Frontline presents solid Q2 profit ahead of merger with Euronav

Tanker operator Frontline landed a net profit of USD 42m in the second quarter. Frontline is in the process of merging with Belgian competitor Euronav.

Frontline's CEO, Lars H. Barstad. | Photo: Mats Finnerud

by JENS THOMSEN

John Fredriksen-controlled tanker carrier Frontline closed the second quarter with an adjusted net profit of USD 42.2m from revenue of USD 300.4m, according to a statement on the Q2 report.

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