Tanker

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.
Robert Hvide Macleod, CEO i Frontline. | Photo: Highlander Tankers
Robert Hvide Macleod, CEO i Frontline. | Photo: Highlander Tankers
by CHRISTIAN CARLSEN

A very difficult 2018 finished on a positive note, but it was still not enough to ensure a profit for tanker shipping company Frontline, which is controlled by John Fredriksen, shows the company's annual report, published Thursday.

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