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home / news releases / FRO - Frontline Benefiting From Red Sea Disruptions

FRO - Frontline Benefiting From Red Sea Disruptions

Frontline Ltd.

2024-03-08 10:22:26 ET

Summary

  • Frontline is benefiting from current market dynamics and has locked in higher rates for Q1.
  • The company continues to benefit from high spot rates, which most recently have been boosted by ships avoiding the Red Sea over attacks.
  • That said, the company trades above the current valuation of its ships, which could cap upside.

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For further details see:

Frontline Benefiting From Red Sea Disruptions
Stock Information
Company Name: Frontline Ltd.
Stock Symbol: FRO
Market: NYSE
Website: frontline.bm
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