Page 2 - Front Fusion News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from Front fusion. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In Front Fusion Today - Breaking & Trending Today

Frontline Ltd.: FRO - First Quarter 2021 Results

Frontline Ltd. (the "Company" or "Frontline"), today reported unaudited results for the three months ended March 31, 2021: Highlights Net income of $28.9 million, or $0.15 per diluted share for ....

United States , South Korea , Larsh Barstad , James Oshaughnessy , John Fredriksen , Ola Lorentzon , Ingerm Klemp , Hyundai Heavy Industries In Korea , Company Or Frontline , Exchange Commission Or , Frontline Ltd , Front Fusion , Interim Chief Executive Officer , Frontline Management , Hyundai Heavy Industries , Chief Financial Officer , Private Securities Litigation Reform Act , Corrupt Practices Act , Exchange Commission , Norwegian Securities Trading , Time Charter Equivalent , ஒன்றுபட்டது மாநிலங்களில் , தெற்கு கொரியா , ஜேம்ஸ் ஓஷ்ௌஊக்னெஸ்ஸி , ஹூண்டாய் கனமான தொழில்கள் இல் கொரியா , நிறுவனம் அல்லது முன்னணி ,

Frontline Reports First Quarter Net Income of $28.9 Million; Expects Revenue Improvement on Fleet Growth

Frontline Reports First Quarter Net Income of $28.9 Million; Expects Revenue Improvement on Fleet Growth
Frontline Ltd., yesterday reported unaudited results for the three months ended March 31, 2021:
Highlights
• Net income of $28.9 million, or $0.15 per diluted share for the first quarter of 2021.
• Adjusted net income of $8.8 million, or $0.04 per diluted share for the first quarter of 2021.
• Reported total operating revenues of $194.0 million for the first quarter of 2021.
• Reported spot TCEs for VLCCs, Suezmax and LR2 tankers in the first quarter of 2021 were $19,000, $15,200 and $12,000 per day, respectively.
• For the second quarter of 2021, we estimate spot TCE on a load-to-discharge basis of $18,100 contracted for 70% of vessel days for VLCCs, $13,600 contracted for 63% of vessel days for Suezmax tankers and $14,200 contracted for 59% of vessel days for LR2 tankers. We expect the spot TCEs for the full second quarter of 2021 to be l ....

South Korea , Larsh Barstad , Hyundai Heavy Industries In Korea , Frontline Ltd , Front Fusion , Interim Chief Executive Officer , Frontline Management , Hyundai Heavy Industries , தெற்கு கொரியா , ஹூண்டாய் கனமான தொழில்கள் இல் கொரியா , முன்னணி லிமிடெட் , இடைக்கால தலைமை நிர்வாகி அதிகாரி , முன்னணி மேலாண்மை , ஹூண்டாய் கனமான தொழில்கள் ,