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ShippingWatchTuesday3 October 2023
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Tanker

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.
Photo: Richard Drew/AP/POLFOTO/arkiv
Photo: Richard Drew/AP/POLFOTO/arkiv
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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Latest news

  • Bunker Holding is now able to supply biofuel to 80 ports –
  • Unifeeder invests in new methanol-ready vessels –
  • French DB Schenker rival aims to close "white spots" on the world map –
  • MSC får medhold i første sag om trængselsgebyr til kunde –
  • Lloyd's Register and partners have designed environmentally friendly bulk carrier –
  • Aker Solutions, Subsea 7 and SLB creates new joint venture –
  • Norway considers denying suspicious tankers access to its ports –
  • US dockworkers union files for bankruptcy after prolonged dispute –
  • "I just don't understand what they will do with all the conventional ships" –
  • MSC acquires 50 percent of Italian railway company –
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  • Lifting Engineer – Offshore Wind Industry

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