FSL Trust seals charter extensions for three product tankers

Singapore’s FSL Trust Management has secured a new agreement for the extension of bareboat charters for the three 4,426dwt product tankers, Speciality, Superiority and Seniority.

The vessels have been on charter to James Fisher since 2007.

“We are very pleased to have extended this agreement that will continue to generate a stable income for the Trust for the next few years. We continue to take the appropriate steps to manage the performance of the Trust, with a particular focus on the commercial deployment of the fleet,” said Roger Woods, acting chief executive officer of FSL Trust.

In April, FSL Trust placed its 115,000dwt aframax tanker FSL Hong Kong into the Teekay aframax revenue sharing agreement.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.
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