Tanker

Frontline faces a fourth quarter with significant rate drops

John Fredriksen's Frontline has so far seen rates subside in the fourth quarter and fleet earnings are set to decrease further in the time to come. The shipping company has just signed new loan agreements.
Photo: Frontline
Photo: Frontline
by SØREN PICO

Tanker shipping company Frontline expects to see a further drop in earnings for its fleet in the weeks to come.

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