News
28 November 2019

Frontline seals $544m financing with ICBC for Trafigura suezmaxes

In:
Oil & gas, Transport
Region:
Americas, Europe

Tanker owner Frontline has sealed a sale-and-leaseback deal worth up to $544 million with China’s ICBC Financial Leasing over ten suezmaxes. The 2019-built, scrubber-equipped suezmaxes were bought by Frontline from Trafigura in a $675 million deal, with options for an additional four...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Perspective
10 October 2025

Green shoots for green hydrogen as EIFO backs UK production

The outlook for the green hydrogen market has been challenged in recent years despite positive rhetoric from industry stakeholders. A consistent financing pipeline is yet to...

Perspective
17 October 2025

TXF Asia: Top takeaways

The top takeaways from Exile Asia: Agency, Energy and Infrastructure at Singapore’s Marina Bay Sands Expo and Convention Centre have emerged. From increased ECA flexibility to...