ShippingWatch

Frontline CEO: Five strong tanker years ahead

Optimism in the soaring tanker marked is fueled further by the world's strongest player. Frontline CEO Robert Hvide Macleod explains in an interview with ShippingWatch that the market looks good for the next five years. The carrier will publish its results tomorrow, Wednesday.

Photo: DHT

Norwegian shipping magnate John Fredriksen is known for his strong sense of the markets, which means that he is usually on the spot when a solid business opportunity comes along.

Some might then add that Fredriksen's empire is currently under pressure on dry bulk, through Golden Ocean, and not least in the oil segment, where Seadrill for years has served as the major economic driver - until the collapsing oil price shattered this scenario in 2014.

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