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New Thorco Projects created in just four weeks

The new joint venture between Denmark's Thorco and United Heavy Lift (UHL) in Hamburg was established in just four weeks, explains Lars Rolner who through the Germany carrier brings significant expertise and engineering capacity to the collaboration.

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Frontline hit by weakest tanker market in four years

Over the third quarter, John Fredriksen's tanker carrier Frontline rejected unreasonable offers from customers, especially for the large VLCCs, which had a negative impact on the result, says CEO Robert Hvide Macleod.

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