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Historic oil volumes and the belief in profits caused Trafigura to sell its ships

As a shareholder in both Frontline and Scorpio Tankers, Trafigura might be able to make a quick profit in a market, in which the inauguration of major oil field Johan Sverdrup in a few weeks is boosting spirits among tanker shipping companies. But the role of shareholder also comes at a risk.

Rasmus Bach Nielsen, global head of wet freight at Trafigura. He previously worked for Navig8. Photo: PR / Trafigura

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