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.
