John Fredriksen’s Frontline is scouting for tanker deals at a time it feels asset values are on the up.

Frontline has not bought any ships from the market for more than two years and is set to take delivery of its final VLCC newbuilding in April.

Frontline's tanker rate guidance shines amid fourth quarter profit miss
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Fredriksen's Ship Finance still gunning for growth after $1.2bn