Frontline chief eyes VLCCs as next investment
Frontline's chief executive Robert Macleod said he would choose very large crude carriers if pressed. Speaking on a webinar, he said he had little interest to invest in newbuildings at this point in the tanker cycle
The company's chief Robert Macleod expects tanker rates to rise once oil demand returns. He also noted that a low orderbook to fleet ratio and scrapping of older vessels would support the market
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