Uh-Oh! Tanker collision (06/17/25)

Announced earlier today - Two tankers collided and caught fire in the Strait of Hormuz. No details on how severe the damage. Frontline (FRO) owns one of the vessels, Front Eagle.

https://seekingalpha.com/news/4458799-two-oil-tankers-collide-catch-fire-near-strait-of-hormuz

Ironically, I nibbled on FRO shares yesterday after missiles started flying (Israel and Iran)

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Statement from FRO on the incident–

So far, it seems no fatalities. That’s a positive. I’m also inferring that putting out a fire on a loaded tanker as a positive. Is the vessel still sail-worthy?

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