Frontline to Sell Two VLCC Vessels for $270 Million

11:22 PM EDT, 08/04/2026 (MT Newswires) -- Frontline (FRO.OL) agreed to sell two Very Large Crude Carrier, or VLCC, vessels for $270 million. The oil tanker company said in a Tuesday release that the sale is expected to result in net cash proceeds of $179 million. The 2017-built vessels are expected to be delivered to the buyer in the third quarter. The sale remains subject to customary closing conditions.