Frontline has disposed of the second of its three oldest suezmaxes — all of which are named after Norse gods — in a deal that leaves one as an expected sales candidate.
The New York and Oslo-listed tanker owner, one of the companies in the stable of Norwegian-born shipping tycoon John Fredriksen, said it sold the 156,000-dwt Front Loki (built 2010) for a net sale price of $46.9m.
