The Tanker industry has seen a resurgence in recent months due to geopolitical events and rising oil prices. Euronav NV has a takeover bid from its largest shareholder, CMB. Frontline plc is acquiring ...
The marine shipping industry has rebounded impressively over the past few years, and riding this wave is Frontline (FRO), a Cyprus-based seaborne transporter of oil. The company possesses a fleet of ...
After acquiring 24 Euronav vessels, Frontline owns the youngest and the largest VLCC fleet. For the last few years, Frontline has improved its solvency and liquidity. The company's profitability is ...
Frontline Plc (NYSE:FRO) reported a third-quarter FY23 revenue decline of 1.3% year-over-year to $377.085 million, beating the consensus of $249.41 million. Reported spot TCEs for VLCCs, Suezmax ...
It's a complex time for the global shipping industry. On one hand, demand for products across multiple categories continues to spike, and a recent report has suggested the industry will grow at a CAGR ...
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