Frontline to Sell 8 VLCCs, Acquire 9 Newbuilds in $2B Fleet Overhaul.
ByAinvest
Saturday, Jan 10, 2026 2:38 am ET1min read
FRO--
Frontline, a shipping company, plans to sell eight Very Large Crude Carriers (VLCCs) for $831.5M and acquire nine new VLCCs for a deal worth over $2B. The company aims to modernize its fleet with the acquisition of newer, more efficient vessels. The deal is part of a broader effort to overhaul its fleet and reduce costs.
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