Hunter raises earnings and negotiates new ship sale

Norwegian Hunter Group managed a slight profit despite decreased VLCC earnings, while the tanker operator is mentioned as a potential acquisition target of John Fredriksen-controlled Frontline. Hunter informs it is in negotiations to sell another ship.

by CHRISTIAN CARLSEN, MATHIAS BLÆDEL LORENZEN

Norwegian tanker operator Hunter Group, which is currently being talked about as an obvious acquisition target of John Fredriksen-controlled Frontline, may be about to sell another of the company's VLCC newbuilds.

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Hunter Group sells vessel for USD 98 million
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