Suezmax pair ordered by FRO

These vessels are expected to be delivered in February

and

May 2013. Frontline has also secured options for two similar Suezmax newbuildings. The contract price for the newbuildings is 15-20% lower than the indicated price levels for 2010 delivered tonnage.

The company also took delivery of the two 2009-built VLCCs,

Front Eminence

and

Front Endurance

, in June 2010. In addition, the third VLCC newbuilding from Shanghai Waigaoqiao Shipbuilding,

Front Cecilie

, was delivered according to schedule on 10 June, 2010.