Frontline decries ‘astonishing’ share of tankers in illicit trades
Tanker fleet ageing, with 16.5% of top three size classes 20 years or older
John Fredriksen’s Frontline said sanctioned oil trading has continued to hurt its market with 6% of global VLCCs, suezmaxes and aframax/LR2s reportedly sanctioned by the US Office of Foreign Assets Control