---
title: "Key facts: Frontline Plc sells eight ECO VLCCs for $831.5M; acquires nine new ones for $1.2B"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/277243857.md"
description: "Frontline Plc is selling eight older ECO VLCCs for $831.5 million and acquiring nine new scrubber-fitted ECO VLCCs for $1,224.0 million.1Frontline Plc has a 'strong buy' rating from analysts, with a 12-month price target of $30.00, about 24.3% below its last close of $37.28.2Frontline anticipates lower spot time charter equivalents (TCEs) in Q1 2026 due to ballast days, while noting a constructive market environment driven by oil demand and fleet supply imbalance.3"
datetime: "2026-02-27T20:04:31.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/277243857.md)
  - [en](https://longbridge.com/en/news/277243857.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/277243857.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/277243857.md) | [繁體中文](https://longbridge.com/zh-HK/news/277243857.md)


# Key facts: Frontline Plc sells eight ECO VLCCs for $831.5M; acquires nine new ones for $1.2B

-   Frontline Plc is selling eight older ECO VLCCs for $831.5 million and acquiring nine new scrubber-fitted ECO VLCCs for $1,224.0 million.1
-   Frontline Plc has a 'strong buy' rating from analysts, with a 12-month price target of $30.00, about 24.3% below its last close of $37.28.2
-   Frontline anticipates lower spot time charter equivalents (TCEs) in Q1 2026 due to ballast days, while noting a constructive market environment driven by oil demand and fleet supply imbalance.3

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