Frontline finishes yet another red quarter

Norwegian Frontline presented a net deficit of USD 36.4 million in its 3rd quarter interim report, but there are signs of progress compared to the 2nd quarter.

BY JØRGEN RUDBECK

With a net deficit of USD 36.4, Norwegian Frontline once again has to sign off on a negative interim report. But there are signs of significant progress compared to the 2nd quarter, where the company suffered a USD 120.7 million deficit. The operating result for the quarter came to a USD 21 million deficit.

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Frontline finishes yet another red quarter

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Frontline proposes VLCC scrapping fund

Frontline 2012 helped by cancelled newbuildings

Frontline 2012 divests eight new VLCC's

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Front page now

Jan Rindbo warns against tunnel vision: "The honest answer is that none of us know what we'll be sailing on"

A simple reason could explain low dry bulk rates despite good demand

Dubai challenges Singapore as shipping's favorite city

Opinion: Europe's key ports have become better connected after Covid

Cosco to build production chain for green methanol

Russia’s diesel ban threatens to roil global markets – if it lasts

TotalEnergies chief exec: Unreasonable to ban Russian LNG before 2025

John Fredriksen has increased his wealth by NOK 81bn this year

Hapag-Lloyd rolls out Starlink internet to entire fleet

European Energy gets new partner for methanol plant

CMA CGM and Maersk will need help in new green lobbying alliance

Habben Jansen calls on energy majors to do more for the green transition

Further reading

Chief executive: Bolloré acquisition will transform Ceva's air cargo business

Dubai challenges Singapore as shipping's favorite city

Jan Rindbo warns against tunnel vision: "The honest answer is that none of us know what we'll be sailing on"

Carsten Mortensen wants to build green reefer ship for banana export

Cosco to build production chain for green methanol

Hapag-Lloyd were in talks to acquire state-owned port company

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