Frontline 2012 to seek 2014 New York listing

Norwegian Frontline 2012 is preparing to seek a listing on the New York Stock Exchange a year from now, after presenting a net profit of USD 23.9 million in the 3rd quarter 2013.

BY KATRINE GRØNVALD RAUN

Rapidly growing Fredriksen-owned carrier Frontline 2012 continued the solid developments from the previous quarter and achieved a net profit of USD 23.9 million in the 3rd quarter 2013. A slightly lower result than the previous quarter, where the carrier made USD 37.9 million, primarily due to canceled newbuilding contracts.

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