Danske Bank is expecting John Fredriksen’s Frontline 2012 to post a stellar third quarter profit as it prepares to be absorbed into the original Frontline.
And analyst Bjorn Kristian Roed believes the good times will continue after the 1 December merger after jacking up his crude tanker rates forecasts for the next two quarters.
Roed is projecting a $46.8m profit from Frontline 2012 in the quarter, clear of the $41.5m
