Frontline has reportedly sold its oldest tanker, continuing the vintage suezmax clear-out started last year.
John Fredriksen’s stock-listed tanker owner sold the 157,000-dwt Front Brage (built 2011) for either $41m or $42m to unnamed buyers, according to brokers.
Frontline chief executive Lars Barstad told TradeWinds the company never comments on market rumours.
