OSLO (Bloomberg) ? Shares of Frontline Ltd., the world?s biggest oil-tanker operator by capacity, rose the most in eight weeks after the company said the sale of a supertanker will make a profit of about $59 million.

Bermuda-based Frontline sold the , which can carry about 2 million barrels of oil, for $141.5 million.

The shares increased 10.25 kroner, or 4.3 percent, to 249.5 kroner as of 3.19 p.m. in Oslo, valuing the company at 18.7 billion kroner ($2.85 billion).