Frontline has already spun its VLGCs and capesizes off in deals with Avance Gas and Knightsbridge Tankers respectively.

Today analysts at DNB Markets highlight New York-listed DHT to be the next potential piece in the spin-off jigsaw.

Its analyst team, led by Nicolay Dyvik, said in a report: “DHT could be the next pure play for Frontline 2012 and lead to a doubling of the fleet on water.”

They