Frontline: Aggressively Buying Cash Flow In A Tight Tanker Market (NYSE:FRO)

Oil Tanker


Frontline plc (NYSE:FRO) recently acquired 24 VLCCs (very large crude carriers) from Euronav (EURN) in a complex deal with Compagnie Maritime Belge that also buys Frontline’s 26% stake in Euronav at $18.43/share. CMB will then bid

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