Frontline targets growth in VLCCs
Frontline is eyeing growth in the very large crude carrier segment following on from its suezmax deal with Trafigura. It is expecting an immediate benefit from the 10 suezmaxes it bought from the commodity trading house when they deliver within September
The John Fredriksen-owned company is continuing to trade in the Middle East with ‘heightened security’, says chief executive Robert Macleod