‘Wish me luck on one last ship’ out of Russia, says Frontline’s Barstad

Norwegian tanker owner Frontline is closing out its last charter commitments to lift Russian cargoes as a ship loads at Novorossiysk.

Frontline Management chief executive Lars Barstad told TradeWinds that the 109,900-dwt LR2 product tanker Front Cougar (built 2016) has just loaded naphtha at the Black Sea port. Once it is out of the Black Sea, Frontline is done with Russian ports and risk from the Russo-Ukrainian war until further notice.