John Fredriksen’s Frontline has brought more experience on board in the shape of new director Marios Demetriades.

The 51-year-old Cypriot was minister of transport, communications and works in Cyprus from 2014 to 2018.

Demetriades is described by the Oslo-listed tanker company as “an experienced financial services professional”.

He has significant experience as a non-executive director in various listed and private companies in the banking, infrastructure and shipping industries.