John Fredriksen's tanker bellwether Frontline has seen profit crash back in a weaker first quarter.
But the major US and Oslo-listed VLCC and suezmax owner said it is business as
John Fredriksen's tanker bellwether Frontline has seen profit crash 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 uncertain times, as rates climb again, due to sanctions pressure on the shadow fleet.
Net earnings were $33.3m,
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