Exhibit 8.1
Significant Subsidiaries at March 21, 2014
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 | % |
Vista International Finance Inc | 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 | 5.4 | % |