Ship Finance International Ltd (SFL.N)
2 Jul 2015
* Frontline has issued and delivered 55 million new shares to Ship Finance
* Announces changed charter agreement to strengthen balance sheet
OSLO, May 29 - Crude oil tanker firm Frontline posted first-quarter operating profit above expectations on Friday and said it had adjusted its charter deal with Ship Finance to strengthen its balance sheet.
* Frontline and Ship Finance International Limited agree on amended charter structure