Frontline enters the red in dismal tanker market

Tanker carrier Frontline takes a dive into the red in the second quarter in a tanker market where a considerable proportion of the fleet is sailing at negative rates. "This is not sustainable," notes CEO Lars H. Barstad in the financial report.
Photo: Frontline
Photo: Frontline

John Fredriksen-controlled tanker carrier Frontline exits the second quarter with red figures on the bottom line and a top line slashed in half.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
Must contain at least 6 characters
Must contain at least 2 characters
Must contain at least 2 characters

Get full access for you and your coworkers

Start a free company trial today

Share article

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Newsletter terms

Front page now

Further reading