Like several other tanker companies, Frontline’s results are also up strongly in the first quarter of this year.
This is partly because the war in Ukraine has led to crude oil and refined oil products now being imported into Europe from countries further afield than Russia, according to Frontline’s first quarter accounts, published this morning.
Already a subscriber? Log in.
Read the whole article
Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers.
Start a free company trial todayMore from ShippingWatch
Oaktree representative steps down from Hafnia's board
A representative of private equity firm Oaktree is leaving the board of Hafnia.
Container spot index 16% lower than a year ago
Spot rates are declining – 3% in the last week alone – and Drewry predicts further decreases in prices on the container market are to come.
Refinancing of Borr Drilling requires new equity injection
Refinancing of Borr Drilling requires an additional equity injection and loan extensions. The embattled drilling firm hopes to land an overall financing solution later in July.
Clipper turns loss into profit in Danish company – "sensible progress" within dry bulk
Clipper’s Danish company Clipper Group, which includes RoRo carrier Seatruck Ferries, has turned red figures into the biggest profit in five years. The large dry bulk business, which Clipper does not disclose any numbers for, has progressed the last year and a half, says top exec.
CMA CGM to lower freight rates – but only for domestic customers
The world’s third largest container carrier responds to the French Ministry of Finance’s call by lowering container rates by approximately 10% for French retail chains, writes Reuters.
Experienced Bunker Trader - Dubai 
Accountant Assistant - Creditor & Payment Team 
Senior Sales Manager 
Head of Airfreight 
Senior Legal Counsel with a focus on Offshore Renewables 
Head of Vessel Operations 
Safety Leadership & Transformation Manager 
Technical Security Manager 
Crewing officer