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.

Photo: Highlander Tankers

The tanker market is headed for a doubling of US export volumes and VLCC rates since the beginning of the year.

This was the optimistic assessment offered up by the John Fredriksen-controlled tanker shipping company that published its annual report on Thursday last week.

Read the whole article

Get 14 days free access.
No credit card required.

  • 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

Alphaliner: HMM set to go private in 2022

The South Korean state is reportedly prepared to divest container line HMM after having rescued the company from bankruptcy in 2016. According to Alphaliner, South Korea's central administration has confirmed a plan to privatize the carrier in 2022.

Further reading

Related articles

Latest news

See all jobs