FSL Trust seals charter extensions for three product tankers

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 worked for a number of logistics firms following his English degree, then switched this hands-on experience to writing and has since become one the most prolific writers on the diverse China logistics industry writing for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week. Jason’s access to the biggest shippers with business in China has proved an invaluable source of exclusives.

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