Frontline reports best quarter in a decade, but eyes problems ahead

Like most of its competitors, Frontline had a fantastic first quarter. But CEO Robert Hvide Macleod warns of clouds on the horizon.

by NIKLAS KRIGSLUND

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.

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Frontline CEO projects billion-dollar profit
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Close to 350 product tankers are being used as floating storage
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Frontline reports best quarter in 11 years
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