Norwegian tanker ship operator Frontline delivered its best quarterly result in a decade, and the company thus follows in the footsteps of its competitors, all of which have presented large profits in recent weeks.
The adjusted income came to a profit of USD 179.4 million in the first quarter of 2020, compared to a profit of USD 40 million in the same period last year. The shipping company, listed in New York and Oslo, pays out dividends of 70 cent per share.
Already a subscriber? Log in.
Read the whole article
Get 14 days free access.
No credit card required.
Get full access for you and your coworkers.Start a free company trial today
Your trial for ShippingWatch has now started
With your free trial you get:
Full access to all locked articles on ShippingWatch.
Daily newsletter and ongoing top-newsletters. You can unsubscribe and subscribe to our newsletters anytime.
When your trial period expires
You will not be transferred to a paid subscription.
You will continue to receive our newsletters after the trial period expires. You can unsubscribe at the bottom of each newsletter.