Tanker

Frontline is confident in prolonged tanker upswing

Tanker operator Frontline’s earnings increased in Q3, and CEO Lars H. Barstad predicts a ”prolonged strong cycle” in the tanker market.
Lars Barstad, CEO, Frontline. | Photo: Mats Finnerud
Lars Barstad, CEO, Frontline. | Photo: Mats Finnerud
by DANIEL LOGAN

Increasing rates in the spot market were a dominant factor in Q3’s markedly improved bottom line for tanker operator Frontline.

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