Frontline plc. (FRO) Q3 2025 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.723 -- 00:00:06.812 Good day and thank you for standing by. Welcome to the third quarter 2025 Frontline 00:00:06.812 -- 00:00:11.419 Earnings Conference Call and Webcast. At this time, all participants are in listen-only 00:00:11.419 -- 00:00:15.925 mode. After the speaker's presentation, there will be the question and answer session. 00:00:15.925 -- 00:00:20.092 To ask a question during the session, you need to press star, one, one on your telephone 00:00:20.092 -- 00:00:24.518 keypad. You will then hear an automated message advising your hand is raised. 00:00:24.518 -- 00:00:28.083 To withdraw a question, please press star, one, and one again. 00:00:28.083 -- 00:00:31.672 Please be advised that today's conference is being recorded. 00:00:31.672 -- 00:00:35.656 I would now like to hand the conference over to our first speaker today, Lars Barstad, 00:00:35.656 -- 00:00:38.159 CEO. Please go ahead, sir. 00:00:38.159 -- 00:00:43.384 Thank you very much. Dear all, thank you for dialing in to Frontline's quarterly earnings 00:00:43.384 -- 00:00:48.749 call. It's noticeable how everyone at Frontline and in the 00:00:48.749 -- 00:00:53.534 general tanker industry, for that sake, walks with an energetic spring in their steps 00:00:53.534 -- 00:00:59.420 these days. We have previously argued that this market owes us money, 00:00:59.420 -- 00:01:03.316 and we have finally started to correct I'll 00:01:03.316 -- 00:01:08.761 try not to jinx it by using caps lock on absolutely everything, but it is a mild 00:01:08.761 -- 00:01:14.266 understatement that we are positively excited by the development in this market 00:01:14.266 -- 00:01:18.370 that started to materialize during the third quarter of the year. 00:01:18.370 -- 00:01:23.554 Before I give the word to In...