Frontline has made a major investment in its eco-ship fleet. And in future the fleet may include container ships operated more environmentally friendly.
“With Frontline aiming to focus on high quality, modern, fuel efficient tonnage the next step could be container vessels where the fuel-savings are by far highest”, Arctic securities Analyst Erik Nikolai Stavseth tells Asiasis.
The analyst predicts that the yearly turnover of Frontline 2012 will show a steady growth from USD 10 million in 2012 to USD 13 million in 2013 and an even larger growth to USD 34 million in 2014 and USD 167 million in 2015 based on the series of newbuildings ordered by Frontline 2012.
More from ShippingWatch
Torm has carried crude oil to take advantage of elevated prices
Rates on seaborne crude transportation have gone up due to new sanctions targeting Russia, prompting more product tanker operators, including Torm, to sail with crude oil.
Danish carrier fights against claim from former US partner
World Marine Offshore wants former partner’s major claim turned down in case about failed offshore wind agreement in the US.
Russian response to embargo could make oil historically expensive
It could have serious consequences for the world economy if Russia responds to Western sanctions by limiting its oil output, warns Jyske Bank.
Oldendorff invests in maritime IT company founded by Synergy top exec
Oldendorff Carriers has invested in a digital service provider assisting shipping companies with lowering carbon emissions. The company is founded by Synergy Group’s CEO.
Norway aims to activate grid-scale offshore wind by 2029
”I look forward to receiving input from the sector. We have no time to lose,” says energy minister upon opening the public consultation process for the two offshore wind sites.
Payroll Controller 
Head of Offshore Foundations Projects - offshore wind farm construction 
Accountant - Creditor and Payment. Nordhavn, Copenhagen 
Claims Executive - Skuld Copenhagen 
Head of Fuel Concepts 
Consultant to the maritime industry 
Head of Sales and Marketing