Frontline News

Shares of oil tanker company Frontline Ltd rallied 8% on Friday following a better than expected earnings report.

Frontline Ltd stock rose 3.82 percent to $5.17 in pre-market session. It reported that its net income attributable to the company for the first quarter lowered to $7.2 million down from $15.47 million in the same quarter last year.

Please find enclosed theA presentation of Frontline Ltd.'s first quarter 2012 results.

Cheniere Energy Partners introduces a couple of new credit facilities which comprise approximately $2 billion, in connection with the construction of the Sabine Pass liquefaction project, as a part of the firm's assertive fund raising efforts to build the natural gas export facility.

Ship Finance International Ltd, which owns and operates a fleet of ship, reported a rise in first-quarter profit on a new cash-sweep agreement with tanker firm Frontline Ltd .

FRONTLINE 2012 LTD. FIRST QUARTER 2012 RESULTS Highlights * Frontline 2012 reports net income of $2.4 million and earnings per share of $0.02 for the first quarter of 2012.

In trading on Wednesday, shipping shares were relative laggards, down on the day by about 2.9%. Helping drag down the group were shares of Eagle Bulk Shipping , off about 13.9% and shares of Frontline Limited off about 8.7% on the day.

Frontline Ltd.'s first quarter 2012 results will be released on Friday May 25, 2012.

The biggest hedge fund in shipping is turning bullish on the largest oil tankers for the first time in four years as the U.S. push toward energy independence provides China with a greater share of global crude supply.

Okay the release of the DKE 2012 House Ratings Chart changed this diary half way through so hopefully it isnt too garbled.

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Shipping stocks as represented by the Guggenheim Shipping ETF have been strong this year, up almost 15% YTD.

Shipping magnate John "Big Wolf" Fredriksen has quietly bought a dozen new, fuel efficient tanker vessels in recent months and said he may spend billions of dollars more as the global shipping crisis has created opportunities too good to pass up.

Frontline Ltd. announces the filing of its annual report on Form 20-F for the year ended December 31, 2011.