FSL cashes in on another veteran product tanker

Singapore-listed First Ship Lease Trust (FSL) has agreed to sell another ageing product tanker, continuing a series of disposals that has reduced its fleet over recent years. The trust said in a filing that subsidiary FSL-14 had struck a deal to sell the 2006-built Speciality to an unrelated buyer. The 4,426 dwt tanker was built … Read full article →