Frontline chief executive Lars Barstad foresees no major problems with tanker fleet growth out to 2025 as delivery windows narrow.
The boss of the John Fredriksen company said on a conference call that ordering was "obviously muted" during the third quarter, with just a single suezmax and eight LR2/aframaxes contracted among major vessel sizes.
"No VLCCs were reported ordered as far as we could see in the quarter," Barstad said.