{"id":37505,"date":"2024-01-15T03:07:30","date_gmt":"2024-01-15T00:07:30","guid":{"rendered":"https:\/\/www.al-sindbad.net\/frontline-offloads-its-five-oldest-vlccs\/37505\/"},"modified":"2024-01-15T03:07:30","modified_gmt":"2024-01-15T00:07:30","slug":"frontline-offloads-its-five-oldest-vlccs","status":"publish","type":"post","link":"https:\/\/www.al-sindbad.net\/frontline-offloads-its-five-oldest-vlccs\/37505\/","title":{"rendered":"Frontline offloads its five oldest VLCCs"},"content":{"rendered":"<p><\/p>\n<p>John Fredriksen\u2019s Frontline has confirmed the disposal of its five oldest VLCCs. The New York-and Oslo-listed tanker giant will be shipping out the units built in 2009 and 2010, to an unnamed buyer during the first quarter of 2024. The deal worth $290m is expected to generate net cash proceeds of about $207m, with a &#8230;<\/p>\n<\/p>\n<p>splash247<\/p>\n","protected":false},"excerpt":{"rendered":"<p>John Fredriksen\u2019s Frontline has confirmed the disposal of its five oldest VLCCs. The New York-and Oslo-listed tanker giant will be shipping out the units built in 2009 and 2010, to an unnamed buyer during the first quarter of 2024. The deal worth $290m is expected to generate net cash proceeds of about $207m, with a &hellip;<\/p>\n","protected":false},"author":1,"featured_media":37506,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[59],"tags":[80,507,706,1222,1564,430],"class_list":["post-37505","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-port-news","tag-cyprus","tag-frontline","tag-norway","tag-offloads","tag-oldest","tag-vlccs"],"_links":{"self":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/37505","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/comments?post=37505"}],"version-history":[{"count":0,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/37505\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media\/37506"}],"wp:attachment":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media?parent=37505"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/categories?post=37505"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/tags?post=37505"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}