More scrapping may lift oil tanker rates in late 2018 -Frontline CEO
December 18, 2017 at 09:01 AM EST
OSLO, Dec 18 (Reuters) - Oil tanker firm Frontline expects shipping firms to scrap more old vessels in the time ahead, which may lead to a recovery in rates for the remaining global fleet in the second half of 2018, its chief executive told Reuters on Monday.