Frontline delivers USD 31 million profit
The prospects for John Fredriksen's long-suffering tanker carrier Frontline have significantly improved with big help from a strong tanker market, writes management in the interim report Friday.
BY OLE ANDERSEN
John Fredriksen's revitalized tanker carrier Frontline achieved a net result of USD 31.1 million in the first quarter 2015 compared to a deficit of USD 13 million in the previous quarter.
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