You are here

First Ship Lease Trust Q1 profit dives on loss from disposal of vessels


FIRST Ship Lease Trust's net profit fell 55.1 per cent to US$2.3 million in the first quarter of 2016 after incurring losses from selling vessels.

The trust, which owns ships and provides leasing services on a long-term bareboat charter basis, reported that earnings fell...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to