
Key events, in time order
Amundi discloses 51.1% increase in Frontline holdings per 13F filing
Company announces sale of two 2017-built VLCCs for aggregate $270 million
Multiple independent sources confirm the plan, involving product upgrade and company update
VLCC spot rates jump from ~$37k to ~$103k/day, best adjusted profit since 2004
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Facts and opinions separated · All items sourced · Not investment advice