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Frontline's scrubber manufacturer merges with competitor

Scrubber manufacturers Clean Marine and FMSI, partly owned by Frontline, will merge just a few months before the new global sulfur cap comes into force. With this merger, the parties say they can increase production and shorten delivery times.

Frontline drops buying more Trafigura ships: Focus on supertankers

Tanker shipping company Frontline, controlled by John Fredriksen, will not exercise its option to purchase four more ships from Trafigura. Instead, it will focus on expanding its VLCC fleet. Fredriksen recently said that the company is in talks to buy a larger VLCC fleet.

Fredriksen prepared to buy supertanker fleet from competitor

Shipping magnate John Fredriksen is in talks with a "major player" to purchase the company's fleet of VLCC ships, he says only a few days after his tanker carrier Frontline made public its acquisition of up to 14 suezmax vessels from Trafigura. (updated)

Frontline projects a significant surge in tanker rates

Frontline CEO Robert Hvide Macleod says that Friday's deal with Trafigura "ticks all the boxes." It comes at a time when the Norwegian crude oil ship operator expects to see a significant surge in rates, he tells ShippingWatch.

Frontline buys a series of suezmax tankers from Trafigura

Frontline has agreed to buy a fleet of suezmax tanker vessels from commodity trading house Trafigura. The transaction comes less than two weeks after Frontline and another Fredriksen-controlled company announced a joint venture with Trafigura.

Gulf of Oman tanker attack could spike rates

Last week's attack on two tanker vessels in the Gulf of Oman could cause tanker rates to spike significantly in the region, estimates analyst firm Platts. The increased risk could also cause an increase in insurance premiums.

Frontline hesitant to send more ships to the Gulf of Oman

Frontline is exercising "extreme caution" when it comes to sending more ships through the Gulf of Oman following last week's attack on two tanker vessels. Both vessels are now in the United Arab Emirates, while Frontline's crew is in Dubai.

This week's top stories on ShippingWatch

Two tankers were attacked in the Gulf of Oman Thursday, it is still unknown who is to blame. OW Bunker's former CEO in Singapore, Lars Møller, is going to prison for five years, Get an overview of this week's top picks.

Frontline tanker attacked in waters off Fujairah

Vessel Front Altair, owned by John Fredriksen's tanker shipping company Frontline, is among two ships attacked off the coast of Fujairah in the Gulf of Oman. The crew of the Frontline vessel has been picked up, sources tell ShippingWatch.

55 new supertankers could hit the water this year

A large number of VLCC newbuilds is expected to hit the water this year, and the scrapping of older vessels could also slow down. Yet Frontline CEO Robert Hvide Macleod still expects a "moderate fleet growth," he tells ShippingWatch.

Frontline CEO sees signs of growth for tanker in 2019

After a strong start to 2019, Frontline and CEO Robert Hvide Macleod expect a tanker market that will overall perform better than last year. However, the number of new ships set for delivery this year represents just one of several concerns.

Frontline reports strong start to 2019

Despite a double-digit million dollar profit for the fourth quarter, 2018 finished with a deficit for tanker shipping company Frontline. But 2019 is off to a strong start, with VLCC rates especially getting a boost, says CEO.

Prospect of fleet growth curbs Frontline's optimism

The market for the major crude oil tankers has turned around, says Frontline CEO Robert Hvide Macleod in a comment to ShippingWatch. But OPEC and fleet growth in 2019 stand as two jokers in terms of whether the market will become really strong.

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