Business. Frontline locks in $235m VLCC windfall as rates hit 15-year high
Frontline secures four VLCC charters at up to $120,000 per day, capitalising on a red-hot market.
FRO · intraday · last 6 months
50.32 USD
From the Financial Ports newsroom · most recent first
Frontline secures four VLCC charters at up to $120,000 per day, capitalising on a red-hot market.
Benchmark Gulf-East Asia tanker rates surge past $1.4 million per day after Iran’s 20th strike this month.
60-kilowatt HELIOS system deployed on warships in the Strait of Hormuz destroys drones for just $13 per shot.
Prices via CAMAL AI · intraday, may be delayed by the exchange. Not investment advice.