Tanker

Frontline increases bet on tanker market: buys more ships

John Fredriksen's Frontline buys three new tanker vessels, set for delivery in the years to come. CEO says that the acquisitions reflect "Frontline's focus on increasing our exposure to the tanker market."
Robert Hvide Macleod, CEO i Frontline. | Photo: Frontline
Robert Hvide Macleod, CEO i Frontline. | Photo: Frontline
by CHRISTIAN CARLSEN

Frontline, controlled by John Fredriksen, has great expectations for the tanker market, and this has made the shipping company order three newbuilds.

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