FSL Trust subsidiaries to buy two product tankers for US$97.6m
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Singapore
FIRST Ship Lease Trust (FSL Trust) plans to buy two product tankers for a total of US$97.6 million as part of plans to renew its fleet of vessels, the trust said on Thursday before market open.
Its wholly owned subsidiaries - FSL-28 and FSL-29 - and shipbuilder Cosco Shipping Heavy Industry (Yangzhou) struck a deal on Wednesday for the purchase of two 114,000 deadweight tonnes scrubber fitted Tier III LR2 product tankers.
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