Tanker

Analyst projects golden years ahead for Frontline

With an extra 24 supertankers in its fleet after the Euronav deal, operator Frontline stands to profit from a record market in the coming years, says Clarksons.
Norwegian-Cypriot shipping magnate John Fredriksen, whose tanker company Frontline stands to win big in a strong oil market. | Photo: Ints Kalnins/Reuters/Ritzau Scanpix
Norwegian-Cypriot shipping magnate John Fredriksen, whose tanker company Frontline stands to win big in a strong oil market. | Photo: Ints Kalnins/Reuters/Ritzau Scanpix
by JENS THOMSEN

Solid demand for oil and a tight supply of capacity in the tanker market are likely to create golden years for the John Fredriksen-owned tanker operator Frontline.

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