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
07 August 2026

Asia export finance: More grey than green

Asia’s export finance market is open and institutionally committed — but quieter on volume, stricter on content, and leaning on LNG and strategic supply chains rather than a...

Perspective
14 August 2026

ECA volumes cruise well in H1

With a total aggregated debt volume of $70.8 billion in the first half this year, ECA activity was solid but not necessarily in the sectors it needs to be to realise the race...