Complete Maritime Profile & Reviews of Uri
IMO: 9248497
Crude Oil Tanker, Comoros
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Vessel Details
MMSI
620999316
Callsign
D6A3315
Width
60.0 m
Length
330.0 m
Reviews (1)
Ronald
2024-09-21
Position: Medical Officer
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Latest News (1)
Frontline Ltd. Ends Long-Term Charters for Three VLCCs
Frontline Ltd. has announced a strategic decision to terminate its long-standing charter agreements with Ship Finance International Limited concerning three Very Large Crude Carriers (VLCCs): the Front Page, Front Serenade, and Front Stratus. This termination will occur upon the sale and subsequent delivery of the vessels to an unrelated third party by Ship Finance. As part of this agreement, Frontline will compensate Ship Finance with a total of $10.125 million, structured in three promissory notes. With this payment, both Frontline and Ship Finance Limited will be released from any further obligations related to these VLCCs. The completion of these transactions is anticipated within the third quarter of 2018, marking a pivotal step in Frontline's strategic fleet management.
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