JP Morgan is believed to have made its debut in VLCC ownership, inking a newbuilding contract for up to four big tankers ...
VLCC freight rates surged to multi-year highs due to rising oil flows, longer voyages, sanctions, and geopolitical tension. South Korea’s Sinokor and MSC-linked buyers have gained control of roughly ...
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Frontline (FRO), the world’s largest VLCC tanker operator, reported trailing-12-month revenue of $1.97 billion and adjusted Q4 net income of $230 million ($1.03 per share), with average daily spot ...