EX-8.1 2 exbibit81.htm Exbibit 8.1


Exhibit 8.1
Significant Subsidiaries at March 21, 2013
Name
Country of
Incorporation
Ownership and
Voting Percentage

Frontline Shipping Limited
Bermuda
100
%
Frontline Shipping II Limited
Bermuda
100
%
Key Chartering Inc
Liberia
100
%
Frontline Chartering Services Inc
Liberia
100
%
Frontline Management (Bermuda) Ltd
Bermuda
100
%
ICB Shipping (Bermuda) Limited
Bermuda
100
%
Frontline Tankers Limited
Bermuda
100
%
Frontline Corporate Services Ltd
United Kingdom
100
%
Independent Tankers Corporation Limited
Bermuda
82.47
%
Buckingham Shipping Plc
Isle of Man
100
%
Buckingham Petro Limited
Isle of Man
100
%
Caernarfon Shipping Plc
Isle of Man
100
%
Caernarfon Petro Limited
Isle of Man
100
%
CalPetro Tankers (IOM) Ltd
Isle of Man
100
%
CalPetro Tankers (Bahamas I) Ltd
Bahamas
100
%
CalPetro Tankers (Bahamas II) Ltd
Bahamas
100
%
Golden State Petro (IOM I-A) PLC
Isle of Man
100
%
Golden State Petro (IOM I-B) PLC
Isle of Man
100
%
Holyrood Shipping Plc
Isle of Man
100
%
Holyrood Petro Limited
Isle of Man
100
%
Sandringham Shipping Plc
Isle of Man
100
%
Sandringham Petro Limited
Isle of Man
100
%
Front Hermod Inc
Liberia
100
%
Front Ran Inc
Liberia
100
%
Golden Channel Corporation
Liberia
100
%
Kea Navigation Ltd
Liberia
100
%
Otina Inc.
Liberia
100
%
Optimal Shipping SA
Liberia
100
%
Bandama Investment Ltd
Liberia
100
%
Sea Team Management Pte. Ltd
Singapore
75
%
Sea Team Management (India) Pvt. Ltd
India
99
%
Chatham Ship Management, Inc.
Liberia
100
%
Frontline Management AS
Norway
100
%
Frontline 2012 Ltd.
Bermuda
6.3
%