totaling 16.4 million dead weight tons. The company's largest shareholder is Hemen Holding Ltd., a company indirectly controlled by the chairman of Frontline, billionaire John Fredriksen, Norway's highest net worth person.
Management
- Chairman, President, and CEO: John Fredriksen
- CFO, Frontline Management: Tom E. Jebsen
External Links
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