Frontline reports best quarter in 11 years

Frontline's net earnings came to USD 108.8 million in the fourth quarter 2019, the highest result in more than 11 years. 2020 has started off well, but the coronavirus outbreak creates uncertainty, says CEO Robert Hvide Macleod.

Photo: Frontline / PR

The last quarter of 2019 was the best one in many years for Norway's Frontline, which reports net earnings of USD 108.8 million, shows the financial report Thursday.

In fact, the result has not been this good for more than 11 years, the tanker shipping company writes. The positive trend has carried over into 2020.

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