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Tankers and Gas Frontline Sale and Purchase

Frontline to buy 10 suezmaxes from Trafigura

Frontline closed a deal today to buy 10 2019-built suezmax tankers from Trafigura Maritime Logistics, after securing $544m in financing from Chinese bank ICBC Leasing earlier this month

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The finance deal, at Libor plus 2.3% interest, gives Frontline purchase options throughout the seven-year term

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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