Frontline May Lack Cash for Bond Unless Tanker Market Recovers

Frontline May Lack Cash for Bond Unless Tanker Market Recovers

Frontline Ltd., via Bloomberg News

An undated handout photo, provided to the media on Wednesday, Jan. 7, 2009, shows a supertanker called 'Front Shanghai', which is a Frontline Ltd., vessel. Frontline said today it needs $24,200 a day this year from the vessels to break even.