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Investigators to arrest five people after fatal yard explosion

Warrants for arrest have been issued for five people in the wake of an explosion at the South Korean shipyard STX Offshore where four people were killed, reports news agency Yonhap.

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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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