John Fredriksen’s Frontline2012 has firmed up two VLGCs and two aframax LR2s this year and it is notexpected to stop growing now.

Erik Nikolai Stavseth of ArcticSecurities, said in a note to clients: “With FRNT aiming to focus on high quality, modern, fuelefficient tonnage the next step could be container vessels where thefuel-savings are by far highest.”

His commentscome ahead of the Frontline spin-off’s fourth quarter report in which theanalyst expects it to return to profit with a $0.02