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OSLO (Bloomberg) - Frontline Ltd. agreed with Ship Finance International Ltd to terminate the long-term charter party between the companies for OBO carrier Front Leader. Frontline will make a compensation payment to Ship Finance of about $7.7 million...

LONDON (Bloomberg) Bermuda-based Frontline Ltd., the world’s largest operator of supertankers, posted a bigger-than-expected fourth-quarter loss and declared a dividend that missed estimates after charter costs plunged on a glut of vessels. The net l...

Bermuda-based Ship Finance International Ltd. has announced the successful completion of $125 million senior convertible bonds due in 2016. The bonds were marketed with an annual coupon range of 3.75 percent to 4.25 percent and with a conversion prem...

A 31-year-old Turkish mariner is being treated in King Edward VII Memorial Hospital for a broken arm after being airlifted off a cargo ship this morning. The sailor was winched off the merchant ship Askabat by a US Coast Guard helicopter just after 8...