November 13, 2015 / 12:12 PM / 4 years ago

BRIEF-Frontline terminates long term charter for tanker Mindanao

Nov 13 (Reuters) - Frontline :

* Says agreed with Ship Finance International Limited to terminate the long term charter for Suezmax tanker Mindanao

* Says will receive a compensation payment of approximately $3.3 million from Ship Finance for termination of current charter

* Following this termination, the number of vessels on charter from Ship Finance will be reduced to 14 vessels, including 12 VLCCs and two Suezmax tankers Source text for Eikon: Further company coverage: (Reporting By Oslo Newsroom)

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