ShippingWatch

Frontline 2012 CEO: The right time for a new fleet

Frontline 2012 wants to grow significantly in the years to come, with plans to become a leading player in the market for commodity transports. Now is just the right time for major growth, which means a newbuilding programme of 53 new ships, says CEO Jens Martin Jensen to ShippingWatch.

Many big players hesitate to expand in a tank and dry bulk market that is not exactly bursting with the potential for massive growth. But not Frontline 2012. The John Fredriksen-owned shipping company announced yesterday that it plans to expand its fleet to become a leading player in the market for commodity transports over the next three years. The company is also aiming to become stock listed in the United States during the next 10-16 months. The strategy is simple, says Jens Martin Jensen, CEO of Frontline 2012, ShippingWatch.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Related articles

Latest news

See all jobs