FRO

Frontline is one of the world's largest oil tanker shipping companies, operating a fleet of Very Large Crude Carriers (VLCCs) and Suezmax tankers that transport crude oil globally. The company's business model is heavily influenced by fluctuations in oil tanker rates, oil demand, and global trade patterns. Headquartered in Hamilton, Bermuda with operations managed from Norway, Frontline serves major oil companies, refiners, and trading houses worldwide. The tanker shipping industry is cyclical, with freight rates and vessel values affected by factors including OPEC production decisions, global economic growth, and environmental regulations.