Profits at John Fredriksen’s tanker bellwether Frontline crashed back in a weaker first quarter. But the major US and Oslo-listed VLCC and suezmax owner said it is business as usual for shipping in ...
Frontline has cut its interest costs with a huge new loan to refinance the 24 modern VLCCs it bought from Euronav in 2023. The John Fredriksen-controlled company said it had entered into a new secured ...