Frontline chief executive Lars Barstad managed to differentiate himself from his fellow tanker owners on a Marine Money Week panel on Tuesday, but quickly realised he should probably stay away from baseball metaphors to make the point.
While tanker CEOs such as Mikael Skov of Hafnia, Anthony Gurnee of Ardmore Shipping and Carlos Balestra di Mottola of d’Amico International Shipping celebrated the impact of a sustained strong tanker market on their delevered balance sheets, Barstad noted Frontline’s contrarian path.
