John Fredriksen’s Frontline has raised $100m in double-quick time sparking rumours in the capital markets it could table a bid for Gener8 Maritime.

Fredriksen’s Hemen Holdings contributed $10m to the pot in an offering that boosts the shipowner’s war chest to well over $400m, analysts say.

Frontline has made no secret of its expansion ambitions in the wake of its reunion with Frontline 2012.

Today,