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Analyst expects strain on earnings for Frontline, Hunter and Nordic American Tankers

With new coronavirus lockdowns and output cuts at OPEC+, the next six months could take a toll on tanker operators' earnings. This applies to Frontline, Hunter Group and Nordic American Tankers, Cleaves Securities tells E24.

Photo: Cleaves, Harald Fonahn 2019

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One third of Lim family ships have new owners

Around one third of the ships controlled by Hin Leong founder O.K. Lim and his family have new owners, Reuters reports. The rest of the ships are expected to be sold by the end of the year.

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