Frontline's top executive has backed up his belief in the company by adding to his shareholding.
The company said in an Oslo stock exchange announcement that Frontline Management chief executive Robert Hvide Macleod had acquired 50,000 shares on Thursday at NOK 74.57 each.
The slice cost NOK 3.72m ($346,000), giving him a total of 1.05m shares in the John Fredriksen-controlled company.
