Lars Barstad | Chief Executive Officer |
Inger Klemp | Chief Financial Officer |
Jonathan Chappell | Evercore ISI |
Chris Tsung | Webber Research |
Good morning and good afternoon to everyone. Welcome to Frontline’s Second Quarter Earnings Call.
As mentioned in our release, this is the quarter where the LR2s took center stage. The market tends to forget that close to a third of our vessel days come from this asset class. We started to see the displacement of Russian crude and products also affecting the Suezmaxes during the second quarter.