The start to 2020 has felt like a horror movie to Frontline's CEO

As high-flying as the end of 2019 was, as suddenly the tanker market has plunged in early 2020. Frontline CEO Robert Hvide Macleod says it at times has felt like "a horror movie". But the shipping company is still making money in today's market, he notes.

Photo: Frontline / PR

There has been a change in the tanker market from the start of the year, as the coronavirus outbreak most recently created severe headwinds and a challenging market for the shipping companies.

This was how Frontline CEO Robert Hvide Macleod began a teleconference following the publication of the company's interim report for the fourth quarter 2019.

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