John Fredriksen-chaired Frontline is planning to extend front cover for some of its vessels in 2020 while making further investment decisions on scrubber installations, according to a senior executive.
In a conference call, Frontline Management’s chief executive Robert Hvide Macleod said spot earnings would remain strong for at least 12 to 18 months with the current orderbook size.
According to data provided by Frontline, the capacity of tankers on order accounts for 6.9%
