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Hitt og þetta 29. september 2006

Frontline Ltd orders two new VLCC newbuildings from Jiangnan Shipyard

Nordic Business Report-September 29, 2006-Frontline Ltd orders two new VLCC newbuildings from Jiangnan Shipyard
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The Norwegian tanker shipping company Frontline Ltd said on Friday (29 September) that it has exercised an option to order two very large crude carriers (VLCCs) from the Jiangnan Shipyard in China.

Simultaneously with its exercise of the option Frontline sold the newbuilding contracts to a third party.

No details were disclosed, but Frontline said that the sale included "an element of profit".

Frontline on Friday also said that its affiliated company Ship Finance International Ltd has sold the VLCC Front Tobago for USD45m.

"Upon delivery of the vessel to the buyers, the long term charter party between Frontline and Ship Finance International Ltd will be terminated, and the latter will make a compensation payment for the early termination of the charter party," Frontline said.

One US dollar (USD) is worth approximately 0.52 British pounds (GBP).

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25 ára afmælistilboð VB – 50% afsláttur af áskrift

Afmælistilboð VB

Viðskiptablaðið er 25 ára og af því tilefni býðst nýjum áskrifendum að kaupa áskrift á 50% afslætti.
Afmælisverðið er aðeins 2.500 krónur.

Tilboðið er fyrir nýja áskrifendur. Núverandi áskrifendur geta bætt við sig áskrift á þessu verði. Gildir í 4 mánuði. Áskrifendur fá Viðskiptablaðið, Frjálsa verslun og Fiskifréttir sent ásamt vefaðgangi að vb.is og fiskifrettir.is