A wholly-owned subsidiary of First Ship Lease Trust (FSL Trust) has entered into a memorandum of agreement to sell the vessel FSL Osaka to an unaffiliated third party. An initial 10% deposit for the vessel has been received in escrow. The sale of the vessel is in line with the Trust’s ordinary cou...

THE trustee-manager of First Ship Lease (FSL) Trust has cited weaker earnings prospects as the rationale for its decision to sell two LR2 product tankers, in response to queries from the Singapore Exchange (SGX).

TWO units of First Ship Lease Trust (FSL Trust) have entered an agreement to sell two LR2 product tanker new-building vessels, the FSL Suez and FSL Fos, the firm's trustee-manager announced in a Wednesday bourse filing.

First Ship Lease Trust (FSL Trust) says its wholly-owned subsidiaries have executed memoranda of agreement to sell two LR2 product tanker newbuildings, the FSL Suez and FSL Fos to an unrelated third party. The sale comes after the vessel’s deliveries from COSCO Shipping Heavy Industry (Yangzhou) o...

FIRST Ship Lease (FSL) Trust has "amicably resolved" its claims against Torm Singapore for Torm's breaches of redelivery obligations as a bareboat charterer, FSL said in a bourse filing on Tuesday.

THREE wholly-owned subsidiaries of First Ship Lease (FSL) Trust have executed memoranda of agreement to sell three containerships to unaffiliated third parties, and received the initial 10 per cent deposit in escrow, the trust's manager said in a bourse filing on Wedne...

WITH a weaker showing in its top line, First Ship Lease (FSL) Trust, which leases vessels to the shipping industry, posted a 34.7 per cent drop in net profit to US$1.33 million for Q2 FY2020 ended June.

THE following companies saw new developments that may affect trading of their shares on Tuesday:

FIRST Ship Lease (FSL) Trust's board has approved a distribution per unit (DPU) of 1.5 US cents for its first quarter ended March 31. 

THE following companies saw new developments that may affect trading of their securities on Thursday: