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FSL Trust subsidiaries to buy two product tankers for US$97.6m

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Published Thu, Dec 13, 2018 · 09:50 PM

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.

first ship lease trust

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