FRO – Time Charter-Out Contracts for Seven VLCCs

Frontline plc (“Frontline” or the “Company”) (NYSE and OSE: FRO) is pleased to announce that it has entered into one-year time charter-out agreements for seven of its VLCCs. The charters will commence during the period from late-January to April 2026 at a rate of $76,900 per day per vessel. Lars H. Barstad, Chief Executive Officer of Frontline Management AS, commented: “We are in unprecedented times, and these are charter-out-levels not seen for decades. Frontline remains largely spot exposed after these co ...