Frontline secures bumper rates for two modern VLCCs

After grabbing headlines last Monday by locking in one-year time charters for seven VLCCs at $76,900 per day — levels not seen for decades — more fireworks have followed from John Fredriksen-controlled Frontline’s busy chartering desk.  Frontline has fixed out two modern VLCCs in the spot market. The 2018-built Front Princess has been fixed on …

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