John Fredriksen’s Frontline was again surging today with its Oslo traded stock having now doubled this year.
DHT Holdings is also on the march in 2015, climbed from $7.42 per share on the first trading day of the year to $9.04 at the close in the US last night.
Eirik Haavaldsen of Pareto Securities says strong spot rates and a catch-up effect following lags in tanker owner’s share prices in the third and fourth quarters last year have helped push the stronger performance.
Floating
